Procurement Planning (PMI - PMP)
Project Management Professional Certification Program (PMI-PMP)
What you will learn
Label individuals in a scenario as either buyer or sellers
Determine whether a given contract term will reduce the risk for the buyer or for the seller
Recognize the inputs to the Plan Procurement Management process
Identify types of fixed-price contracts
Classify agreements as either cost-reimbursable or time-and-materials contracts
Identify the tools and techniques used to plan procurement management
Recognize activities in a make-or-buy analysis
Perform a make-or-buy analysis and determine the breakeven point
Identify outputs of the Plan Procurement Management process
Recognize examples of documents used in solicitation and procurement activities with prospective vendors
Demonstrate your understanding of the Plan Procurement Management process
Description
The Procurement Planning (PMI - PMP) is course 25 of 28 of the Project Management Professional Certification Program (PMI-PMP).
Procurement management may not be the most flashy of all the project management knowledge areas, but it's still pretty important. Procurement is all about obtaining the goods and services that you'll need for your project.
From purchasing raw materials, to contracting out specialties services you need to make sure the goods you buy are good quality. That they arrive when you need them.
And that you maintain good relationships with your suppliers. In this course, we're going to look at the plan procurement management process.
1. Buyers and Sellers in Procurement Management
2. Introduction to Contracts
3. Inputs to Plan Procurement Management
4. Fixed-price Contracts
5. Cost-reimbursable and Time-and-materials Contracts
6. Tools and Techniques of Plan Procurement Management
7. Make-or-buy Analysis
8. Performing a Make-or-buy Analysis
9. Outputs of Plan Procurement Management
10. Bid and Procurement Documents
11. Exercise: Planning Procurement Management
Procurement planning is a crucial part of any major project. Careful attention during this stage can help ensure a smooth and successful project outcome. Whether you're working on a construction project, a software launch, or a business initiative, understanding the processes in this course will set you up to make informed procurement decisions and build strong vendor relationships.
That’s it! Now go ahead and push that “Take this course” button, and see you on the inside!
Content
Procurement Planning (PMI - PMP)
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