Reviewing the Procurement Timeline to Reduce Schedule Delays & Cost Inflation
Time: 1:10 pm
day: Day Two
Details:
- Reviewing which products are likely to have the longest lead time in today’s market and how these are tracking over the next 12 months
- Streamlining the decision-making process and understanding the cost of time to overall project completion to ensure optimal budget adherence
- Aligning project team behind acceptance criteria for long lead products to enable teams to find the right alternatives when number one choices are not available
- Identifying the optimal vendors to utilize to find the right balance between upfront cost and money saved by keeping to original schedule
