90. PMP Tutorial | difference between centralised vs decentralised project procurement methods 

Let's look into the advantages and disadvantages of both centralised and decentralised procurement management in project management as per PMI PMP PMBOK guidance.
First we will see about the centralised procurement.
in centralised procurement, Single contract manager handles multiple projects
The advantages are,
Increased expertise in contracting
Standardized company practices
On the other hand, the disadvantage of centralised procurement is,
Difficulty to get contracting help from the contract manager as the person may be busy on multiple projects
Now, we will see the decentralised procurement.
In decentralised procurement, A contract manager is assigned to a project full time
The advantages of decentralised procurement are,
More loyalty to the project
Easier access to contracting experience
The disadvantages are,
Duplication of expertise
Less standardization of contracting practices from one project to another