Plan Procurement Management

Plan Procurement Management is a process in project management that involves identifying what goods and services a project needs and how to obtain them. It includes determining if these needs can be fulfilled in-house or if they should be outsourced to vendors or suppliers. This planning ensures that the project has the necessary resources at the right time and price, while also considering quality and vendor relationships. Essentially, it's about creating a strategy for acquiring everything required to successfully complete a project.