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Project Management Foundations: Procurement

The more complex a project is, the more likely it is that you’ll need help from outside vendors and partners. This is especially true for new and aspiring project managers who are still learning the tricks of the trade. Procurement is the process of planning, managing, and executing purchases of outside goods and services for your organization. Join author, speaker, and trainer Oliver Yarbrough as he provides an overview of procurement management and how you can implement procurements on your projects. Review key concepts, pitfalls, critical success factors, and best practices. Learn how to collaborate more effectively with your vendors and contract management teams by understanding different procurement contract types. Plus, explore agile procurement, along with emerging trends in the field such as rapid procurement, reverse auctions, and how to leverage AI and automation tools to streamline procurement processes.

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