PMP Certification Training - Plan Procurement Management

The video tutorial covers the process of procurement management, detailing the steps involved in documenting project procurement decisions, identifying potential sellers, and determining whether to purchase goods or services. It discusses the inputs, tools, techniques, and outputs of the process, emphasizing the importance of aligning procurement strategy with the business case. The tutorial also explores various selection methods and the significance of enterprise environmental factors and organizational process assets. Finally, it outlines the documentation and changes required in the procurement management plan.

What are the outputs of the planned procurement management process?

Explain the concept of a make or buy analysis.

What role do independent estimates play in procurement?

How can organizational process assets be updated through the procurement management process?