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One is because most of the cost of a project resides in the initial investment made up front to procure the assets or services needed to complete project deliverables. Secondly, providing the deliverables at the right level of quality, timing, and pricing is where most of the risks management comes into play.
Nestle was able to cut major costs within their business using the linkages between project management and procurement. The relationship from a global perspective was lost largely due to the gap in structure between being a global company and a multi-national company. The direction was strategic in nature...
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