Skillogic Knowledge Solutions is top training institute for PMP Certifications. They are providing both Classroom & Online training classes. If you are looking for PMP Training in Delhi visit: http://in.skillogic.com/pmp-training/pmp-certification-delhi/

1. PMI Project Management
Professional (PMP)® Workshop

2. Project Procurement Management
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3. Project Procurement Management
Integration
Scope
Time
Cost
Quality
Human Resource
Communications
Risk
Procurement
Stakeholder
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4. Project Procurement Management
Plan Procurement Management
Conduct Procurements
Control Procurements
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5. Plan Procurement Management
 This is a process of documenting procurement decisions,
identifying potential sellers and coming up with an approach.
 Key benefit is that
 It determines whether to acquire support from outside
 What to acquire
 How to acquire
 When to acquire
etc.
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6. Plan Procurement ManagementInputs
• Project
management plan
• Requirements
documentation
• Risk register
• Activity resource
requirements
• Project schedule
• Activity cost
estimates
• Stakeholder
register
• Enterprise
environmental
factors
• Organizational
process assets
Tools&Techniques
• Make-or-buy
analysis
• Expert judgment
• Market research
• Meetings
Outputs
• Procurement
management plan
• Procurement
statement of work
• Procurement
documents
• Source selection
criteria
• Make-or-buy
decisions
• Change requests
• Project documents
updates
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7. Plan Procurement Management - Inputs
 Project management plan
 Requirements documentation
 Risk register
 Activity resource requirements
 Project schedule
 Activity cost estimates
 Stakeholder register
 Enterprise environmental factors
 Organizational process assets
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8. Contract Types
Contract Types
Fixed Price Time & Material
FFP FPIF FP-EPA
Cost
Reimbursement
CPFF CPIF CPAF CPF/CPPC
Buyer - 0% Risk
Seller - 100% Risk
Buyer - 100% Risk
Seller - 0% Risk
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9. Contract Types - abbreviations
 Fixed Price Contracts
 FFP – Firm Fixed Price
 FPIF – Fixed price incentive fee
 FP-EPA – Fixed price with economic price adjustments
 Cost reimbursable Contracts
 CPFF – Cost plus Fixed Fee
 CPIF – Cost plus Incentive Fee
 CPAF – Cost plus Award Fee
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10. © 2017 Skillogic Knowledge Solutions. All Rights Reserved10
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If you are looking for PMP Training in Delhi visit:
http://in.skillogic.com/pmp-training/pmp-certification-delhi/
Skillogic – PMP Certification Training