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	<title>PMP &#38; Project Management &#187; Administer Procurements</title>
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		<title>Process: Administer Procurements</title>
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		<pubDate>Thu, 11 Feb 2010 10:43:03 +0000</pubDate>
		<dc:creator>Mark Smith</dc:creator>
				<category><![CDATA[CAPM]]></category>
		<category><![CDATA[PMP]]></category>
		<category><![CDATA[Administer Procurements]]></category>
		<category><![CDATA[Processes]]></category>

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		<description><![CDATA[Administer Procurements The Administer Procurements process is the last process defined under the Monitoring and Controlling process group. The Administer Procurements process includes: Managing procurement relationships Monitoring contract performance Making changes and corrections as needed. Inputs There are the following &#8230; <a href="http://pmp-projectmanagment.com/process-administer-procurements.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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<h3>Administer Procurements</h3>
<p>The Administer Procurements process is the last process defined under the Monitoring and Controlling process group. The Administer Procurements process includes: </p>
<ul>
<li>Managing procurement relationships</li>
<li>Monitoring contract performance</li>
<li>Making changes and corrections as needed.</li>
</ul>
<h4>Inputs</h4>
<p>There are the following six inputs in the Administer Procurements processes:</p>
<ul>
<li>Procurement documents</li>
<li>Project management plan</li>
<li>Contract</li>
<li>Performance reports</li>
<li>Approved change requests</li>
<li>Work performance information</li>
</ul>
<h4>Outputs</h4>
<p>There are the following four outputs in the Administer Procurements process:</p>
<ul>
<li>Procurement documentation</li>
<li>Organizational process assets updates</li>
<li>Change requests</li>
<li>Project management plan updates</li>
</ul>
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