PROJECT, PROGRAMME AND PORTFOLIO MANAGEMENT

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Procurement is generally stands for the process by which goods, works or services can be found and agreed to deliver from the external resources. On the other hand, it also found that procurement helps in delivering goods or services as per the customer demand. The entire study helps in understanding the concept of procurement along with its significant role in project management. On the other hand the paper also highlights significant challenges of project management due to poor procurement process. Besides, it also highlights the impact of procurement practice on the project management process development. Therefore, it can be understood that the paper aims to analyze the significant aspects of procurement in the context of understanding its consequences over project management.

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