• Why procurement is important for projects?
  • Procurement management lifecycle
  • Project manager’s   procurement   management responsibilities
  • Plan procurement management process
  • Centralized vs. decentralized procurement organizations
  • Make or buy analysis
  • Major types of contracts – including FFP, cost plus, T&M and their variations
  • Risks associated with various types of contracts
  • Importance of procurement management plan
  • Creating procurement SOW and procurement documents
  • Conduct procurements process
  • Various types of procurement documents – including RFP, RFQ, IB etc.
  • Source selection criteria to analyze vendor responses
  • Source selection process
  • Application of    screening    and    weighting    systems    in procurements selection
  • Use of independent estimates
  • Contract negotiations process
  • Multiple negotiation tactics
  • Contracts – their legal implications
  • Control procurements process
  • Contract change – how to manage them more effectively
  • Dispute management processes
  • Contract documentation file
  • Discharge of contracts
  • Close procurements process
  • Quiz – project procurement management