As an Amazon Associate I earn from qualifying purchases.

Advertising Definition and Explanation PDF | Download eBooks

Learn Advertising definition in project management with explanation to study “What is Advertising”. Study advertising explanation with project management terms to review project management course for online MBA programs.

Advertising Definition:

Advertising Explanation:

To conduct procurement, the communication between the buyer and the prospective sellers is necessary. A technique used for communication is called advertising. Advertising, in general, is a marketing tool used to communicate with the customers or users of the products or services of an organization. In case of conducting procurement, advertising is used to connect with the potential sellers. Usually, the existing sellers of the organization are contacted through advertisements. Advertising can be done using newspapers, general circulations and special publications. An example of advertising for procurement is a government's advertisement in a public newspaper, requesting for bids or quotations for construction material to be used in a construction project.

Keep Learning Project Management Explanations

What is Stakeholder Analysis?

In the process of stakeholders' identification, data and information regarding them must be collected. This data is to be analyzed ...

What is Technical Performance Analysis?

Risks associated with the projects must be identified. After the identifiication, it is important to asses those risks on the ...

What is Closing Project or Phase?

The Closing Process group deals with the formal closing of a project or a contract. The major process involved in ...

What is Procurement Statement of Work?

Statement of work is a document that includes the complete description of the required work. In procurement management, a document ...

What is Project Calendar?

A project is a time-specific endeavor. Working days, shifts and hours are specified for the project activities. A document that ...

What is Cause and Effect Diagram?

Cause-and-effect diagram is also known as fish bone diagram, Ishikawa diagram, or why-why diagram. It is important to identify and ...