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ISPL
The Information Services Procurement Library (ISPL) is a best practice library for the management of Information Technology related acquisition processes (derived from Euromethod). It helps both the customer and supplier organization to achieve the desired quality using the corresponded amount of time and money by providing methods and best practices for risk management, contract management, and planning. ISPL focuses on the relationship between the customer and supplier organization: It helps constructing the request for proposal, it helps constructing the contract and delivery plan according to the project situation and risks, and it helps monitoring the delivery phase. ISPL is a unique Information Technology method because where most other Information Technology methods and frameworks focus on development (e.g. DSDM, RUP), ISPL focuses purely on the procurement of information services. The target audience for ISPL consists of procurement managers, acquisition managers, program ...
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Euromethod
Euromethod is a method for managing procurement processes of Information Services. It focuses on contract management. Euromethod consists of three books: a reference manual, a dictionary and a collection of annexes. Euromethod's first release was in 1996. It has evolved into the Information Services Procurement Library (ISPL), which has published a set of manuals. History Euromethod is the result of a European project ordered and funded by DGIII (Industry) of the European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o .... It has been achieved by a consortium containing Sema Group (France), BT Group (UK), Cap-Volmac (The Netherlands), CGI (France), Datacentralen (Denmark), EMSC (Consortium of Bull-Olivetti-Siemens), Finsiel (Italy), INA (Portugal), Indra (Spain), and ...
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Dynamic Systems Development Method
Dynamic systems development method (DSDM) is an agile project delivery framework, initially used as a software development method. First released in 1994, DSDM originally sought to provide some discipline to the rapid application development (RAD) method. In later versions the DSDM Agile Project Framework was revised and became a generic approach to project management and solution delivery rather than being focused specifically on software development and code creation and could be used for non-IT projects. The DSDM Agile Project Framework covers a wide range of activities across the whole project lifecycle and includes strong foundations and governance, which set it apart from some other Agile methods. The DSDM Agile Project Framework is an iterative and incremental approach that embraces principles of Agile development, including continuous user/customer involvement. DSDM fixes cost, quality and time at the outset and uses the MoSCoW prioritisation of scope into ''musts'', ' ...
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Information Technology
Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a computer system — including all hardware, software, and peripheral equipment — operated by a limited group of IT users. Although humans have been storing, retrieving, manipulating, and communicating information since the earliest writing systems were developed, the term ''information technology'' in its modern sense first appeared in a 1958 article published in the ''Harvard Business Review''; authors Harold J. Leavitt and Thomas L. Whisler commented that "the new technology does not yet have a single established name. We shall call it information technology (IT)." Their definition consists of three categories: techniques for pro ...
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Managing Risks And Planning Deliveries
Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. "Run the business" and "Change the business" are two concepts that are used in management to differentiate between the continued delivery of goods or services and adapting of goods or services to meet the changing needs of customers - see trend. The term "management" may also refer to those people who manage an organization—managers. Some people study management at colleges or universities; major degrees in management includes the Bachelor of Commerce (B.Com.), Bachelor of Business Administra ...
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Situation Analysis
In strategic management, situation analysis (or ''situational analysis'') refers to a collection of methods that Management, managers use to analyze an organization's internal and external environment to understand the organization's capabilities, customers, and business environment. The situation analysis can include several methods of analysis such as the #5C analysis, 5C analysis, SWOT analysis and Porter's five forces analysis. In marketing In marketing, a marketing plan is created to guide businesses on how to communicate the benefits of their products to the needs of potential customer. The situation analysis is the second step in the marketing plan and is a critical step in establishing a long term relationship with customers. The parts of a marketing plan are: * Introduction * Situation analysis * Goal, Objectives * Budgeting * Strategy * Execution * Evaluation The situation analysis looks at both the macro-environmental factors that affect many firms within the enviro ...
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ISO/IEC 12207
ISO/IEC/IEEE 12207 ''Systems and software engineering – Software life cycle processes'' is an international standard for software lifecycle processes. First introduced in 1995, it aims to be a primary standard that defines all the processes required for developing and maintaining software systems, including the outcomes and/or activities of each process. Revision history ISO/IEC/IEEE 12207:2017 is the newest version, published in November 2017. The IEEE Computer Society joined directly with ISO/IEC JTC 1/SC 7/WG 7 in the editing process for this version. A significant change is that it adopts a process model identical to the ISO/IEC/IEEE 15288:2015 process model (there is one name change, the 15288 "System Requirements Definition" process is renamed to the "System/Software Requirements Definition" process). This harmonization of the two standards led to the removal of separate software development and software reuse processes, bringing the total number of 43 processes from ...
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Acquisition Initiation (ISPL)
Acquisition may refer to: * Takeover, the purchase of one company by another * Mergers and acquisitions, transactions in which the ownership of companies or their operating units are transferred or consolidated with other entities * Procurement, finding, agreeing terms and acquiring goods, services or works from an external source * Library acquisitions, department of a library responsible for the selection and purchase of materials * Military acquisition, the process of acquiring products for national defense * Acquiring bank, a bank or financial institution that processes credit or debit card payments on behalf of a merchant * Acquisition (contract law), process by which the Federal Government of the U.S. acquires goods, services, and interests in real property * Acquisition (forensic process), the creation of a disk image for use in digital forensics * Acquisition (linguistic), process by which humans acquire the capacity to perceive and comprehend language * Acquisition (psych ...
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Acquisition Completion
Acquisition may refer to: * Takeover, the purchase of one company by another * Mergers and acquisitions, transactions in which the ownership of companies or their operating units are transferred or consolidated with other entities * Procurement, finding, agreeing terms and acquiring goods, services or works from an external source * Library acquisitions, department of a library responsible for the selection and purchase of materials * Military acquisition, the process of acquiring products for national defense * Acquiring bank, a bank or financial institution that processes credit or debit card payments on behalf of a merchant * Acquisition (contract law), process by which the Federal Government of the U.S. acquires goods, services, and interests in real property * Acquisition (forensic process), the creation of a disk image for use in digital forensics * Acquisition (linguistic), process by which humans acquire the capacity to perceive and comprehend language * Acquisition (psych ...
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Decision Point Deliverable
Decision may refer to: Law and politics *Judgment (law), as the outcome of a legal case *Landmark decision, the outcome of a case that sets a legal precedent * ''Per curiam'' decision, by a court with multiple judges Books * ''Decision'' (novel), a 1983 political novel by Allen Drury * ''The Decision'' (novel), a 1998 book in the ''Animorphs'' series Sports *Decision (baseball), a statistical credit earned by a baseball pitcher * Decisions in combat sports *Decisions (professional wrestling), by which a wrestler scores a point against his opponent Film and TV * ''Decision'' (TV series), an American anthology TV series * ''The Decision'' (play), by the 20th-century German dramatist Bertolt Brecht * ''The Decision'' (TV special), in which NBA player LeBron James announced that he would switch teams * "The Decision" (song), by English indie rock band Young Knives Music Albums * ''Decisions'' (George Adams and Don Pullen album), 1984 * ''Decisions'' (The Winans album), 1987 Songs ...
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Contract Completion
A contract is a legally enforceable agreement between two or more parties that creates, defines, and governs mutual rights and obligations between them. A contract typically involves the transfer of goods, services, money, or a promise to transfer any of those at a future date. In the event of a breach of contract, the injured party may seek judicial remedies such as damages or rescission. Contract law, the field of the law of obligations concerned with contracts, is based on the principle that agreements must be honoured. Contract law, like other areas of private law, varies between jurisdictions. The various systems of contract law can broadly be split between common law jurisdictions, civil law jurisdictions, and mixed law jurisdictions which combine elements of both common and civil law. Common law jurisdictions typically require contracts to include consideration in order to be valid, whereas civil and most mixed law jurisdictions solely require a meeting of the minds be ...
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Procurement Process
Procurement is the method of discovering and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. When a government agency buys goods or services through this practice, it is referred to as public procurement. Procurement as an organizational process is intended to ensure that the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and fluctuations in the prices of goods. Organisations which have adopted a corporate social responsibility perspective are also likely to require their purchasing activity to take wi ...
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Tendering
An invitation to tender (ITT, otherwise known as a call for bids or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been previously assessed for suitability by means of a supplier questionnaire (SQ) or pre-qualification questionnaire (PQQ). The term "notice inviting tenders" (NIT) is often used in purchasing in India. An ITT differs from a request for quotation (RFQ) or a request for proposal (RFP), in which case other reasons (technology used, quality) might cause or allow choice of the second best offer. An RFP is a request for a price from a buyer but the buyer would also expect suggestions and ideas on how the project work should be done. RFPs are thus focused on more than just pricing/cost, they entail a bit of consulting from the contractor or vendor. The closest equi ...
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