))
Procurement Without the Pain (Part 1 of 2): Why Contract Types Confuse PMP Students
Manage episode 509312226 series 3654762
Scott Payne에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Scott Payne 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
If you need help simplifying PMP concepts in a way that really makes sense, reach out and I’ll teach you and create a plan that works for you: 757-759-5282.
This episode kicks off a two-part deep dive into procurement, inspired by a listener who texted me after struggling with procurement questions on a mock exam.
In Part 1, we cover:
Why procurement feels so confusing on the PMP exam
The three contract families — Fixed Price, Cost-Plus, and Time & Materials
Who benefits and why under each type (buyer, seller, or both)
A direct comparison of Cost-Plus vs. T&M (Receipts vs. Rate Card)
A quick-fire exercise with real (and funny) scenarios to lock it in
I wrap Part 1 by teeing up what’s next, because procurement isn’t just about contracts — it’s about process.
In Part 2, we’ll break down:
Why the exam loves “use the organizational procurement process”
The make-or-buy decision, sourcing plans, RFX, evaluation criteria, and MSA (explained in plain English)
Multi-tiered contract structures and why PMI loves them
The most common exam traps and how to avoid them
📌 Key takeaway from Part 1: Contracts are just risk-placement tools. Know who’s holding the hot potato, and you’ll know who benefits.
Stay tuned for Part 2, where we’ll finish the journey and connect it back to how PMI wants you to think on exam day.
👉 Want Scott to build you a study plan, review your weak spots, or coach you all the way to PMP success? Call or text 757-759-5282.
55 에피소드
공유
