Reply To: Evaluate the strengths and weaknesses of the acquisition management processes best practice interactions to other KPA’s. What could be removed? What should be added? What could be modified? Why?

Prog Home v3 Forums Advanced Study Courses – Acquisition Management Evaluate the strengths and weaknesses of the acquisition management processes best practice interactions to other KPA’s. What could be removed? What should be added? What could be modified? Why? Reply To: Evaluate the strengths and weaknesses of the acquisition management processes best practice interactions to other KPA’s. What could be removed? What should be added? What could be modified? Why?

#60147
Andrea Murschel
Participant

A well managed acquisition management process has strengths in
– cost control
– conforming to compliance requirements
– high quality information to support better contract terms and service levels with vendors
However, acquisition management can have these weaknesses if not performed well:
– complexity and high administrative overhead cost
– system integration challenges
– dependencies on vendors
– challenges with budget constraints