Chapter 12
Project procurement management
12.1 Plan procurements
The process of documenting project purchasing decisions, specifying the approach, and identifying potential sellers.
12.2 Conduct Procurements
The process of obtaining seller responses, selecting a seller, and awarding a contract.
12.3 Administer Procurements
The process of managing procurement relationships, monitoring contract performance, and making changes and corrections as needed.
13.4 Close Procurements
The process of completing each project procurement.