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Difference Diagram: Procurement vs Procurement Methods
Aspect
Procurement
Procurement Methods
Meaning
The overall process of acquiring goods, services, or works.
The specific approach or system used to carry out procurement.
Focus
What needs to be obtained and managing the whole process.
How the goods, services, or works will be obtained.
Scope
Broad – covers planning, sourcing, negotiation, purchase, and supplier management.
Narrower – focuses on the procedure or contract strategy used.
Examples
Buying construction materials, hiring contractors, outsourcing services.
Traditional (Design–Bid–Build), Design and Build, Partnering, E-Procurement.
Purpose
To ensure the right goods/services are obtained at the right cost, quality, and time.
To choose the most suitable way to acquire and deliver goods/services.

AMMU

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