ProPM Logo About ProPM Initiate and Close Integration Management Quality Management PMBOK ITTO Dictionary      
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    
ProPM Logo                

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
ProPM Logo    
ProPM Logo    
ProPM Logo    
Procurement Managment          
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          
Analytical techniques          
Procurement Negotiations          
Process Outputs          
Activity cost estimates          
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
ProPM Logo    
ProPM Logo    
ProPM Logo    
ProPM Logo    

© 2014-2019

Follow ProPM on facebook

facebook icon