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In this video tutorial, the focus is on collective bargaining agreements in the procurement management knowledge area, which may be relevant for the PMP exam. It is emphasized that understanding this concept is important for exam preparation. Viewers are directed to relevant articles on the topic on the website PMC lounge dot-com for further reading. A playlist of all videos on procurement management knowledge area is also provided. Key points include unions and union agreements, which are essential components of collective bargaining agreements.