Managing the procurement process can sometimes seem like a project all in itself as it generally involves a number of detailed and time consuming steps - from obtaining seller responses, selecting a seller, awarding a contract, to managing the procurement relationship. This is the second course in the Project Procurement Management knowledge area and covers three process - Conduct Procurements, Administer Procurements, and Close Procurements. Specifically, learners will be introduced to proposal evaluation techniques, procurement negotiations, and handling claims and disputes. The course will also cover administrative areas such as the components of a procurement documents and a contract file. Finally, tools and techniques for closing procurements will be introduced including records management and negotiated settlements. This course is aligned with A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Fourth Edition, published by the Project Management Institute (PMI®), Inc., 2008. Copyright and all rights reserved. Material from this publication has been reproduced with the permission of PMI®.
Existing project managers wishing to get certified in recognition of their skills and experience, or others who wish to train to become accredited project managers.
Expected Duration (hours)
- match inputs to conducting procurements with descriptions of how they are used
- match techniques for developing a pool of prospective sellers with situations when each should be used
- match examples of procurement techniques with the stage of procurement in which they are used
- recognize examples of the outputs of the Conduct Procurements process
- match the inputs to the Administer Procurements process with the information they provide
- recognize examples of techniques for administering on-going project procurements
- recognize examples of techniques for administering project procurements when there are changes or disputes
- match the outputs of the Administer Procurements process with examples
- recognize examples of information a project manager needs in order to close procurements
- determine the appropriate procurement closure technique to use in a given situation
- identify the types of documents that result from closing procurements