Procurement Management Planning

In Procurement Management Planning, we plan how we will go about procuring every resource, human or material, that we’ll need to contract for in order to complete the project. We also specify the kinds contract we will use and may even draft them before we select the Vendor. If we’re asking contractors and suppliers to submit bids we identify the selection criteria we will use before the request for proposal or even sent out. This kind of detail planting protects the procurement process from the unethical and even illegal things that can happen during the procurement process. If the criteria for selecting the winning vendor is established early, it’s very difficult for people of the organization to try and change those criteria to the benefit of a friend or acquaintance.  Similarly we didn’t five the skill sets in the people we’ll be on the project team.  With all of these decisions made before we begin to execute the project plan we are much more efficient and have better making decisions on the fly as we purchase things.

This is a lecture video on Procurement Management planning by Dick Billows, PMP. The is also a Project Manager in Action Video written and produced by Dick that shows you have Project manager project sponsor and team working to develop their procurement management planning. You’ll see them negotiate with vendors and acquire people for the team from other departments in the organization.

Lecture Video

    Project Manager in Action Video

    LECTURE Develop Project Management Plan

    The project management plan includes all the management plans for each of the knowledge areas.  It tells us how we will manage the project.

    This is a lecture video on Develop Project Management Plan, from the Planning Process Group and the second process in the Integration Knowledge Area.

    Lecture Video

      Project Manager in Action Video

      LECTURE Identify Risks

      In this process the project manager works with the stakeholders to identify the risks to the project, both positive and negative.

      This is a lecture video on Identify Risks, from the Planning Process Group and the second process in the Risk Knowledge Area.

      Lecture Video

        Project Manager in Action Video

        LECTURE Conduct Procurements

        Following our procurement management plan, we receive and evaluate bids from potential sellers in this process.  We also produce any signed contracts/agreements.

        This is a lecture video on Conduct Procurements, from the Executing Process Group and the second process in the Procurement Knowledge Area.

        Lecture Video

          Project Manager in Action Video

           

          Project Manager in Action Video

            LECTURE Determine Budget

            This process directly follows Estimate Costs and the project manager creates the time-phased budget for the project, rolling up the cost for each activity.  We also create the cost baseline.

            This is a lecture video on Determine Budget, from the Planning Process Group and the third process in the Cost Knowledge Area.

            Lecture Video

              Project Manager in Action Video

              LECTURE Manage Communications

              In this process, the project manager gathers and distributes information to all the project stakeholders, following the process laid out in the communications management plan.

              This is a lecture video on Manage Communications, from the Executing Process Group and the second process in the Communications Knowledge Area.

              Lecture Video

                Project Manager in Action Video

                LECTURE Close Project

                This is the last process, where we produce all the final documentation and lessons learned upon the completion of the project.

                This is a lecture video on Close Project, from the Closing Process Group and the sixth process in the Integration Knowledge Area.

                Lecture Video

                  Project Manager in Action Video