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The Project Files - The Vendor Who Changed Everything
Halfway through the project, the third-party vendor missed a critical deliverable. The project manager had a contract, a penalty clause, and no backup plan. This episode follows the scramble to recover and the lessons learned about procurement. Listeners learn the difference between fixed-price and time-and-materials contracts, what a statement of work should include, and why vendor management belongs on the project schedule.
The Project Files is a storytelling series from Project Management Insights. Each episode follows a real project scenario where something goes wrong, gets complicated…
The skinny
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