Decision Point Glossary Definition - Tradogram

Decision Point

What is a decision point in procurement? Discover its importance in guiding actions and achieving business goals.

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A decision point refers to a point in a project’s development during which key stakeholders (procurement specialists, senior managers, directing officers, etc.) review and evaluate completed work in preparation for the next phase of the project. A decision point often requires a meeting amongst decision makers and signage of approval forms before project work proceeds.

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