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Procurement Management

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…

Procurement Documents (RFI, RFP, RFQ, IFB, LOI, PO)

https://youtu.be/lEyS5EwD_6g In addition to the Procurement Management Plan, there are some other procurement documents that are outputs of the Plan…

Contract and its types (FP, CR, T and M)

https://youtu.be/8Q0Ccw3LsKE Contract A contract represents a mutually binding legal agreement that obligates the seller to provide the specified products, services…

Procurement Manager | Centralized and Decentralized Contracting

https://youtu.be/g_9er25MVvs If you think that the Project Manager alone is responsible for everything related to Procurement, you are wrong. This…