Project ____ management includes acquiring or procuring goods and services for a project from outside the organization.

Question

Quizplus · Accepted Answer

Procurement management involves identifying what goods and services need to be procured for a project and then finding vendors, negotiating contracts, and managing the logistics of delivery and payment. Logistics, supply, and acquisition may all be components of procurement management but do not encompass the entire process.

Project ____ Management Includes Acquiring or Procuring Goods and Services