Conduct Procurements
Process
Obtaining seller responses, selecting sellers, and awarding contracts.
When performed: Periodically as needed
Process group: Executing
Knowledge Area: Procurement Management
Outputs Created
Outputs Updated
- Stakeholder register
- Risk register
- Resource calendars
- Requirements traceability matrix
- Requirements documentation
- Lessons learned register
- Cost baseline
- Schedule baseline
- Scope baseline
- Procurement management plan
- Risk management plan
- Communications management plan
- Quality management plan
- Requirements management plan
- Organizational process assets updates
- Listings of prospective and prequalified sellers
- Information on relevant experience with sellers, both good and bad
Inputs
- Procurement management plan
- Scope management plan
- Requirements management plan
- Requirements documentation
- Communications management plan
- Stakeholder register
- Risk management plan
- Risk register
- Configuration management plan
- Cost baseline
- Project schedule
- Seller proposals
- Procurement strategy
- Procurement statement of work
- Bid documents
- Lessons learned register
- Enterprise environmental factors
- Local laws and regulations regarding procurements
- Local laws and regulations ensuring that the major procurements involve local sellers
- External economic environment constraining procurement processes
- Marketplace conditions
- Information on relevant past experience with sellers, both good and bad
- Prior agreements already in place
- Contract management systems
- Organizational process assets
- List of preferred sellers that have been prequalified
- Organizational policies that influence the selection of a seller
- Specific organizational templates or guidelines that will determine the way agreements are drafted and built
- Financial policies and procedures regarding invoicing and payment processes
Tools & Techniques
Key inputs & outputs are indicated with *
