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BusinessProject Management

Procurement Planning (PMI - PMP)

Project Management Professional Certification Program (PMI-PMP)
Rating: 4.8 out of 54.8 (82 ratings)
8,439 students
Created by Sorin Dumitrascu
Last updated 10/2020
English
English

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.

Instructor

Sorin Dumitrascu
Management trainer
Sorin Dumitrascu
  • 4.5 Instructor Rating
  • 32,430 Reviews
  • 288,142 Students
  • 151 Courses

Sorin Dumitrascu is a man with many talents and a passion for helping others grow and develop. He has been involved in the development and delivery of courses on management, computer literacy, human resources, career development, and more for over 15 years.

Sorin is also a certified trainer and project manager, with a master's degree in International Relations and Policy Making as well as a bachelor's degree in Law and Public Administration. He has coordinated projects in the areas of rule of law, regional development, and human resources for over a decade.

Sorin has an extensive background in civil service, private sector and NGO work. He has more than 15 years of managerial experience in justice, corrections, internal affairs, training, project management and consultancy within the private sector and NGO.

Additionally, he is certified as an ICDL tester and trainer for United Nations Peacekeeping Missions and holds a professional degree in public management.

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