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An Introduction to Procurement Management Using PMI Terminology

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The current version (v4, 2008) of the Project Management Body of Knowledge (PMBOK®) has four processes® within the Procurement knowledge area. Version 3 (2004) of the PMBOK had six processes in the Procurement knowledge area. Where did these processes go? Has procurement suddenly become more simplified?

Of course the answer is that nothing has changed in the world of formal Procurement Management. What has changed is PMI’s terminology.

The latest terminology is simpler than in previous versions of the PMBOK® and is more closely aligned with other management activities within the same process groups.

Vendor:
Global Knowledge
Posted:
19 Oct 2010
Published
18 Oct 2010
Format:
PDF
Length:
13 Page(s)
Type:
White Paper
Language:
English

This resource is no longer available.