1. Project Management Gaafar 2007 / 1 Procurement Management* Dr. L. K. Gaafar *This Presentation is Based on information from the PMBOK Guide 2000 and www.augsburg.edu/ppages/schwalbe.

2. Project Management Gaafar 2007 / 2 Procurement n Is the process by which an organization is supplied with the goods and services that it needs to achieve its objectives. n Procurement mainly depends on the production process which determines the quantity and the scheduling of the supplies.

3. Project Management Gaafar 2007 / 3 Project Procurement Management Processes n Procurement planning: determining what to procure and when n Solicitation planning: documenting product requirements and identifying potential sources n Solicitation: obtaining quotations, bids, offers, or proposals as appropriate n Source selection: choosing from among potential vendors n Contract administration: managing the relationship with the vendor n Contract close-out: completion and settlement of the contract

4. Project Management Gaafar 2007 / 4

5. Project Management Gaafar 2007 / 5

6. Project Management Gaafar 2007 / 6 Figure 11-1. Project Procurement Management Processes and Key Outputs

7. Project Management Gaafar 2007 / 7 Statement of Work (SOW) Template