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6 Cards in this Set
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Project Procurement Management
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12.0 - Project Procurement Management
processes necessary to purchase or acquire products, services or results needed from outside the project team. the organization can be either the buyer or seller of the products, services or results of a project [ref: PMBOK p. 313] |
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Project Procurement Management process groups
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12.1 - plan procurements
12.2 - conduct procurements 12.3 - administer procurements 12.4 - close procurements [ref: PMBOK p. 313] |
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Project Procurement Management process 12.1
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12.1 documenting project purchasing decisions, specifying the approach and identifying potential sellers
[ref: PMBOK p. 313] |
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Project Procurement Management process 12.2
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12.2 - conduct procurements
process of obtaining seller responses, selecting a seller and awarding a contract [ref: PMBOK p. 313] |
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Project Project Procurement Management process 12.3
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12.3 - administer procurements
process of managing procurement relationships, monitoring contract performance and making changes and corrections as needed [ref: PMBOK p. 313] |
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Project Procurement Management process 12.4
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12.4 - close procurements
process of completing each project procurement [ref: PMBOK p. 313] |
