Project Procurement Management
Another important set of project management executing processes are those dealing with project procurement management. We reviewed key concepts for procurement planning and solicitation planning in Chapter 5, “Project Planning—Facilitating Processes.” We will now review the important aspects of the executing processes of procurement management. The first procurement management executing process to review is solicitation.
Inputs to Solicitation
Solicitation has two inputs: procurement documents and qualified sellers lists. The procurement documents are the instruments used to request bids, proposals, or quotes from the potential sellers. Bids and quotes are used for selecting a proposal based on pricing. A proposal ...
Get PMP Exam Cram™ 2 now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
