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Project Procurement Management
Learn the best practices for project procurement managementPreview the first lesson free — get full access to all 11 lessons.
Essential Provider : Eddie Merla 4 chapters · 11 Lessons · 42m in Arabic, English, Spanish
Course Description
Project procurement management is essential for projects that require the acquisition of goods or services external to the project. It provides the structure for more effectively managing procurement decisions and enhancing the quality of the project. Project managers will often need to leverage resources that are external to the team or organization. It’s important to ensure that the project’s needs are met during the procurement process, starting with the identification of a need to awarding the contract. Once a contract has been awarded, project managers monitor the performance of the contract and eventually close it. Navigating the organization’s procurement processes can be tricky. So where do you begin? What do you need to know?
In this Project Procurement Management course, you will be provided with an overview of procurement management and an introduction to various contract types. You will learn about conduct and control procurements, including their inputs, outputs, and techniques.
What You'll Learn
- Define project procurement management and explain why it is important
- Understand the various types of contracts and the rationale for using each
- Plan for effective procurement management on a project
- Conduct procurements, including their inputs, tools and techniques, and outputs
- Control procurements, including their inputs, tools and techniques, and outputs
- Evaluate, manage, and close contracts
Key Takeaways
- Project procurement management is essential for projects that require the acquisition of goods or services external to the project.
- It provides the structure for more effectively managing procurement decisions and enhancing the quality of the project.
- The procurement process starts with the identification of a need and continues through awarding the contract.
- Once a contract has been awarded, project managers monitor the performance of the contract and eventually close it.
- The course provides an overview of procurement management, an introduction to various contract types, and covers conducting and controlling procurements.
Frequently Asked Questions
Who is this course for?
It is for project managers who often need to leverage resources external to the team or organization and must navigate their organization's procurement processes.
What does this course cover?
It provides an overview of procurement management and an introduction to various contract types, and teaches conduct and control procurements, including their inputs, outputs, and techniques.
What skills will I gain from this course?
The course covers skills including contract management, engineering procurement and construction management, procurement, procurement management, project management, and purchasing management.
What topics are included in the lessons?
Lessons cover what project procurement management is, contract types, evaluating, managing, and closing contracts, planning procurement management, and the inputs, tools and techniques, and outputs of conducting and controlling procurement.
Professional Certifications and Continuing Education Units (CEUs)
Project Management Institute (PMI®)
Professional Development Units (PDUs): 0.75
KnowledgeCity has been reviewed and approved by the PMI® Authorized Training Partner Program. Users can maintain your PMI credentials by earning PDUs from KnowledgeCity qualified courses in Project Management, Business Management, Leadership and many others.
