Plan Procurement Management

Inputs Tools and Techniques Outputs
  • Project Management Plan
  • Project Charter
  • Scope Baseline
  • Risk Register
  • Stakeholder Register
  • Marketplace Analysis
  • Organizational Process Assets
  • Enterprise Environmental Factors
  • Expert Judgment
  • Market Research
  • Meetings
  • Analytical Techniques
  • Procurement Negotiations
  • Procurement Management Plan
  • Procurement Statement of Work
  • Procurement Documents
  • Source Selection Criteria
  • Make-or-Buy Decisions
  • Procurement Contracts

Details:

Project Management Plan: The comprehensive document that outlines how the project will be executed, monitored, and controlled. It provides guidance on project closure activities.

Project Charter: Contains high-level information about the project, including objectives and constraints, which can influence procurement decisions.

Scope Baseline: Defines the scope of the project, including the products and services that may need to be procured.

Risk Register: Identifies risks associated with procurement activities and helps in planning appropriate responses.

Stakeholder Register: Contains information about stakeholders who may have an interest in or impact on procurement activities.

Marketplace Analysis: Information about the current market conditions, supplier capabilities, and potential risks or opportunities.

Enterprise Environmental Factors: Factors such as market conditions, legal regulations, and organizational culture that may influence procurement decisions.

Organizational Process Assets: Lessons learned, historical information, and other organizational knowledge that can help in closing out the project effectively.

Expert Judgment: Input from subject matter experts or stakeholders who provide insights into the closure process, lessons learned, and best practices.

Market Research: Gathering information about potential suppliers, market trends, pricing, and availability of goods or services.

Meetings: Collaborative sessions with stakeholders to discuss procurement requirements, constraints, and strategies.

Analytical Techniques: Various quantitative and qualitative methods to analyze procurement-related information, such as make-or-buy analysis and cost-benefit analysis.

Procurement Negotiations: Engaging in negotiations with potential suppliers to establish favorable terms and conditions for procurement contracts.

Procurement Management Plan: Describes how procurement processes will be managed, including procurement strategies, contract types, and procurement documents.

Procurement Statement of Work (SOW): Defines the products, services, or results to be procured, including specifications, requirements, and delivery terms.

Procurement Documents: Documents such as requests for proposals (RFPs), requests for quotes (RFQs), and invitations for bids (IFBs) that are used to solicit bids from potential suppliers.

Source Selection Criteria: Criteria used to evaluate and select potential suppliers, considering factors such as price, quality, and delivery time.

Make-or-Buy Decisions: Decision on whether to produce a product or service internally or to procure it from an external source.

Procurement Contracts: Formal agreements between the buyer and the seller that outline the terms and conditions of the procurement relationship.