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Chapter 21. Managing Vendors > Twelve Key Project Management Skills for Better ...
Twelve Key Project Management Skills for Better Vendor Management
To better help you prepare for responsibilities of vendor and procurement management, let’s review the type of skills and knowledge a project manager should possess to be effective in these areas. The key project management skills needed for procurement and vendor management include the following:
Managing expectations
Effective verbal and written communications
Managing virtual and cross-cultural teams
Defining a project
Proficient negotiating
Vendor selection and evaluation
Strong interpersonal skills
The ability to identify risks and develop appropriate responses (managing risks)
Contract knowledge
The ability to manage to a contract
Understanding when and how to use legal assistance
Managing changes
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