What are the key elements that need to be included in theprocurement plan? Why is each of the elements in item 2, used bythe PM and project team to manage the project?
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1-What are the key elements that need to be included inthe procurement plan?
The Procurement Management Plan is a part of the overall ProjectManagement Plan. The document describes how items will be procuredduring the project and the approach you will use to managingvendors on the project. Specific areas to describe include:
Procurement process. This section provides abrief overview of the process requirements necessary to manageprocurement of the identified needs.
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