Description
It is the process of documenting the decision about the procurement strategies in the project, identifying potential sellers, and specifying the approach. It is used in the Planning Process Group and in the Procurement Mgmt Knowledge Area.
Process Group
This activity is done in the following Process Group(s) during the project management.
Planning
Knowledge Area
This activity is done in the following Knowledge Areas during project management.
Project Procurement Mgmt.
Tool
This activity is performed by using the following project management tools and techniques by the project manager and the team.
Tool Type | Tool |
Data analysis Tool | Make-or-buy analysis |
Data gathering Tool | Market research |
Common Tool | Expert judgment |
Meetings | |
Source selection analysis |
Input
Performing this project management activity uses the following inputs to be used along with the tools and techniques in order to produce the expected outputs as mentioned below.
Input Type | Input |
Business documents | Benefits management plan |
Business case | |
Business documents | |
Enterprise environmental factors | |
Organizational process assets | |
Project charter | |
Project documents | |
Project management plan | |
Project documents | Milestone list |
Project team assignments | |
Requirements documentation | |
Requirements traceability matrix | |
Resource requirements | |
Risk register | |
Stakeholder register | |
Project management plan | Quality management plan |
Resource management plan | |
Scope baseline | |
Scope management plan |
Output
This activity in project management results in the following outputs after proving the required inputs and using the appropriate tools or techniques as mentioned above.
Output Type | Output |
Common Output | Bid documents |
Change requests | |
Independent cost estimates | |
Make-or-buy decisions | |
Organizational process assets updates | |
Procurement management plan | |
Procurement statement of work | |
Procurement strategy | |
Source selection criteria | |
Project documents updates | Lessons learned register |
Milestone list | |
Requirements documentation | |
Requirements traceability matrix | |
Risk register | |
Stakeholder register |
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