- Procurement planning
- Solicitation planning
- Source selection
- Contract administration
- Contract closure
Evaluation Criteria are used to rate or score proposals. They may be objective (e.g., "The proposed project manager must be a certified PMP") or subjective (e.g. "The proposed project manager must have documented previous experience with similar projects)
The objective of a procurement audit is to identify successes and failures that warrant transfer to other procurement items on this project or to other projects within the performing organization.
Correspondence: Contract Terms and conditions often require written documentation of certain aspects of the buyer/seller communications, such as warnings of unsatisfactory performance and contract changes or clarifications.
This documentation is personal study notes I prepared during my PMP certification study. The source for this study notes is partially from PMBOK 2000, PMP Exam Cram 2, and www.pmstudy.com. I only take notes on knowledge areas that I thought was useful for me. In the real exam, the contents covered are much broader and more difficult than any reference books. So I think real life experience is very important.