PMBOK® Guide – Sixth Edition: 24-Managing Procurement During Your Project

This Managing Procurement During Your Project course serves as a fundamental introduction to project procurements processing. It covers the process inputs relevant to managing procurements, conducting procurements, controlling procurement activities and closing procurement work within a project. It also covers techniques for selecting sellers that will participate in project activities. It shows how a project manager can develop a pool of prospective sellers and illustrate activities based on procurement scenarios. The course covers such procurement tools and techniques as bitter conferences, proposal evaluations, independent estimates, advertising and negotiation. The course also covers details pertaining to procurement documentation and artifacts such as contracts between buyers and sellers that will be used to acquire both resources and raw materials to develop components of a project. Equally important to the contractual agreement and type of agreement that a project team would enter into, is the administration of the contract once the agreement has been reviewed, finalized and approved. At the end of this course, the student will have a comprehensive foundation in managing procurement activities that pertain to project management – the process inputs, tools and techniques and process outputs that comprise the Conduct Procurements process.

Materials in this class are based on the text, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide)