Procurement for Project Managers

A strategic make-or-buy decision can critically impact a project’s bottom line. You will learn to formulate the make-or-buy decision, prepare an effective procurement management plan, and use outsourcing for maximum benefit. The four project procurement management processes will provide step-by-step guidelines for working with proposals, contracts, and sellers. You will also learn best practices from negotiating theory.

Learning Objectives

• Conduct a make-or-buy analysis
• Prepare a procurement management plan
• Recommend specific contract types
• Perform a proposal evaluation
• Work effectively in contract negotiation
• Manage seller performance
• Recognize what must be done for contract closure
• Develop lessons learned

Course Topics Procurement Management Overview

• Project Procurement Management
• Projects and Contracts
• Project Procurement Processes

Plan Procurement Management

• Plan Procurement Management Process
• Plan Procurement Management: Inputs
• Plan Procurement Management: Tools and Techniques
• Plan Procurement Management: Outputs

Conduct Procurements

• Conduct Procurement
• Conduct Procurements: Inputs
• Conduct Procurements: Tools and Techniques
• Conduct Procurements: Outputs

Control Procurements

• Control Procurements
• Control Procurements: Inputs
• Control Procurements: Tools and Techniques
• Control Procurements: Outputs

Closing Procurements

• Closing Procurements Overview
• Claims Administration
• Closed Procurement