Project life cycle has four phases namely, (i) Initiation phase,
(ii) Planning/Design Phase (Work Breakdown Structure), (iii)
Execution/Control Phase and (iv) Closing Phase. Among these for
phases when does project purchasing process take place?
For example if ABC railway company gives a tender to construct a
bridge, then
1. When (in which phase) project agreement (purchase) will be
sanctioned with DEF construction company?
2. In which phase project identification and selection is made?
3. In which phase statement of work and project appraisal (for
proposed project) is done?