How To Manage Vendors Effectively As A Project Manager: 10 Crucial Tips
Vendors serve as the backbone of many projects. As a matter of fact, vendors play a critical role for any type of business. Vendors provide businesses with supplies, technology, equipment, services and about a million other things. Without these vendors, most businesses could not survive. The same can be said for projects – a bad vendor can make or break a project under the right circumstances. Project Managers must learn to manage vendors effectively from day one to maximize their relationship, while protecting the project from possible downsides. In this article, we’re exploring how to manage vendors effectively as a Project Manager, along with 10 crucial tips for success!