• Home
  • About Us
  • Courses
  • All Templates
  • Blog
  • Contact Us
  • Staffing Services
  • My Account

Vendor Management

Categories:
Vendor Management
Posted by: admin-Thinkit
9 years ago
No comments

Managing projects were vendors are playing a significant role can offer its challenges. When vendors are depended on to provide a design, infrastructure or software installation and configurations you will always have a risk you cannot completely control.

As you would expect, some vendors are better than others. You have vendors that are well organized, have good communication skills and project processes. Others require more hand holding or can be a complete challenge to work with.Vendor_Management

Here are a few tips for working with vendors:

  1. Establish Clear Roles and Responsibilities
  2. Have YOUR Plan. It is not uncommon for professional services to include their own project manager who will promote their schedule and processes. This is fine. However, I have made it my rule that i will build my plan and capture the vendor’s milestones and key tasks. I will use my plan to drive the effort since ultimately as the project manager i will be responsible for the success or falure.
  3. Establish a contingency plan that identifies key risks associated with your vendor.
  4. Know your escalation path. If a vendor is not delivering escalate early after you have made a reasonable effort to resolve the issue as part of your management of the project.
  5. Build a rapport with your vendor and your project management partners. Building a strong relationship based on respect, honesty and professionalism will go a long way to help you and the project team to be successful.
admin-Thinkit

Post navigation

← Project Schedule Development
Project Requirements →

Leave a Reply Cancel reply

Categories

  • Business
  • Communication
  • Methodologies
  • Project Management
  • Relationship Management
  • Technology
  • Training
  • Uncategorized
  • Vendor Management

Newsletter - Stay tune and get the latest update

Be in the know about what’s happening here.

Newsletter Form (#3)

About Thinkit

ThinkITProjectManagement.com will be a valuable resource. This site includes a blog, webinars, and free project management templates and consulting opportunities.

Quick Links

  • Blogs
  • About Us
  • All Cources
  • Sitemap

Support

  • Help & Support
  • Trust & Safety
  • Contact Thinkit

© Copyright Thinkitprojectmanagement 2023, All Rights Reserved

Sign In
The password must have a minimum of 8 characters of numbers and letters, contain at least 1 capital letter
I want to sign up as instructor
Remember me
Sign In Sign Up
Restore password
Send reset link
Password reset link sent to your email Close
Your application is sent We'll send you an email as soon as your application is approved. Go to Profile
No account? Sign Up Sign In
Lost Password?