Project Procurement Management - Definition, Processes, Templates
You find hereafter the definition and the processes involved in Project Procurement Management (PMBOK®) and free downloadable templates further down on this page. I developed the templates over time from real life documents.
A solid Project Procurement Management Plan is very important component of the Project Management Plan. It describes how a team will acquire goods and services from outside of the performing organization.
Definition of Project Procurement Management (PMI™)
Project Procurement Management are the processes necessary to purchase or acquire products, services, or results needed from outside the project team to execute a project. (PMBOK® Guide)
Project Procurement Management Processes (PMI™)
Plan Procurement Management
- Plan procurement management is the process of documenting project procurement decisions, specifying the approach, and identifying potential sellers.
- Conduct procurement is the process of obtaining seller responses, selecting sellers, and awarding contracts.
- ... is the process of managing procurement relationships, monitoring contract performance, making changes and corrections as appropriate, and closing out contracts.