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Knowledge Areas

Control Procurements Process

https://youtu.be/nHL0n5RKiU8 The third and the final process in Procurement Management knowledge area comes under the Monitoring and Controlling process group.…

Non-Competitive Forms of Procurement | Single Source | Sole Source

https://www.youtube.com/watch?v=pIbvf60t4Rg “A horse never runs so fast as when he has other horses to catch up and outpace.”Ovid Competition may…

Collective Bargaining Agreement

https://youtu.be/xZwf_tsPtVc As we continue our discussion on Procurement Management, it is important to introduce Union and Union Agreement. A group…

Qualified Seller List | How do you use Organizational Process Assets (OPAs) in Procurement?

https://www.youtube.com/watch?v=Pt6LamwzDdY While we have previously discussed Organizational Process Assets (OPAs), in this video lets understand how OPAs are used in…

Is it mandatory to have a Bidder Conference for every project?

https://youtu.be/CdGEluE0KjY Bidder Conference is one of the Tools and Techniques in Procurement Management. But is it mandatory to have a…

Why opt for Cost Plus contract when Fixed Price contract can also be an option?

https://www.youtube.com/watch?v=IR4CmbHLX1U We have already discussed the types of contract. An important question here could be why would you as a…

Selected Sellers and Agreements

https://youtu.be/xptL1UBEDfI We have studied the Conduct Procurements process. We have also seen the specific Tools and Techniques of this process,…

Tools and Techniques of Conduct Procurements Process

https://youtu.be/6NFmjpyQZtU We have already discussed an overview of the Conduct Procurements process and its inputs. The tools and techniques of…

Conduct Procurements Process

https://youtu.be/XlJK9o7dka0 In the Procurement Management knowledge area, there is one process under the Execution Process Group, it is called Conduct…

Source Selection Criteria

https://youtu.be/qWZVPwmFjes Another important output of the Plan Procurement Management process is the Source Selection Criteria. This is where you decide…