Project Management — Planning Phase: (10 of 12) — Procurement Plan

Learn how to develop a Procurement Plan. Identifies how project needs can best be fulfilled by procuring products and services outside. Procurement Plan describes how the various aspects of procurement will be managed from the beginning to the end of the project.

This Procurement Management Plan sets the procurement framework for this project. It will serve as a guide for managing procurement throughout the life of the project and will be updated as acquisition needs change.

Learning More About Initiation Phase in Project Management

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