This course provides an in-depth exploration of two critical aspects of project management. You'll gain a robust understanding of procurement processes, including when to outsource work, the various types of contracts, and essential procurement tools like RFIs, RFPs, and procurement strategies. Additionally, you'll master the art of stakeholder management by learning to identify key stakeholders, assess their engagement levels, and utilize the Stakeholder Grid and Salience Model to prioritize and engage them effectively. By the end of this course, you'll be equipped with the skills to manage procurement processes and stakeholder relationships with confidence and precision, ensuring your projects are executed smoothly and successfully.
PMP Certification: Unit 5
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PMP Certification: Unit 5
This course is part of PMP Certification Specialization
Instructor: Pearson
Included with 
Gain insight into a topic and learn the fundamentals.
Beginner level
Recommended experience
4 hours to complete
Flexible schedule
Learn at your own pace
What you'll learn
Master the essentials of procurement, including when to outsource and contract types.
Utilize key procurement tools and artifacts like RFIs, RFPs, and procurement strategies.
Identify and assess stakeholder engagement levels effectively.
Employ the Stakeholder Grid and Salience Model for prioritizing and engaging stakeholders.
Skills you'll gain
Details to know
Shareable certificate
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Recently updated!
July 2025
Assessments
3 assignments
Taught in English
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This course is part of the PMP Certification Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate
There is 1 module in this course
This module provides a comprehensive overview of Procurement and Stakeholder Management within project management. It covers the essentials of procurement, including when to outsource work, types of contracts, and key procurement tools and artifacts like RFIs, RFPs, and procurement strategies. Additionally, it delves into Project Stakeholder Management, focusing on identifying stakeholders, assessing their engagement levels, and employing tools such as the Stakeholder Grid and Salience Model to prioritize and engage stakeholders effectively. This module equips learners with the knowledge to manage procurement processes and stakeholder relationships efficiently.
What's included
33 videos3 assignments
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Frequently asked questions
Yes, you can preview the first video and view the syllabus before you enroll. You must purchase the course to access content not included in the preview.
If you decide to enroll in the course before the session start date, you will have access to all of the lecture videos and readings for the course. Youāll be able to submit assignments once the session starts.
Once you enroll and your session begins, you will have access to all videos and other resources, including reading items and the course discussion forum. Youāll be able to view and submit practice assessments, and complete required graded assignments to earn a grade and a Course Certificate.
More questions
Financial aid available,