Procurement Planning (PMI – PMP)

Project Management Professional Certification Program (PMI-PMP)

What you’ll learn

Label individuals in a scenario as either buyer or sellers
Determine whether a given contract term will reduce the risk for the buyer or for the seller
Recognize the inputs to the Plan Procurement Management process
Identify types of fixed-price contracts
Classify agreements as either cost-reimbursable or time-and-materials contracts
Identify the tools and techniques used to plan procurement management
Recognize activities in a make-or-buy analysis
Perform a make-or-buy analysis and determine the breakeven point
Identify outputs of the Plan Procurement Management process
Recognize examples of documents used in solicitation and procurement activities with prospective vendors
Demonstrate your understanding of the Plan Procurement Management process

No special requirements or prerequisites are needed to take this course, but some extra reading about projects, project management, project life cycle, organizational project management, project scope, project schedule, project costs, project quality, project human resources and project communications will help.
Part of the Project Management Professional Certification Course (PMI-PMP)

Leaders, managers, entrepreneurs, professionals and project workers with or without formal project management training will improve project management skills and knowledge and will be ready to stand for formal certification.