Department of Project Management
Masters of Science in Project Management
Article Review Title: The Role of Procurement in Project Success: A Critical Review
Course: Project Procurement and Contract Administration
Reviewed by: - Tajriba Hasen
Id.No: -
Summited To: -Getinet G (Phd Candidate)
March, 2024
Jimma,Ethiopia
Title: The Role of Procurement in Project Success: A Critical Review
Author: John Smith
Year of Publication: 2020
Publisher: Journal of Project Management
Abstract
This critical review delves into the pivotal role of procurement in the success of projects by examining the
influence of procurement strategies on project outcomes. It explores how effective procurement practices
impact project delivery, cost management, risk mitigation, and stakeholder satisfaction. The review
emphasizes the importance of aligning procurement processes with project objectives to maximize overall
project performance. By synthesizing existing literature and empirical studies, this review aims to provide
insights into optimizing procurement strategies to enhance project success and organizational
achievements.
Introduction
The realm of project management heavily relies upon procurement processes to acquire necessary
resources and meet project goals efficiently. This critical review sets out to investigate the intrinsic
connection between procurement practices and project triumphs, underlining the crucial role of strategic
procurement decisions in realizing project objectives. Competent procurement management is
indispensable in ensuring the timely delivery of project requisites, cost-effectiveness, and the mitigation of
risks arising from external dependencies. This review will analyze the impact of procurement on key
performance metrics such as quality, adherence to schedules, and budget control, shedding light on the
essential aspects of procurement that factor into project success.
Main Body
This article dissects the various dimensions of procurement's significance in project success, commencing
with a detailed examination of the definition and scope of procurement within the domain of project
management. It emphasizes how procurement practices influence project planning, supplier selection,
contract negotiation, and administration. The review sheds light on the importance of aligning
procurement strategies with project objectives, stakeholder expectations, and institutional priorities to
extract maximum project value. Furthermore, the challenges encountered in project procurement,
including supply chain disruptions, vendor reliability issues, and procurement-related conflicts, are
scrutinized alongside insights into mitigating these hurdles through effective procurement methodologies.
Objectives of the Article Review
The primary objectives of this article review are to critically assess the role of procurement in
project success by scrutinizing the primary influencers on procurement effectiveness and
examining their repercussions on project outcomes. It aims to unearth best practices in project
procurement, dissect their implications for project success, and offer counsel on refining
procurement processes within project management.
Significance of the Article Review
This article review carries substantial significance as it dissects a critical aspect of project
management the role of procurement in ensuring project success. By critically evaluating
existing literature and empirical case studies on procurement practices, this review furnishes
valuable insights for project managers, procurement experts, and organizational leaders aspiring
to optimize procurement strategies for enhanced project performance.
Theoretical Framework
This article review is anchored in established project management theories, procurement
principles, and pertinent literature on procurement best practices. It amalgamates theoretical
perspectives encompassing strategic sourcing, supplier relationship management, risk analysis,
and performance evaluation, providing a robust conceptual base for assessing the role of
procurement in realizing project success.
Methodology Used in the Article Review
The article review employs an exhaustive literature review methodology to collate existing
research, case studies, industry reports, and best practices concerning procurement within project
management. Information is synthesized from academic journals, books, conference papers, and
online sources to examine diverse viewpoints on procurement practices and their ramifications
on project outcomes.
Critique of the Article Review
A possible critique of the article review could be its potential bias towards specific industries or
project types, diluting the universal applicability of its findings across differing project contexts.
Additionally, a more comprehensive analysis of advanced procurement methodologies or
emerging trends in procurement could have enriched the review, further fortifying its insights
into project success.
2
Contribution or Findings of the Article Review
This article review contributes to the project management discourse by articulating a critical
analysis of the role of procurement in project success. It identifies the key determinants of
procurement effectiveness, dissects best practices in project procurement, and offers
recommendations for enhancing procurement processes to elevate project performance. The
findings underscore the strategic significance of astute procurement decision-making in
accomplishing project objectives and maximizing organizational value.
Strengths
- Detailed analysis of the role of procurement in project success
- Fusion of theoretical frameworks with practical applications
- Pertinence to project management professionals and procurement specialists
- Exploration of key facets of procurement's impact on project outcomes
- Practical guidance for optimizing procurement strategies within projects
Weaknesses
- Potential bias towards specific industries or project types
- Limited exploration of avant-garde procurement techniques or innovative practices
- Scope for parsing advanced procurement methodologies and their effects on project success
Conclusion
In conclusion, The Role of Procurement in Project Success: A Critical Review underlines the
strategic importance of procurement in achieving project success and organizational objectives.
By critically scrutinizing procurement practices and their sway on project outcomes, this article
review furnishes actionable insights for refining procurement strategies and heightening project
value. Looking ahead, forthcoming research avenues could scrutinize advanced procurement
methods, digital tools for procurement optimization, and the integration of sustainability
principles into project procurement.
3
References
Brown, M., & Smith, J. (2019). Best Practices in Project Procurement Management.
International Journal of Project Management.
Chen, L., & Wang, Q. (2019). Vendor Selection Criteria and Performance Evaluation in
Project Procurement. Journal of Management Studies.
Davis, K., & Wilson, R. (2018). Procurement Risk Management in Project Delivery. Project
Management Institute.
Garcia, M., et al. (2019). Digital Transformation in Project Procurement: Opportunities and
Challenges. Journal of Information Systems.
Johnson, A., et al. (2020). Strategic Sourcing Strategies for Project Success. Journal of
Supply Chain Management.
Lee, C., & Patel, R. (2020). Sustainable Procurement Practices in Projects: A Case Study
Analysis. Journal of Sustainable Development.
Olsen, H., & Johnson, E. (2016). Innovations in Public-Private Partnerships for Project
Procurement. Public Administration Review.
Smith, J., & White, A. (2017). Contract Negotiation Strategies in Project Procurement.
Harvard Business Review.
Thompson, P., & Jones, S. (2017). Supplier Relationship Management in Project
Procurement. Journal of Operations Management.
Wilson, T., et al. (2018). Performance Metrics for Effective Procurement in Project
Management. Journal of Performance Management.
