What does procurement management focus on in a project?

Procurement management is primarily concerned with acquiring the goods and services necessary for a project from external sources. This involves a variety of processes such as identifying what is needed, selecting vendors, negotiating contracts, and ensuring that the acquired items meet the project's requirements in terms of quality, cost, and timeline.

By focusing on the procurement of resources outside of the team, project management helps ensure that all essential components are available to meet project goals effectively. This necessitates careful planning and execution to align external resource acquisition with project timelines and budgets. Thus, it contributes crucially to maintaining project momentum and achieving desired outcomes.