Planning Project Procurement and Requesting Seller Responses


Overview/Description
Target Audience
Expected Duration
Lesson Objectives
Course Number


Overview/Description
If project success is to be achieved, products, services, or results often must be purchased or acquired from elsewhere within, or outside of, the organization. This process of acquisition and purchasing is Project Procurement Management, and it is a critical aspect of any project. As you advance in this course, you will gain an understanding of what processes are involved in Project Procurement Management, and how these processes interact with the overall project life cycle. You will also obtain the skills and knowledge required to enable you to: plan purchases and acquisitions, document contractual requirements, identify potential sellers, and get the relevant information, quotations, and proposals from potential sellers--all vital processes that ensure that you are able to procure the products, services, or results that will enable you to achieve project success. This course is aligned with "A Guide to the Project Management Body of Knowledge" (PMBOK® Guide) - Third Edition, published by the Project Management Institute (PMI®), Inc., 2004. Copyright and all rights reserved. Material from this publication has been reproduced with the permission of PMI®.

Target Audience
Project managers who are seeking to further their project management skills to more advanced levels, and project managers who are preparing for PMI® Project Management Professional (PMP) certification or need to fulfill continuing education requirements for maintaining PMP status

Expected Duration (hours)
2.5

Lesson Objectives

Introduction to Project Procurement Management

  • recognize why Project Procurement Management is important.
  • match the Project Procurement Management processes with their descriptions.
  • match the Project Process Groups with the Project Procurement Management processes that take place within them.

    • Plan Purchases and Acquisitions

  • recognize the benefits of planning purchases and acquisitions.
  • match the inputs to the Plan Purchases and Acquisitions process with examples of how they are used.
  • match the tools and techniques used for planning purchases and acquisitions with descriptions of their use.
  • distinguish among examples of contract types.
  • match the outputs of the Plan Purchases and Acquisitions process with examples of how they are used.

    • Plan Contracting

  • identify the reasons why the Plan Contracting process is important for managing project procurement.
  • match the inputs to the Plan Contracting process with examples of how they are used.
  • match the tools and techniques used for planning contracting with examples.
  • match each output of the Plan Contracting Process with a description of its purpose.

    • Request Seller Responses

  • recognize why it's important to request seller responses.
  • match the inputs to the Request Seller Responses process with examples of how they are used.
  • match the tools and techniques for requesting seller responses with examples.
  • match each of the outputs of the Request Seller Responses process with a description of its use.

    • Course Number:
    PROJ0601