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Just as a journey of a thousand miles begins with a single step, achieving the best resolution to business problems often begins with identifying the right software solution and the vendor that can provide that product.

Resolving the issue means placing a project under the direction of a project manager or, in some cases, a project management office (PMO). But does project management embrace that first step of finding the right vendor/partner?

Vendor management to be part of the project management focus for businesses, asserts Frank Schettini, vice president of IT for the Project Management Institute. PMI’s Project Management Book of Knowledge discusses two primary points: actively managing vendor relationships, and imbedding project management throughout the whole vendor life cycle.

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