| Degree Description: |
Procurement management has become a vital project management skill, as organizations increasingly outsource all but their core competencies. Understand the significance of procurement management in the modern project management environment and the role and duties of the procurement manager on a project team in this three-day accelerated course. Learn how to establish project scope/statement of work initiatives, develop a procurement management plan to monitor both cost type or fixed price contracts, select the proper contract type, define strategic teaming agreements, evaluate and select suppliers, and track supplier performance. The content of this course is fully compliant with the Project Management Institute's Body of Knowledge (PMBOK) chapter on Project Procurement Management.
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