What are some effective strategies for managing your program vendors and partners?
Program vendors and partners are essential for the success of any complex and large-scale initiative. They provide specialized skills, resources, and solutions that complement your internal capabilities and help you achieve your program objectives. However, managing them effectively can be challenging, as you need to balance multiple expectations, contracts, and risks. In this article, we will share some effective strategies for managing your program vendors and partners, based on the best practices of program management competencies and frameworks.