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hello and welcome to BMG lounge comm in this video we are talking about collective bargaining agreement this is a part of procurement management knowledge area this is something that you may see in your PMP exam you may not see as well but theres not a great deal that you should know about this concept in order to clear your PMP exam as always if you are into reading articles rather than watching videos then first link in the description is going to take you to a relevant article on this topic over at our official website PMC lounge dot-com so do check that out also second link in the description will contain every single video it is a playlist of every single video that we have done on procurement management knowledge area so two important links check them out anytime during the course of this video for now lets get started and discuss collective bargaining agreement so two things that you need to know here are Union and union agreement collective bargaining agreement is also known