Friday, December 18, 2009

What is Procurement Management Plan in PMP?

Procurement Management Plan:
  • may be formal or informal
  • should specify the types of contracts
  • should obtain and evaluate bids
  • should manage multiple providers
  • should state procurement activities


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Casey Dale said...

Procurement management helps you identify a suitable supplier or a contractor to get or lease goods or services. These days, procurement management is a necessity of organizations, and everyone must deal with it at some point in their business life.

Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)