Six Components of a Procurement Management Plan
The Procurement Management Plan is a part of the overall Project Management Plan. The document describes how items will be procured during the project and the approach you will use to managing vendors on the project. Specific areas to describe include: Procurement process . This section provides a brief overview of the process requirements necessary to manage procurement of the identified needs. This process should include: Initiating a request Development of requirements (technical, timing, quality, constraints) Request approval Purchasing authority Bid / proposal review Contract management responsibility Contract closure requirements Procurement process flowchart Roles and responsibilities. This section describes the various roles on the project that have some connection to procurement. This section should describe who can request outside resources, who can approve the requests, any secondary approvers, etc. Identified procurement needs. This section details the mat