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PMP® Project Management Professional Lab Manual by Joseph Phillips

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12Managing Project Procurement

LAB EXERCISES

12.01 Planning the Project Procurements

12.02 Purchasing Project Resources

12.03 Administering the Project Procurements

12.04 Closing the Project Procurements

When project managers need materials, facilities, resources, and services for their project, they have to procure these things from vendors. Project procurement management is the complete cycle of procurement. Not every project will need to purchase things, but for your PMP examination you’ll need to be familiar with the four procurement process details. Many project managers don’t actually do the hands-on procurement activities, so this topic can prove more challenging for them.

Also keep in mind that in some cases the project manager could ...

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