Book Image

Becoming a PMP® Certified Professional

By : J. Ashley Hunt
Book Image

Becoming a PMP® Certified Professional

By: J. Ashley Hunt

Overview of this book

One of the five most prestigious certifications in the world, the PMP® exam is said to be the most difficult non-technical certification exam. With this exam guide, you'll be able to address the challenges in learning advanced project management concepts. This PMP study guide covers all of the 10 project management knowledge areas, 5 process groups, 49 processes, and aspects of the Agile Practice Guide that you need to tailor your projects. With this book, you will understand the best practices found in the sixth edition of the PMBOK® Guide and the newly updated exam content outline. Throughout the book, you'll learn exam objectives in the form of a project for better understanding and effective implementation of real-world project management tasks, helping you to not only prepare for the exam but also implement project management best practices. Finally, you'll get to grips with the entire application and testing processes in PMP® and discover numerous tips and techniques for passing the exam on your first attempt. By the end of this PMP® exam prep book, you'll have a solid understanding of everything you need to pass the PMP® certification exam, and be able to use this handy, on-the-job desktop reference guide to overcome challenges in project management.
Table of Contents (22 chapters)
1
Section 1: Introduction to Project Management and People
8
Section 2: Project Management Processes
17
Section 3: Revision
19
Chapter 16: Final Exam

Chapter 12: Procurement Management

In this chapter, we will be covering the large topic of procurement management, beginning with key concepts, trends in procurement management, and Agile considerations. Then, we will cover planning for procurement management, which includes determining whether you will make or buy items that are needed for your projects, and perhaps even hire staff to supplement your teams. After this, we will review conducting procurements to select the sellers needed for a project, as well as controlling procurements to avoid a breach of contract and to formally close out contracts.

In this chapter, you will review the following topics:

  • Key concepts for procurement management
  • Trends and emerging best practices in project procurement management
  • Considerations for Agile/Adaptive environments
  • Planning procurement management
  • Conduct procurements
  • Partner-centric procurement documents
  • Control procurements