PMP Certification Training - Overview of Project Procurement Management and Processes

Project procurement management involves processes to acquire necessary products or services from outside the project team. It includes negotiating and managing contracts, understanding legal obligations, and handling agreements between buyers and sellers. Key processes include planning procurement management, conducting procurements, and controlling procurements. Contracts must clearly state deliverables and terms, and organizations should have defined procurement policies.

Describe the role of a project manager in the procurement process.

What types of agreements can be considered as contracts in procurement?

Explain the importance of contracts in project procurement management.

What are the key processes involved in project procurement management?

What are the three main processes in project procurement management?