Plan Procurements (12.1)
Card Set Information
Plan Procurements (12.1)
Project Procurements Management
There are 11 Inputs to Plan Procurments Process Group. What are they?
1. Scope Baseline
2. Requirements Documentation
3. Teaming Agreements
4. Risk Register
5. Risk-related Contracts
6. Activity Resource Requirements
7. Project Schedule
8. Activity Cost Estimates
9. Cost Performance Baseline
10. Enterprise Environmental Factors
11. Organizational Proces Assets
What three elements make Scope Baseline?
Work Breakdown Structure (WBS)
What three elements make Risk Register?
1. Risk Owners
2. All identified risks
3. Risk responses
with regars to Procurements Planning Inputs give as many examples of Requirements Dcoumetation as you can.
1. Health And Safety
3. Intelectual Property Rights.
What Enterprice Environmental Factors may influence Procurements Planing?
of a product, a service or a results
Terms and Conditions of the specific
What Organizational Process Assets will influence Procurements Planning?
od pre-qualified sellers
What are Plan Procurements Tools and Techniques?
Make or Buy Analysis,
Buy or Lease Analysis,
When Make or Buy Analysis is done what factors does a PMgr take into consideration?
How would a PM analyse costs for Make or Buy Analysis?
Step 1, Define what product, service or result must be achieved
Step 2, Calculate the cost of in-house production (material, staffing, overheads)
Step 3, Calculate the cost of outsourcing (price, admin costs)
Step 4, Compare both costs
What areas of expertise does Expert Judgment technique use with regards to Planning procurements?
What are three major types of Contracts?
Time And Material
What are three sub-types of Fixed Priced contract types?
Firm Fixed Priced (FFP)
Fixed Priced Incentive Fee (FPIF)
Fixed Priced With Economic Price Adjustment (FP-EPA)
What are the three Cost Reimbursable Contract Types?
Cost Plus Fixed Fee Contracts
Cost Plus Inscentive Fee Contracts
Cost Plus Award Fee Contracts
What are the Outputs of the Planning Procurments?
1. Procurements SOW
2. Procurements Management Plan
3. Make or Buy Decisions
4. Change Requests
5. Procurements Documents
6. Source Sellection Criteria
What two elements does Procurment SOW consist of?
1. Product Requirements
2. Supply requirements (quantity, location, timing)
What are some of the Procurment Documents?
Request for Information (RFI)
Invitation For Bid (IFB)
Request For Quotation (RFQ)
Request For Tender (RFT)
Request For Proposal (RFP)
Invitation For Negotiation (IFN)
Seller Initial Response (SIR)
Purchase Order (PO)
What are some of the Source Sellectin Criteria?
Understanding of needs,
Overall life-cycle cost,
Risk management approach,
Business size and business model,
Seller past performance,