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PMP: 25-Planning Procurement for Your Project

LearnSmart LLC, Smarter Training. Never Open a Text

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13 Videos (1h 21m)
    • Background

      2:37
    • Course Content

      2:44
    • Course Objectives

      2:11
    • Introduction to Project Procurement

      11:53
    • Procurement Management and Process Groups

      7:51
    • Takeaways

      1:19
    • Gathering Procurement Information

      13:07
    • Make or Buy Analysis

      8:50
    • Takeaways

      1:23
    • Contract Types

      13:32
    • Outputs from Planning Procurements

      11:01
    • Summary

      2:44
    • Takeaways

      1:32

About This Class

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As a project manager, your role will be to facilitate, or you might even say orchestrate, all activities that pertain to developing the product of a project. In doing so, you'll be gathering information, communicating with stakeholders and developing plans that the project team will use throughout the project lifecycle. Part of those plans and directions pertain to the purchase of goods and services needed within the project.

This is the Project Procurement Management knowledge area. Within this course, you will learn the definition of procurement and the value of procurement processes to project activities. You will also cover procurement contracts to understand the different types of contracts that exist; why there are different types of contracts, and who benefits by the stipulations inherent to a specific type of contract. Upon completion of this course, the student will be well-versed in the definition of procurement as it pertains to project management along with the plan procurement management processes identified within the Project Procurement Management knowledge area.

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LearnSmart LLC

Smarter Training. Never Open a Text

LearnSmart has served the learning community with high-quality professional skills and IT certification training since 1997. In that time, the company has helped thousands earn career-related certifications from respected vendors, such as Project Management Institute (PMI), Cisco, Microsoft, CompTIA, Oracle, and EC-Council. LearnSmart offers over 1,000 courses covering IT, project management, administrative, HR, and workplace safety topics. With a rapidly growing clientele of individuals and ...

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