Trade-offs in Commercial Management of Orders and Contracts

This Skill Bit shows that Trade-offs are the inevitable balancing act in decision-making. It involves weighing potential benefits and drawbacks of options, often sacrificing something to gain something else. Careful analysis of trade-offs ensures well-informed choices that align with priorities and limitations.

Duration approx. 4 Min.

Tier: proficiency

A part of Building an Effective Procurement Management Plan course.