3.9 Plan & Manage procurement Flashcards
(6 cards)
How
- Define resource requirements and needs
- Plan & manage procurement strategy
- Communicate external resource requirements
- Develop a delivery solution
- Manage suppliers & contracts
- Define resource requirements and needs
T&T
1. Plan procurement mgmt
2. Data gathering & analysis
- Benefit cost analysis
- Return on investment (RoI)
- Internal rate of return (IRR)
- Net Present Value (NPV)
- Payback period
3. Make or buy decisions
4. Team communications
D&A
1. Procurement mgmt plan
2. Resource mgmt plan
3. Project budget
4. Updated assumption log
5. updated risk register
- Plan & manage procurement strategy
T&T
1. Engage stakeholders
2. Estimating
3. Source selection analysis
-Least cost
-Qualifications only
-Quality based/highest technical proposal score
-Quality & cost based
-Sole source
-Fixed budget
4. Make -or-buy analysis
-Benefit cost analysis
-RoI
-Internal rate of return
- net present value
-payback period
5. Make or buy decisions
D&A
1. Procurement or bid documents
2. Source selection criteria
3. Procurement SOW
4. Contract types
-FP
-Cost reimbursable
-Time & material - T&M
- Communicate external resource requirements
T&T
1. Communications mgmt plan
2. Negotiation skills
3. Organisational process assets
D&A
1. Procurement documents - RFP, RFQ
2. Procurement SOW
- Develop a delivery solution
-Planning & analysis
-Detailed design
-Implementation or installation
-Testing
-Training
-Handover
-Support or Maintenance
T&T
1. Expert Judgement
2. Negotiation & Interpersonal Skills
3. PMP / Product Roadmap
D&A
1. Procurement SOW
2. Agreements
3. Updated WBS or product backlog
- Manage suppliers & contracts
T&T
1. Control procurement processes
2. Contract mgmt
3. Engage stakeholders
4. Communication mgmt plan
5.Collaboration & Empowerment
6. Quality Assurance Plan
7. Metrics
D&A
1. Updated risk register
2. updated comm mgmt plan / stakeholder mgmt plan
3. Updated vendor contracts
