Project Procurement Phases
Running head: ASSIGNMENT #1: PROJECT PROCUREMENT PROCESSES
Assignment #1: Project Procurement Processes
By
Sue Dickson
PMAN 641 – Project Procurement Management
Professor William C. Andersen
University of Maryland University College
February 15, 2013
Table of Contents Introduction 3 Plan Procurements 3 Conduct Procurements 5 Administer Procurements 6 Close Procurements 7 Conclusion 7 References 8
Assignment #1: Project Procurement Processes
Introduction
According to the Project Management Body of Knowledge (PMBOK) there are four phases in the project procurement process. The PMBOK Guide (Project Management Institute, 2008) defines these as Plan Procurements, Conduct Procurements, Administer Procurements, and Close Procurements. (p. 313) This paper will show my understanding of those project phases and how I have applied them in my personal experience managing government conferences.
Plan Procurements
The PMBOK Guide (Project Management Institute, 2008) states that “Plan Procurements is the process of documenting project purchasing decisions, specifying the approach, and identifying potential sellers.” Inputs include a baseline of the scope, documentation of the requirements, teaming agreements, a risk register, contract decisions related to risk, requirements for activity resources, the project schedule, estimates for activity costs, a baseline of cost performance, enterprise environmental factors, and the organizational process assets. These inputs will result in outputs including the procurement management plan, the statement of work for the procurement, make or buy decisions, procurement documents, criteria used for source selection, and, if necessary, change requests. (p. 55) Plan Procurements (Project Management Institute, 2008) is also where decisions are made on outside support including what kind of support will be required, the levels of outside support that are needed, how and when the support should be acquired.
Assignment #1: Project Procurement Processes
By
Sue Dickson
PMAN 641 – Project Procurement Management
Professor William C. Andersen
University of Maryland University College
February 15, 2013
Table of Contents Introduction 3 Plan Procurements 3 Conduct Procurements 5 Administer Procurements 6 Close Procurements 7 Conclusion 7 References 8
Assignment #1: Project Procurement Processes
Introduction
According to the Project Management Body of Knowledge (PMBOK) there are four phases in the project procurement process. The PMBOK Guide (Project Management Institute, 2008) defines these as Plan Procurements, Conduct Procurements, Administer Procurements, and Close Procurements. (p. 313) This paper will show my understanding of those project phases and how I have applied them in my personal experience managing government conferences.
Plan Procurements
The PMBOK Guide (Project Management Institute, 2008) states that “Plan Procurements is the process of documenting project purchasing decisions, specifying the approach, and identifying potential sellers.” Inputs include a baseline of the scope, documentation of the requirements, teaming agreements, a risk register, contract decisions related to risk, requirements for activity resources, the project schedule, estimates for activity costs, a baseline of cost performance, enterprise environmental factors, and the organizational process assets. These inputs will result in outputs including the procurement management plan, the statement of work for the procurement, make or buy decisions, procurement documents, criteria used for source selection, and, if necessary, change requests. (p. 55) Plan Procurements (Project Management Institute, 2008) is also where decisions are made on outside support including what kind of support will be required, the levels of outside support that are needed, how and when the support should be acquired.
References: Project Management Institute. (2008). A Guide to the Project Management Body of Knowledge 4th Edition. Newton Square, Pennsylvania: Project Management Institute.