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Procurement Planning (PMBOK® Guide Sixth Edition)


Overview/Description
Target Audience
Prerequisites
Expected Duration
Lesson Objectives
Course Number
Expertise Level



Overview/Description
This course covers the Plan Procurement Management project management process. This course will assist learners in preparing for the PMI® PMP® certification exam. PMBOK, PMI, PMP, CAPM are registered trademarks of the Project Management Institute, Inc.

Target Audience
Existing project managers pursuing certification in recognition of their skills and experience; individuals training to become accredited project managers

Prerequisites
None

Expected Duration (hours)
1.2

Lesson Objectives

Procurement Planning (PMBOK® Guide Sixth Edition)

  • 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
  • Course Number:
    apj_25_a01_bs_enus

    Expertise Level
    Intermediate

    PMBOK, PMI, PMP, CAPM, and PMI-ACP are trademarks of the Project Management Institute, Inc.