Procurement mgmt -PROCESS Flashcards
1
Q
Plan procurement mgmt
A
PG- Planning, KA- Procurement desc- determine, make or buy decisions and develop the procurement mgmt plan. Outputs -Procument mgmt plan -change requests
Chapter 11- long version in deck of the definition, pg 10
another output
- Independent cost estimates
2
Q
Conduct Procurement
A
PG- Executing, KA- Procurement desc- selects sellers and finalizes agreements. 3 key Outputs -Selected sellers -Agreements -Change requests
3
Q
Control Procurement
A
PG- M+C, KA- Procurement desc-monitor and control the performance of sellers. 3 key outputs -close procurements -work performance information -change requests (download-page 58)