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APM Project Management Qualification 2024

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  1. Introduction
  2. Life cycles
  3. Governance arrangements
  4. Sustainability
  5. Business case
  6. Procurement
  7. Reviews
  8. Assurance
  9. Transition management
  10. Benefits management
  11. Stakeholder and communication management
  12. Conflict resolution
  13. Leadership
  14. Team management
  15. Diversity and inclusion
  16. Ethics, compliance and professionalism
  17. Requirements management
  18. Solutions development
  19. Quality management
  20. Integrated planning
  21. Schedule management
  22. Resource management
  23. Budgeting and cost control
  24. Risk and issue management
  25. Change control
  26. Exam preparation

In this topic we discuss

Understand procurement as securing the provision of resources, choosing strategies for obtaining best value from supply chains.

Learning outcomes

  1. Understand the purpose and importance of a procurement strategy – and – Know the typical contents of a procurement strategy.
  2. Know the stages of a supplier selection process, including how to plan the procurement process and conduct negotiations (for example ZOPA, BATNA and ‘Win Win’).
  3. Know the features of different contractual relationships – and – Understand why different methods of supplier reimbursement are used and when it is appropriate to use them (including fixed price, cost plus fee, per unit quantity and target cost).