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Procurement Matrix

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We are back again with another post on useful project management tools that you can take advantage of to make your project work more efficient.

Our last post looked at the topic of cost baseline which is incredibly useful for your project. Once you have done that with your project you can start to consider using today´s resource- a procurement matrix.

Do you know what a procurement matrix is or have you ever heard of one?

Well, a procurement matrix is a guide for managing the procurement of goods and services throughout the life of the project. It is also an input for developing the procurement plan. What´s more, the matrix defines the procurement methods and timelines, which are described in the project schedule.
If you are interested in learning more you can take a look here

Remember that we will be adding to our project management tools so follow our posts to stay up to date!

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