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Name: University: Course: Tutor: Date: Research Paper Introduction There is a direct link between project management and purchasing and supply management as the later dictates the success of the former. Usually organizations are trying all they can to ensure that their supply chain is lean, effective and efficient. This can only be attained when project management concepts are successfully integrated to procurement, purchasing and supply management. It I worth noting that supply chain management is thought of as an active management of supply chain activities to take full advantage of customer value and realize a sustainable competitive advantage. Ideally the entire concept calls for firms to come up with better ways to effectively and efficiently manage supply chains. The major activities in supply covers issues relating to creation or development of a product, sourcing, production as well as logistics together with communication that facilitates coordination of the mentioned activities. On the other hand project management a project is a collection of tasks that is carried out by a team to meet an objective as defined by a sponsor (Luo, et al., 2009). It has a beginning and end date, a budget and risk. Every project is unique though all projects share one common characteristic which is the projection of ideas and activities into new endeavors. The unique characteristics include; clear objectives, task identification, sponsor(s), team, defined budget, risks identification and work schedule. For that matter project management is the application of knowledge, skills, items and techniques to project activities in order to meet or exceed stakeholder`s expectations. It has evolved to plan, coordinate and control the complex and diverse activities of modem industrial, commercial and management change and IT projects. All projects share one common characteristic – the projection of ideas and activities into new endeavors. The ever-present ...