Remove Consulting Remove Cost of Ownership Remove TCO
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Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

A RACI (responsible, accountable, consulted, informed) chart is an effective project governance tool so that team members understand their responsibilities and to ensure accountability throughout the procurement process. Tools like the RACI chart, often used by procurement consultants , are invaluable in this phase.

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Evolution of the Status Quo

The Procurement School

Decision-making using Choosing by Advantages (CBA) and that incorporates Total Cost of Ownership (TCO) principals provides customer-centric solutions that pay dividends far beyond initial construction. This collaborative effort ensures that the procurement landscape remains fair, competitive, and cost-effective.