Discover what the minimum prerequisites are in order to get the most from this course. Also, familiarize yourself with common terms and definitions.
- Project procurement management. When you initially think of it, what comes to mind? Do you envision it being all about buying what you need on your project? Or maybe you think that there's more to it. Although you might not be familiar with all of the terms and contractual language, the overall concept of procurement management has a lot of similarities to project management. For example, you need to plan, conduct, and control them, just like you would on a project. But before we get into the fundamentals of managing procurements, it would be helpful if you have a working knowledge of project management, and a basic understanding of contract lingo. I've included a handout with a list of common terms and definitions. Since this course is based on the project management body of knowledge, AKA the PMBOK, you should familiarize yourself with the latest version of it. This way, you'll have a better understanding of how project procurement management fits into project management as a whole. I know this might seem overwhelming at first, but trust me, you don't need to be a project management guru to take this course. Your learning curve will be steeper the earlier you are in your project management career. Just be willing to roll up your sleeves, and get comfortable being a novice at times. And don't worry, I'll be here to help you along the way.
- Describe the procurement manager’s role in the procurement process.
- Explore the essentials of good communication with vendors.
- Examine the steps in a contract change control system.
- Identify risks that might arise in a project.
- Define the purpose of a closeout meeting.