DOCUMENT

ART - Procurement Process Maturity: Key to Performance Measurement 2008

  • YEAR CREATED: 2008
  • ENTITY TYPE: Scholarly Publication
  • TYPE OF DOCUMENT: ART - Article, Paper, Review, Survey, Report
The document is an article titled "Procurement Process Maturity: Key to Performance Measurement" by Rene G. Rendon. The article discusses the increasing importance of performance measurement in public organizations, particularly in the procurement and contract management processes. It emphasizes that public sector organizations should be focusing their attention on measuring the performance of these critical processes. The article begins by highlighting the growing attention on performance measurement in both private and public sector organizations. It mentions the financial scandals and legislative statutes that have directed private sector organizations to focus on their organizational processes and outputs. It also mentions government initiatives such as the Government Performance and Results Act (GPRA) and the National Performance Review that have led federal agencies to prioritize performance measurement. The article then focuses on performance measurement in public sector organizations, specifically in the procurement and contract management processes. It discusses the changing nature of government agencies and the increasing reliance on external companies to perform mission-critical work. It emphasizes the need for public sector organizations to manage an increasing number of contractors and suppliers, making procurement and contract management processes essential. The article highlights the procurement and contract management processes as critical core processes that should be the focus of performance measurement efforts in public sector organizations. It discusses the importance of measuring the performance of these processes to ensure efficiency, effectiveness, and compliance with regulations. Finally, the article introduces the Contract Management Maturity Model (CMMM) as a method for assessing, measuring, and improving an organization's procurement and contract management processes. It mentions a case study that demonstrates the organizational benefits of using the CMMM as a performance measurement and process improvement method. Overall, the article emphasizes the importance of performance measurement in the procurement and contract management processes of public sector organizations. It highlights the need for organizations to focus their attention on measuring the performance of these critical processes and introduces the CMMM as a tool for assessing and improving them.
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