Discover the critical actions in procuring outside
services and products - from the initial decision to
buy through final contract closeout. Recognize what
must be done for success in the six key project
procurement management processes: procurement
planning, solicitation planning, solicitation, source
selection, contract administration, and contract
closeout. Formulate the make-or-buy decision, prepare
an effective procurement management plan to guide
the team, and use outsourcing for maximum benefit.
Lessons and best practices from procurement theory
and experience are also presented.