Procurement Management (PMI - PMP)

About Procurement Management (PMI - PMP)

The

Procurement Management (PMI - PMP)

is course 26 of 28 of the Project Management Professional Certification Program (PMI-PMP). Project success doesn't depend just on how well the project team performs, it also depends on the reliable delivery of required materials, products and services from external sources. This is where the procurement management processes come in. In this course, you will learn all aspects of managing the procurement of contracted goods and services. From choosing suitable vendors and managing relationships with sellers, to monitoring procurement activities, and making changes and corrections when necessary. 1. Inputs to Conduct Procurements2. Tools and Techniques to Conduct Procurements3. Outputs of Conduct Procurements4. Inputs to Control Procurements5. Controlling Project Procurements6. Outputs of Control Procurements7. Exercise: Managing and Controlling Procurements Procurement management doesn't stop once contracts are in place. Throughout the project's lifecycle, it's vital to track the progress and performance of your vendors. This ensures on-time delivery, adherence to quality standards, and allows you to proactively address any potential issues. A robust procurement management plan helps build strong supplier relationships, mitigating risks and ultimately supporting a successful project outcome. That’s it! Now go ahead and push that

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button, and see you on the inside!