Specific difference between Performance Reporting & Procurement Performance Review

Submitted by hakim_mudassar on Sat, 08/06/2011 - 09:52

 Hello everybody, I just cant seem to find the exact difference Performance Reporting & Procurement Performance Review from the Procurement KA, would really appreciate if some valueable inputs are given

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hakim_mudassar

Tue, 08/09/2011 - 14:39

 Would really appreciate if somebody could answer this.

aaron

Tue, 08/09/2011 - 15:01

Procurement performance reviews examine the seller’s performance on the contract to date. These reviews can be conducted at the end of the contract or at intervals during the contract period. Procurement Performance Review is your (PM's) evaluation of the Contrat. This is a communication between PM and Vendor.

Performance reporting is a large part of project management. This tool and technique entails providing your managers and stakeholders with information about the vendor’s progress in meeting the contract objectives. This is communication between PM and other stakeholders.

hakim_mudassar

Tue, 08/09/2011 - 16:40

 Thanks, aaron