Implementing a Procurement Strategy (2021 Update)

Project management includes planning the procurement process to obtain the materials, products, and services required for your project. This means having a procurement management process in place to identify suitable vendors, evaluate proposals, manage relationships with sellers, monitor procurement activities, and make changes and corrections when necessary.
In this course, you’ll explore methods and strategies to plan, conduct, and control the procurement process, from bidding and estimates to statements of work (SOW) to records management. You’ll learn about contracts, procurement management tools and techniques, and make-or-buy analysis.