Process Definition

Plan procurement management is the processes necessary to secure workforce, material, or services in support of project deliverables and objectives.  Included in this process is the securing and monitoring of contracts needed in those regards.  The procurement plan provides a guide when determining whether or not it is better to provide or contract services in support of project objectives. 

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Figure 26. Plan Procurement Management: Inputs, Tools and Techniques, and Outputs. Reprinted from "A Guide to the Project Management Body of Knowledge (PMBOK Guide), 5th Edition" by Project Management Institute, 2013, p. 358. Copyright 2013 by Project Management Institute, Inc. Reprinted without permission.

Process Assessment 

Planning, conducting, controlling, and closing procurements is a fluid process which requires an understanding of procurement management.  Simply ordering parts is not enough.  Identifying potential delays and securing the needed material, on time, is what will determine whether or not a project remains on track or begins to experience schedule slip.  Each process depends upon another.  If one begins to slip, the chain reaction could eventually derail the project process.

ARTIFACTS

1. Bicycle Schedule: This PMGT 614 group bicycle project serves as an input to the Plan Procurement Management Process.
2. PMGT 614 WBS 5.5 Parts 1 & 2: This PMGT 614 WBS 5.5 Procurement Plan serves as an example of expert judgement as a technique used in the Plan Procurement Management Process.
3. Change Requests:  This PMGT Group 4 CBS assignment reflects the change process as an output to the Plan Procurement Management Process.