If you want to know the basics of project management, this guide and the others in The Neanderthal Series are available. The idea behind this series is to first concentrate on the basics and then progress to greater levels of complexity, if necessary. Seek simplicity first.
A project can use a wide variety of resources, from people to office supplies. How project managers procure resources is just as important as how they apply them on a project. Their failure to perform in this area can result in schedule slides, cost overruns, and expose the greater organization to risks.
Learning Objectives The learning objectives of this guide •Identify some of the major issues regarding certain procurement relationships •Know the fundamentals of procurement contract and the three fundamental types •Recognize the value of the make vs. buy decision •Understand the basic processes for procuring goods and services •Understand the importance of good negotiation in procuring goods and services