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12 - PROJECT PROCUREMENT MANAGEMENT

12.2 conduct Procurements

Conduct Procurements is the process of obtaining seller responses, selecting a seller, and awarding a contract.
The key benefit of this process is that it provides alignment of internal and external stakeholder expectations
through established agreements. The inputs, tools and techniques, and outputs of this process are depicted in
Figure 12-4. Figure 12-5 depicts the data flow diagram of the process.

Inputs Tools & Techniques Outputs

.1 Procurement .1 Bidder conference .1 Selected sellers
management plan .2 Proposal evaluation .2 Agreements
.2 Procurement documents techniques .3 Resource calendars
.3 Source selection criteria .3 Independent estimates .4 Change requests
.4 Seller proposals .4 Expert judgment .5 Project management plan
.5 Project documents .5 Advertising updates
.6 Make-or-buy decisions .6 Analytical techniques .6 Project documents
.7 Procurement statement .7 Procurement updates
of work negotiations
.8 Organizational process
assets

Figure 12-4. conduct Procurements: Inputs, tools & techniques, and outputs
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