--- To enhance the value and performance of procurement and SCM practitioners and their organizations worldwide ---

1 year access to PMP 10 - Project Procurement Management

Non-Member Price:$119
Member Price:$79

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You are registering for one year of access to this Knowledge Center course, starting the date of purchase.

This course was designed as a supplemental study guide for the major content areas of Chapter 12 of A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Fifth Edition. In this course, you will consider the various aspects of the Project Procurement Management knowledge area.

This course contains video segments of project management professionals who offer advice and best practices about how to become a more effective project manager. By submitting a question via the course's Ask the Expert link, you get access to project managers who will answer your questions within 24-48 hours.

Taking advantage of online interactivity, the course contains a vocabulary game, flashcards, and other activities to help you master the material.

After completing this course, you'll be able to:

  • Define procurement within the context of a project
  • Understand the elements of the procurement management plan
  • Explain the various roles and responsibilities of buyers and sellers
  • Understand the various options for project procurement decisions: make-or-buy decisions, decisions about contract types
  • Understand the techniques that contribute to effective project procurement documents
  • Identify common criteria for selecting sellers
  • Understand the activities involved in administering procurements and ensuring that sellers are on track to complete deliverables that conform to project requirements
  • Explain the importance of negotiating for a suitable contract and ensuring that any changes to the procurement requirements are well-documented
  • Understand the circumstances under which project procurements can be closed

Remember: All Knowledge Center courses are active for one year from the date of purchase.

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