New Book Provides a Step-by-Step "How To" for Implementing a Structured Procurement Methodology

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In his most recent book, author Stephen Guth provides both project managers and procurement professionals with practical and actionable information essential to implementing a structured procurement methodology that works in a real life setting.

Guth's New Book on Project Procurement Management

This book guides readers in conducting real-world procurements--from preparing a request for proposals all the way through to resolving a post-award dispute between buyer and seller.

In his most recent book, author Stephen Guth provides both project managers and procurement professionals with practical and actionable information essential to implementing a structured procurement methodology that works in a real life setting.

In “Project Procurement Management: A Guide to Structured Procurements,” Guth focuses on the Project Management Institute’s Project Management Body of Knowledge or “PMBOK” as a basis to describe key elements of structured procurements, including procurement planning, competitive bidding, negotiations, legal considerations of procurement, contract management and administration, dispute resolution, and procurement ethics. The book explains and elaborates on PMI’s Project Procurement Management knowledge area, bridging the gap between project managers and procurement professionals and guiding the reader on the “how to” of implementing a structured procurement methodology. Says Guth, “The PMBOK provides a superb framework for a structured procurement methodology—what my book does is translate PMI’s Project Procurement Management into actionable information that project managers and procurement professionals alike can put into practice.”

Integrating his own deep procurement experience accumulated over the past 15 years, Guth details how to conduct structured procurements step-by-step, from preparing for a request for proposals all the way through to resolving a post-award dispute between buyer and seller. Through the use of explanatory narrative and actual examples, he familiarizes procurement professionals with Project Procurement Management terminology and, similarly, project managers with procurement-specific terminology. Guth explains his over-riding purpose for the book, “My ultimate goal is that project managers and procurement professionals alike find the book valuable in implementing a mutually beneficial and real-world structured procurement methodology.” Guth has certainly accomplished that with his latest book—whether you are a project manager seeking to understand procurement or a procurement professional who is considering Project Procurement Management as a basis for building a structured procurement methodology, this book has something for you.

This latest book by Guth is available in print and for the Kindle at Amazon.com or at Lulu.com. Guth is also the author of “The Contract Negotiation Handbook: An Indispensable Guide for Contract Professionals” and “The Vendor Management Office: Unleashing the Power of Strategic Sourcing.” These books are available on Amazon.com or can be found at Guth’s Vendor Management Office blog, which covers a wide variety of sourcing, procurement, negotiation, and contracting topics.

Stephen R. Guth, Esq. is the Vice President of Vendor and Legal Services at the National Rural Electric Cooperative Association headquartered in Arlington, Virginia. He has provided negotiation services, as both a buyer and seller, to numerous multi-national companies. Guth is a graduate of the University of Miami School of Law and is a summa cum laude graduate of Saint Leo University. He is a Certified Commercial Contract Manager, Certified Purchasing Manager, and Certified Technology Procurement Executive. Guth also teaches procurement-related courses as an adjunct professor with the University of Maryland University College’s Graduate School of Management and Technology. He has served on the Professional Standards and Ethics Committee of the National Contract Management Association Board of Directors and was named as the Association for Technology Procurement Professional’s Member of the Year.

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