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Project Procurement Management Video- PMP/CAPM

Project Procurement Management

Project Prourement Management Processes
To Project Procurement Management Blog

Project Procurement Management is a knowledge area where you would be using all skills that you haveย learned in other 9 knowledge areas.ย  The Project Procurement Management processes deal with purchasing goods or services from vendors, contractors, suppliers, and others outside the project team. When we see the Procurement through the lenses of PMI, the sellers are external to the project team and we switch the job as Buyer and the customer to the seller. It is to understand that procurement is not your responsibility, but you will work closely with the Procurement team of your organization. it is also important to recognize your role within the organization in the procurement process as it may differ from organisation to organization and with the complexity of the procurement.

Project Procurement Management Processes

Plan Procurement Management (Planning)

Inputs Tools and Techniques Outputs
  • Project charter
  • Business documents
    • Business case
    • Benefits management plan
  • Project management plan
    • Scope management plan
    • Quality management plan
    • Resource management plan
    • Scope baseline
  • Project documents
    • Milestone list
    • Project team assignments
    • Requirements documentation
    • Requirements traceability matrix
    • Resource requirements
    • Risk register
    • Stakeholder register
  • Enterprise environmental factors
  • Organizational process assets
  • Expert judgment
  • Data gathering
    • Market research
  • Data analysis
    • Make-or-buy analysis
  • Source selection analysis
  • Meetings
  • Procurement management plan
  • Procurement strategy
  • Bid documents
  • Procurement statement of work
  • Source selection criteria
  • Make-or-buy decisions
  • Independent cost estimates
  • Change requests
  • Project documents updates
    • Lessons learned register
    • Milestone list
    • Requirements documentation
    • Requirements traceability matrix
    • Risk register
    • Stakeholder register
  • Organizational process assets updates

 

Conduct Procurement (Execution)

Inputs Tools and Techniques Outputs
  • Project management plan
    • Scope management plan
    • Requirements management plan
    • Communications management plan
    • Risk management plan
    • Procurement management plan
    • Configuration management plan
    • Cost baseline
  • Project documents
    • Lessons learned register
    • Project schedule
    • Requirements documentation
    • Risk register
    • Stakeholder register
  • Procurement documentation
  • Seller proposals
  • Enterprise environmental factors
  • Organizational process assets
  • Expert judgment
  • Advertising
  • Bidder conferences
  • Data analysis
    • Proposal evaluation
  • Interpersonal and team skills
    • Negotiation
  • Selected sellers
  • Agreements
  • Change requests
  • Project management plan updates
    • Requirements management plan
    • Quality management plan
    • Communications management plan
    • Risk management plan
    • Procurement management plan
    • Scope baseline
    • Schedule baseline
    • Cost baseline
  • Project documents updates
    • Lessons learned register
    • Requirements documentation
    • Requirements traceability matrix
    • Resource calendars
    • Risk register
    • Stakeholder register
  • Organizational process assets updates

 

Control Procurement (Monitoring and Controlling)

Inputs Tools and Techniques Outputs
  • Project management plan
    • Requirements management plan
    • Risk management plan
    • Procurement management plan
    • Change management plan
    • Schedule baseline
  • Project documents
    • Assumption log
    • Lessons learned register
    • Milestone list
    • Quality reports
    • Requirements documentation
    • Requirements traceability matrix
    • Risk register
    • Stakeholder register
  • Agreements
  • Procurement documentation
  • Approved change requests
  • Work performance data
  • Enterprise environmental factors
  • Organizational process assets
  • Expert judgment
  • Claims administration
  • Data analysis
    • Performance reviews
    • Earned value analysis
    • Trend analysis
  • Inspection
  • Audits
  • Closed procurements
  • Work performance information
  • Procurement documentation updates
  • Change requests
  • Project management plan updates
    • Risk management plan
    • Procurement management plan
    • Schedule baseline
    • Cost baseline
  • Project documents updates
    • Lessons learned register
    • Resource requirements
    • Requirements traceability matrix
    • Risk register
    • Stakeholder register
  • Organizational process assets updates

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