Procurement Management
Acquiring goods and services needed for a project
Procurement Management involves acquiring the goods and services needed for a project, ensuring that they meet the project's quality standards, and managing the procurement process, including managing contracts and vendor relationships.
Concepts covered: Control Procurements, Close Procurements, Conduct Procurements, Contract Types, Contract Administration, Plan Procurement Management, Procurement Risks and Contingencies, Procurement Strategy, Procurement Documents, Supplier Evaluation
Time: 5 minutes Questions: 5
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