Procurement Planning (PMI - PMP)
What you'll 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
Requirements
- No special requirements or prerequisites are needed to take this course, but some extra reading about projects, project management, project life cycle, organizational project management, project scope, project schedule, project costs, project quality, project human resources and project communications will help.
- Part of the Project Management Professional Certification Course (PMI-PMP)
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
That’s it! Now go ahead and push that “Take this course” button, and see you on the inside!
Who this course is for:
- Leaders, managers, entrepreneurs, professionals and project workers with or without formal project management training will improve project management skills and knowledge and will be ready to stand for formal certification.
Course content
- Preview01:46
- Preview09:21
- Preview11:08
- Preview03:22
- 00:12Project Management Process Group and Knowledge Area Mapping
- 00:20Project Procurement Management Overview
- 07:03Buyers and Sellers in Procurement Management
- 05:07Introduction to Contracts
- 00:23Plan Procurement Management: Inputs, Tools & Techniques, and Outputs
- 07:30Inputs to Plan Procurement Management
- 07:11Fixed-price Contracts
- 06:57Cost-reimbursable and Time-and-materials Contracts
- 04:03Tools and Techniques of Plan Procurement Management
- 06:31Make-or-buy Analysis
- 07:34Performing a Make-or-buy Analysis
- 00:16Comparison of Procurement Documentation
- 06:38Outputs of Plan Procurement Management
- 06:19Bid and Procurement Documents
- 17:54Exercise: Planning Procurement Management
- 00:36Course Project (optional)
- 01:51Procurement Planning (PMI - PMP)
- 16 questionsProcurement Planning (PMI - PMP)
- 00:04PMI Certification Info
- 00:05Bonus Lecture
Instructor
![Sorin Dumitrascu](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 4.1 Instructor Rating
- 27,272 Reviews
- 276,039 Students
- 147 Courses
Before Udemy, Sorin developed and delivered courses on management, project management, computer literacy, human resources, career development, soft skills for employees and even corrections incidents management.
Currently working as a consultant and program manager, he is a certified trainer and project manager, holding a master degree in International Relations and Policy Making and a bachelor degree in Law and Public Administration.
Sorin coordinated during the last 12 years projects in the areas of rule of law, regional development and human resources.
He has more than 12 years of middle/senior managerial experience within the civil service (justice, corrections, internal affairs, training), private sector (project management, consultancy, training) and NGO (industrial relations, rural development).
Sorin is also a certified International Computer Driving License (ICDL) tester and trainer for the United Nations Peacekeeping Missions, certified Human Resource Professional and a Public Manager (professional degree).