Project Procurement Management, PMBOK 6th Edition Michael D. Harper, Ph.D. “Project procurement management is concerned with the identification and acquisition of goods and services from outside sources.” Project Procurement Management Process Groups & Monitoring Major Processes Executing Controlling Closing Planning Initiating Plan Procurement Management 1 Conduct Procurements 2 Control Procurements 3 [Outsourcing, Subcontracting, Purchasing, Buying, 3rd Party Procurement Sourcing] Procurement Management Plan Plan Procurement Make/Buy, Contracts Management Statement of Work (SOW) Request for Proposal (RFP) Conduct Distribute and collect seller documentation Procurements Negotiate terms, select sellers, and prepare contracts. Procurement [Outsourcing, Subcontracting, Purchasing, Buying, 3rd Party Sourcing] Procurement of Material Outsourcing of Functions
Project Procurement Management, PMBOK 6th Edition Michael D. Harper, Ph.D. “Project procurement management is concerned with the identification and acquisition of goods and services from outside sources.” Project Procurement Management Process Groups Major Processes Initiating Planning Executing Monitoring & Controlling Closing Plan Procurement Management 1 Conduct Procurements 2 Control Procurements 3 Procurement [Outsourcing, Subcontracting, Purchasing, Buying, 3rd Party Sourcing] Plan Procurement Management Procurement Management Plan Make/Buy, Contracts Statement of Work (SOW) Request for Proposal (RFP) Conduct Procurements Distribute and collect seller documentation Negotiate terms, select sellers, and prepare contracts. Procurement [Outsourcing, Subcontracting, Purchasing, Buying, 3rd Party Sourcing] Procurement of Material Outsourcing of Functions