What Does AMP Stand For?

AMP stands for Acquisition Management Plan

The Acquisition Management Plan (AMP) is a strategic document that outlines the processes, policies, and responsibilities for acquiring goods and services within an organization. It serves as a framework for effectively managing the acquisition lifecycle, ensuring alignment with organizational objectives, compliance with regulatory requirements, and optimization of resources. The AMP typically includes specific goals, timelines, risk management strategies, and performance metrics to measure success, thereby enabling informed decision-making and fostering accountability throughout the procurement process.

Other Meanings for AMP