Procurement Planning (PMI – PMP)
Project Management Professional Certification Program (PMI-PMP)
What you’ll learn
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Label individuals in a scenario as either buyer or sellers
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Determine whether a given contract term will reduce the risk for the buyer or for the seller
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Recognize the inputs to the Plan Procurement Management process
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Identify types of fixed-price contracts
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Classify agreements as either cost-reimbursable or time-and-materials contracts
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Identify the tools and techniques used to plan procurement management
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Recognize activities in a make-or-buy analysis
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Perform a make-or-buy analysis and determine the breakeven point
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Identify outputs of the Plan Procurement Management process
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Recognize examples of documents used in solicitation and procurement activities with prospective vendors
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Demonstrate your understanding of the Plan Procurement Management process
Requirements
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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.
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Part of the Project Management Professional Certification Course (PMI-PMP)
Who this course is for:
- 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.