Project Procurement Management

(Level of difficulty: 8 / 10)

 

- difficult topic if you don’t really have the real life experience

 

Project Integration Management Processes	Process Group
Plan Purchases and Acquisitions	Planning
Plan Contracting	Planning
Request Seller Responses	Planning
Select Sellers	Planning
Contract Administration	Monitoring and Controlling
Contract Closure	Closing

Plan Purchases and Acquisitions

	When, Where, Who and How to purchase
	Make or Buy Analysis
	Types of Contract:             - Fixed Price or Lump Sum             - Cost Reimbursable:               Cost Plus Fee, Cost Plus Fixed Fee & Cost Plus Incentive Fee             - Time and Material

Plan Contracting

	Procurement Documents
	Evaluation Criteria
	Contract Statement of Work

 

Request Seller Responses

	Bidder Conferences, Advertising, Qualified Sellers List
	Evaluation Criteria
	Qualified Sellers List

 

Select Sellers

	Price or Cost, Proposal, Services
	Seller Rating System
	Contract Negotiation

 

Contract Administration

	Contract Change Control System
	Procurement Management Plan
	Contract Management Plan

 

Contract Closure

	Closed Contracts
	Deliverable Acceptance
	Lessons  Learned Documentation