PMP Certification: Unit 5

Overview

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This course provides an in-depth exploration of two critical aspects of project management. You'll gain a robust understanding of procurement processes, including when to outsource work, the various types of contracts, and essential procurement tools like RFIs, RFPs, and procurement strategies. Additionally, you'll master the art of stakeholder management by learning to identify key stakeholders, assess their engagement levels, and utilize the Stakeholder Grid and Salience Model to prioritize and engage them effectively. By the end of this course, you'll be equipped with the skills to manage procurement processes and stakeholder relationships with confidence and precision, ensuring your projects are executed smoothly and successfully.

Syllabus

PMP Exam Prep - Procurement and Stakeholder Management

This module provides a comprehensive overview of Procurement and Stakeholder Management within project management. It covers the essentials of procurement, including when to outsource work, types of contracts, and key procurement tools and artifacts like RFIs, RFPs, and procurement strategies. Additionally, it delves into Project Stakeholder Management, focusing on identifying stakeholders, assessing their engagement levels, and employing tools such as the Stakeholder Grid and Salience Model to prioritize and engage stakeholders effectively. This module equips learners with the knowledge to manage procurement processes and stakeholder relationships efficiently.