Your relationship with your vendors can often make or break a project baseline. In this short course, you will learn best practices for managing the vendor relationship from initiation to close, including documenting requirements, negotiating contract terms, and evaluating proposals. You'll learn how and why to establish clearly defined roles and responsibilities between you and your vendors.

Virtual short courses do not include materials or headsets.

This is a virtual short course, specially designed to give you a quick, convenient way to earn PMI PDUs or concentrate on a specialized topic. This course is also part of our PMP® Renewal Program.

What You'll Learn

• The importance of the vendor contract
• Vendor communication planning
• Vendor management plan
• Vendor contract closeout

Who Needs to Attend

PMP-certified project managers, IT project managers, project coordinators, project analysts, project leaders, senior project managers, team leaders, product managers, program managers, project sponsors, and project team members who want to continue to develop their skills and renew their PMP certification.

Prerequisites

There are no prerequisites for this course.

Follow-On Courses

• IT Risk Management (PM12)

Course Outline

1. Establishing the vendor relationship

2. Creating the vendor management plan

3. Documenting the vendor communication plan

4. Managing vendors throughout the project life cycle

5. Dealing with vendor issues

6. Vendor contract closeout