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Procurement Across the
Project Lifecycle PM03.80 |
This
class will detail the management of procurement activities
throughout the project lifecycle. The six process areas of
procurement from the PMBOK® Guide (Project Management Book
of Knowledge, Third edition) will be used to establish the
procurement framework. Then the elements needed during each
stage in the project lifecycle for procurement management
will be explored. The students will learn all aspects of the
procurement lifecycle management process including
understanding the relationship of the buyer and seller,
determining the correct contract type for each procurement
situation, selecting a seller and monitoring and controlling
the execution of the contract. These concepts are discussed
as they would be encountered across the project management
processes (manage risk, manage quality, etc.) and project
lifecycle (analysis, design, construct, etc.). This helps
the students better understand how to apply procurement
concepts and techniques across their real-life projects.
Prerequisites
Learning Objectives
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Learn the six process areas of procurement from the PMBOK®
Guide
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Discuss the basics of procurement and the buyer/seller
relationship
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Structure and plan a project with a vendor component
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Plan and execute a seller selection process
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Understand the vendor component in the remainder of the
project
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Develop procurement documents for soliciting seller requests
(e.g. RFI, RFP, RFQ)
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Monitor and control the entire project, including the vendor
work
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Understanding the contract process from creation to closure
Who Should Attend
Course Outline
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PMBOK® Guide Procurement Management Processes
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Basics of Procurement
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Define and Plan the Project (with sellers)
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Execute the Project (with sellers)
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Define and Execute Seller Selection Process
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Execute the Remainder of the Project (with sellers)
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Monitor and Control the project (with sellers)
Class Length
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