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as a union agreement, and it is an important concept in procurement management. It may be tested in the PMP exam, so it is essential to understand it. Check out the related article on PMC lounge dot-com for more information. It is part of the procurement management knowledge area, and there is a playlist of all videos on this topic available in the description. Let's dive into the discussion on collective bargaining agreement and its key points, including unions and union agreements.