Procurement Planning (PMI - PMP)
4.5 (21 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
5,974 students enrolled

Procurement Planning (PMI - PMP)

Project Management Professional Certification Program (PMI-PMP)
New
4.5 (21 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
5,974 students enrolled
Created by Sorin Dumitrascu
Last updated 7/2020
English
English
Current price: $16.99 Original price: $24.99 Discount: 32% off
23 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 2 hours on-demand video
  • 6 articles
  • 32 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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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
Expand 22 lectures 01:52:09
+ Procurement Planning (PMI - PMP)
22 lectures 01:52:08

In this course, we're going to look at the plan procurement management process.

Preview 01:46

The Project Management Professional Certification Course (PMI-PMP) includes a number of 28 sections covering the most relevant information in the Project Management Body of Knowledge (PMBOK6) developed by the Project Management Institute (PMI).

Preview 09:21

The Project Management Professional Certification Course (PMI-PMP) includes a number of 28 sections covering the most relevant information in the Project Management Body of Knowledge (PMBOK6) developed by the Project Management Institute (PMI).

Preview 11:08

Some guidelines to improve your Udemy learning experience.

Preview 03:22

Project Management Process Group and Knowledge Area Mapping

Project Management Process Group and Knowledge Area Mapping
00:12

Project Procurement Management Overview

Project Procurement Management Overview
00:20

After completing this topic, you should be able to label individuals in a scenario as either buyer or sellers

Buyers and Sellers in Procurement Management
07:03

After completing this topic, you should be able to determine whether a given contract term will reduce the risk for the buyer or for the seller

Introduction to Contracts
05:07

Plan Procurement Management: Inputs, Tools & Techniques, and Outputs

Plan Procurement Management: Inputs, Tools & Techniques, and Outputs
00:23

After completing this topic, you should be able to recognize the inputs to the Plan Procurement Management process

Inputs to Plan Procurement Management
07:30

After completing this topic, you should be able to identify types of fixed-price contracts

Fixed-price Contracts
07:11

After completing this topic, you should be able to classify agreements as either cost-reimbursable or time-and-materials contracts

Cost-reimbursable and Time-and-materials Contracts
06:57

After completing this topic, you should be able to identify the tools and techniques used to plan procurement management

Tools and Techniques of Plan Procurement Management
04:03

After completing this topic, you should be able to recognize activities in a make-or-buy analysis

Make-or-buy Analysis
06:31

After completing this topic, you should be able to perform a make-or-buy analysis and determine the breakeven point

Performing a Make-or-buy Analysis
07:34

Comparison of Procurement Documentation

Comparison of Procurement Documentation
00:16

After completing this topic, you should be able to identify outputs of the Plan Procurement Management process

Outputs of Plan Procurement Management
06:38

After completing this topic, you should be able to recognize examples of documents used in solicitation and procurement activities with prospective vendors

Bid and Procurement Documents
06:19

After completing this topic, you should be able to demonstrate your understanding of the Plan Procurement Management process

Exercise: Planning Procurement Management
17:54

Course Project (optional)

Course Project (optional)
00:36

In this course, we're going to look at the plan procurement management process.

Procurement Planning (PMI - PMP)
01:51

In this course, we're going to look at the plan procurement management process.

Procurement Planning (PMI - PMP)
16 questions

PMI Certification Info

PMI Certification Info
00:04