Course Information
Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
2 Hour(s) 26 Minute(s)
Language
English
Taught by
Sorin Dumitrascu
Rating
Course Overview
Project Management Professional Certification Program (PMI-PMP)
The Procurement Planning (PMI - PMP) is course 25 of 28 of the Project Management Professional Certification Program (PMI-PMP).
Procurement management may not be the most flashy of all the project management knowledge areas, but it's still pretty important. Procurement is all about obtaining the goods and services that you'll need for your project.
From purchasing raw materials, to contracting out specialties services you need to make sure the goods you buy are good quality. That they arrive when you need them.
And that you maintain good relationships with your suppliers. In this course, we're going to look at the plan procurement management process.
1. Buyers and Sellers in Procurement Management
2. Introduction to Contracts
3. Inputs to Plan Procurement Management
4. Fixed-price Contracts
5. Cost-reimbursable and Time-and-materials Contracts
6. Tools and Techniques of Plan Procurement Management
7. Make-or-buy Analysis
8. Performing a Make-or-buy Analysis
9. Outputs of Plan Procurement Management
10. Bid and Procurement Documents
11. Exercise: Planning Procurement Management
Procurement planning is a crucial part of any major project. Careful attention during this stage can help ensure a smooth and successful project outcome. Whether you're working on a construction project, a software launch, or a business initiative, understanding the processes in this course will set you up to make informed procurement decisions and build strong vendor relationships.
That’s it! Now go ahead and push that “Take this course” button, and see you on the inside!
Course Content
- 1 section(s)
- 27 lecture(s)
- Section 1 Procurement Planning (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
Skills covered in this course
Reviews
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FFilipa Pinheiro
The Procurement Planning (PMI - PMP) course is the best I've ever taken. Sorin makes it fun and easy to understand! The information from this training has given me a whole new perspective on how we can use procurement more effectively in our business.
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VVencel Szarvas
After taking the Procurement Planning (PMI - PMP) course, I have to say that Sorin is a great teacher. He has an impressive knowledge of what he teaches and his training methods are very engaging for me as someone who doesn't enjoy studying things too much in depth but wants results!
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BBoyana Vasilev
The duration of the videos in each section is just enough not to bombard the audience with too much information. I liked the examples and the detailed procedures described with step by step instructions and dynamic illustrations. I also, believe that the session empathises well enough the important parts and repeats them when necessary in order to make them easier digested. I also liked the quizzes and the summaries which help you check and refresh each chapter.
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ZZsolt Halasz
It is an amazing course, earlier I didn't have the confidence to work on UI but after this course, I have the confidence that I can build and understand a project.
