PROCUREMENT AND CONTRACT MANAGEMENT

Short Term Learning Programme Description
This short learning programme is designed to equip participants with knowledge to correctly manage and control the end-to –end project procurement framework and contract life cycle, as well as effective strategies to successfully handle suppliers and vendors. The participants will master the step-to-step process for converting needs into outsourced goods and services. They will gain knowledge on how to develop evaluation criteria to select the most appropriate procurement partner, and how to create an effective statement of work and service level agreements.
Target Participants
The programme targets procurement officers, purchasing or sourcing managers, vendor or product evaluation/ selection managers and project/program managers.
Learning outcomes

• By the end of the short term learning programme the participants will be able to;
• Move through the end-to-end procurement management process
• Identify stakeholder expectation and convert project needs into contract requirements
• Use a request for information (RFI) as a tool to determine sourcing strategy
• Develop an evaluation model and supplier selection criteria to be able to analyze and validate proposals
• Establish a bid evaluation framework and create a robust for request for proposal (RFP)
• Adapt and improve your negotiation techniques and communication strategies
• Recognize the different contract types, their objectives and legal implications
• Monitor and control supplier performance and maintain effective working relationship

Course outline

• Procurement lifecycle
• Supplier selection criteria
• Supplier evaluation techniques and negotiation
• Contract types, definitions and purpose
• Managing supplier performance and relationships