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Process Benefits Plan management Scope Management HR Management Input / Output Menu      
Process Inputs Plan execution Time Management Communications Management Input Menu      
Tools and Techniques Execute Cost Management Procurement Management Tool and Technique Menu      
Process Outputs Monitor and Control Risk Management Stakeholder Management Output Menu      
           
               
ProPM Logo Conduct Procurements    
   
   
   
   
   
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The Conduct Procurements process consists of;

  • Obtaining seller responses
  • Selecting a seller
  • Awarding a contract

The key benefit of this process is that it provides alignment of;

  • Internal & external stakeholder expectations
  • Through established agreements

During conduct procurements, the project team will;

  • Receive bids & proposals
  • Apply previously defined selection criteria to select one or more sellers
    • Who are qualified to perform the work and acceptable as a seller

With major procurement items;

  • The entire process of requesting & evaluating responses can be repeated
  • A short list of qualified sellers can be established based on preliminary proposal;
    • This allows for a more detailed evaluation to be conducted versus the short list
    • Based on a more specific & comprehensive requirements document

Tools and techniques for conducting procurements;

  • Can be used alone
  • Or in combination with selected sellers
    • For example;  using a weighting system
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
           
   
   
   
   
   
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Procurement Managment          
Execute          
Conduct Procurements          
           
           
Process Inputs          
Procurement Mgmt. Plan          
Procurement Docs.          
Source selection criteria          
Seller proposals          
Project documents          
Make or buy decisions          
Procurement SOW          
organizational process assets          
           
           
Tools and Techniques          
Bidder conferences          
Proposal Evaluation Tech.          
Independant estimates          
expert judgment          
Advertising          
Analytical techniques          
Procurement Negotiations          
           
           
Process Outputs          
Activity cost estimates          
agreements          
Resource calendars          
Change Requests          
Proj. Mgmt. Plan Updates          
Proj. doc. updates          
           
           
Process Benefits          
The process of conducting procurements aligns Internal & external stakeholder expectations;
*  Through established agreements
         
         
         
         
         
         
         
         
         
   
   
   
   
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