Procurement Management 101 - A Comprehensive Primer

At some point on a large project, you need someone else to provide the goods or services that will supplement your team’s capabilities and resources. How do you ensure you get what you need, and you get good value? The answer is Procurement Management.

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⏱ Chapter Markers...
00:00 - Procurement Management
00:26 - What is Project Procurement?
01:23 - Procurement contract types
01:58 - Fixed price contract
02:47 - Fixed price contract with incentive/penalty
03:16 - Unit cost contract
03:47 - Target cost contract
04:31 - Cost-plus contract
05:32 - Time and materials (T&M) contract
06:24 - The four Project Procurement Processes
06:41 - Procurement Planning
08:46 - The procuring stage
09:51 - Contract award
10:16 - The contract
11:27 - Monitoring and Controlling
12:48 - Closing
13:46 - Public sector project procurement
14:56 - Good procurement practices

#Procurement #ProjectManagement #ProcurementManagement