
The moves of P&B Procurement in the Project Management is to:
1.Create a report of feasibility:
- Calculate expected fixed and variable costs of the project.
- Furnish a project development and business plan to the client.
2.Visit the suppliers in order to evaluate all the info needed in the project as well as to scout them in order to help the client identifying those who are more professional and efficient.
3.Provide a detailed plan to the Client to make the best decision on the project.
4.Identification of scale economies potential.
5.A program support function that establishes clear cost accounting procedures that are adhered to by all projects and benefits realization work.
6.Negotiation of the terms and conditions in supplies contracts.
7.Follow-ups during the entire duration of the project.
The win-win achievements of P&B Procurement cost budgeting therefore is to:
- Identify expected costs in advance.
- Identify suppliers by scouting.
- Enhance the predicted costs and actual costs analysis and comparison.
- Provide quality information for decision making.
- Create an official budget well-accepted from the main financial companies.
- Help future cost management predictions and budgets.

