Method123 Ltd: Defining Supplier Requirements With a Statement of Work

LA HABRA, CALIFORNIA, Aug 17 (MARKET WIRE) --
Defining supplier requirements is a critical element of successful
project management according to Method123 Ltd, leaders in online project
management templates.

Suppliers need to understand exactly what is expected of them says Jason
Westland, CEO of Method123 Ltd.

"By clearly identifying what your requirements are, suppliers will know
what needs to be delivered, how and by when. This can easily done by
completing a document known as a Statement of Work," says Westland. "It
is a statement of the work to be completed by the supplier and it's a
sure-fire way of getting the best possible results from suppliers."

"By completing a Statement of Work whenever you need to request work from
an external supplier, you will ensure that everyone is clear about what
your expectations are in terms of deliverables and timeframes for
receiving them."

Preparing a Statement of Work will help project managers define the type
of supplier they wish to appoint. It describes the materials and
equipment needed, specifies the deliverables to be provided by the
supplier, details the specific timeframes for delivery and states the
terms and conditions for payment.

Creating a Statement of Work is part of the planning phase of the project
life cycle which is undertaken before project execution.

The Statement of Work project management template is available from
Method123.com and has easy to follow instructions, pre-completed tables
and practical examples. It forms part of the comprehensive project
management templates package or Project Management Kit offered at
Method123. The kit includes all of the project management tools and
templates needed to successfully deliver projects. It comprises hints and
tips, real-life examples, charts and tables that cover every activity in
the project lifecycle from initiation to planning, to execution, to
closure.

Method123's online project management solutions also include project
management methodologies and project planning software, which combined
with the template package, present a unique and compelling offering to
project managers around the world.

For more information, visit www.method123.com.

Contacts:
Method123 Ltd
Jason Westland
CEO
(646) 514-4750
support@Method123.com
www.Method123.com

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