Procurement and Contract Management Practices

The workshop is intended for anyone involved in procurement: i.e. purchasing managers and agents, those involved in the supply chain, project managers, team leaders, vendor or product evaluation/selection team members and program managers who want to put the concepts and techniques of effective procurement into practice.

• Identify stakeholder expectations, and convert business needs into contract requirements
• Create supplier selection criteria and follow a structured approach to short-listing and selecting suppliers
• Strengthen your negotiating techniques to achieve “win-win” outcomes
• Monitor and control supplier performance, to ensure good business outcomes
• Amend contracts and manage changes that occur during the procurement process
• Maintain productive working relationships with suppliers
• Reduce the potential for disputes and legal action

Procurement Management Framework

• Procurement life cycle, key roles in procurement management and types of procurement organizations
• Contract definitions and forms of contracts
• Contract types and risk transfer
• Common constraints and legal issues

Planning Procurements

• Building your supplier evaluation team
• Needs analysis, stakeholder expectations and requirements mapping
• Developing the procurement management plan and procurement Statement of Works
• Identifying suppliers, drafting legal tendering documents, defining selection criteria and weights, creating the Supplier Evaluation Model

Conducting Procurements

• Conducting a bidders’ conference
• Short-listing and selecting suppliers with supplier evaluation techniques
• Ensuring due diligence and an equitable process
• Negotiating

Administering Procurements

• Creating a contract management plan
• Managing supplier performance and relationships
• Amending contracts and managing change control
• Conducting claims and the dispute process

Closing Procurements

• Procurement auditing, settling contracts, early termination

Special features

The action-learning format features group discussion and simulated exercises in “real-world” project environments. You will apply the tools and techniques you are learning, and experience the process of collaborative planning firsthand.

As part of the workshop, you will receive PMI® Professional Development Units (PDUs).

For financial assistance opportunities, please refer to Financial Assistance, Scholarships and Team Rates .