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Introduction
For some projects, procurement of goods or services might be required from outside vendors. Understanding the procurement process and contracts is a key aspect of managing project risks. As you read, consider how supply chain issues and relationships with vendors can impact project timelines.
Source: Adam Farag, https://ecampusontario.pressbooks.pub/essentialsofprojectmanagement/part/chapter-7-project-procurement/ This work is licensed under a Creative Commons Attribution 4.0 License.