KMBNOM04 PROJECT AND SOURCING MANAGEMENT UNIT 1 Sourcing Introduction to Sourcing, Sourcing Vs. Procurement Sourcing Activities, Purchasing Purchasing Cycle, 8 R's of Purchasing Characteristics of a Purchasing Manager Risks to Considered by Purchasing Management, Make or Buy Decision: An Introduction UNIT 2 Evaluating Supplier’s Efficency Vendor Rating, Vendor Selection Vendor Development Need for measuring supplier performance Categories of supplier Supplier evaluation and selection process Vendor rating process, Factor affecting selection of optimal supplier and vendor ratings Advantage of vendor /supplier Ratings, Identify and evaluating the international supplier UNIT 3 Pricing Detrmination and Negotiations Objectives of Pricing, Factor influencing pricing Types of pricing strategies, Negotiation in sourcing; Meaning of Negotiations Types of Negotiations The process of Negotiations Skills for successful Negotiations, Obstacles to Negotiating UNIT 4Â Introduction of Project: Characteristics of project Types of Project, Project life cycle Concepts of Deliverables, The project management process Some organizations may also include a sixth process group: Roles of project team, Fundamental concepts of project cost Types of Cost: Direct, Indirect , Recurring , Non Recurring, fixed, Varible, Project financing and Budgeting, Sources of Finance, Top-down Budgeting Bottom-up Budgeting, Advantages of bottom-up budgeting include:Activity based costing UNIT 5Â Project Scheduling, Network analysis and Control, Project Network Design Gantt Chart, Work breakdown Structure (WBS) Identifying and Application of the nodes and activity,Activity on Arrow method (AOA), Activities on Node (AoN) Method Planning, Monitoring and Control cycle, Tracking through Gantt chart Earned Value Analysis (EVA), Planned Value (PV), Earned Value (EV), Cost Variance, Schedule Variance Cost Performance index (CPI) , Schedule performance index, Project Termination: types of termination
