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again my friends this is what we call the pmp exam reset and every week we get together and we take a look at certain topics so right here in the chat we had our friend rakesh type in a message about the procurement audit sorry cash im not sure if youre still on but im going to put this video up on the channel to answer your question what exactly is the procurement audit now to explain the procurement audit i want to really rapidly cover what procurement is at a high level so first of all weve got plan procurement management and this is where the buyer decides do i want to buy something from outside if so which procurement types will i use and then the buyer creates a procurement statement of work and procurement documents rfbs rfps rfqs rfis those are called bid documents they get sent out to the potential sellers the potential sellers may have questions they get answered in a bidder conference now just think about that for a second this first part of procurement it could go reall
