PMP Exam: Procurement
December 24th, 2010
PMP exam revision guide, with a summary of the main points with which you need to be familiar before taking the PMP exam. The numbers refer to chapters in the PMBOK Guide.
PROJECT PROCUREMENT MANAGEMENT
Review of the processes involved with purchasing or acquiring products, services, or results for the project.
12.1 Plan Procurements
- Factors for Make-or-Buy Analysis
- Contract Types (FFP, FP-EPA, FPIF, CPFF, CPIF, CPAF, T&M)
- Buyer and Seller Risks
12.2 Conduct Procurements
- Bidder Conference
- Weighted-Scoring Systems
- Independent Estimates
- Procurement Negotiations and Negotiation Tactics
12.3 Administer Procurements
12.4 Close Procurements
- Early Termination of Contracts
- Formal Written Notices
- Lessons Learned Documentation