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The Complete Idiot's Guide to Project Management, 5th Edition by G. Michael Campbell PMP, G. Michael Campbell, Sunny Baker

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Planning for Outside Vendors, Contractors, and Suppliers

During the planning phase (where you are now), establish a list of probable vendors, suppliers, and contractors for your project and get estimates of cost and availability. Before you talk to vendors, you need to be crystal clear about the materials, equipment, and/or work you want from them. This will come into play during negotiations, and a well-defined statement of work (SOW) or scope statement is essential (see Chapter 7).
When you evaluate the need for vendors, consider doing a make-or-buy analysis. This technique determines whether you can effectively produce the items you need internally within the company or whether your best alternative is to purchase what you need. A good way ...

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