Monitor and control the supplier agreement management process against the plan for performing the process and take appropriate corrective action.
Elaboration:
Examples of measures and work products used in monitoring and controlling include the following:
· Number of changes made to the requirements for the supplier
· Cost and schedule variance per supplier agreement
· Number of supplier work product evaluations completed (planned versus actuals)
· Number of supplier process evaluations completed (planned versus actuals)
· Schedule for selecting a supplier and establishing an agreement