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Advanced Project Procurement Management
... Vendors and the art of contracting
In many projects, procurement activities are critical to
success. Imagine working in contractual relationships between
buyers and suppliers so that there is mutual trust and a common
focus on well defined, mutually agreed upon objectives. This
course is designed to equip participants with the necessary
knowledge and skills to manage procurement activities to
maximize effectiveness.
The goal of this course is to improve your capacity to apply the
elements of procurement management by properly planning for
procurement, documenting the need, evaluating proposals,
creating contracts and effectively managing the contracts to
closeout for increased project.
Procurement and contract management address the needs of various
types of procurement activities, including services acquisition,
intellectual property considerations, government requirements
and more. This is an exercise-centered course that uses real
world case situations.
Prerequisite
Good understanding of project management
Course Level
Intermediate/Advanced
Duration
2 Days
Who should attend?
This course is designed for project managers, procurement managers,
contract administrators, and project team members. Both buyers and sellers will find
this course valuable.
What You Will Learn
- Demonstrate to others how the A Guide To The Project Management Body Of Knowledge (PMBOK® Guide) Project Management Institute, Inc., 2008 processes apply to your project environment,
especially for high risk projects
- Plain for higher quality project deliverables
- Apply procurement and contract management techniques to
the PM process
- Select the right seller based upon a concise RFP with
clear selection criteria that leads to easy evaluation of
propels
- Develop and apply a procurement plan by choosing the
right procurement strategy for the project situation and
assigning the right responsibilities to the right people
- Describe the elements of a proposal and how they assist
in determining the most qualified seller
- Evaluate contract to ensure that they contain sufficient
information to accuracy describe the agreement and enable
effective control
- Close contract effectively to address the relationship
between client and supplier, termination, retention of
information and lessons learned
Content
Basic Outline of the Course:
The Procurement Process
Critical procurement issues and the role of project management
Procurement steps and modules
Buyer/seller relationship
Common procurement terms
Types of procurement and acquisition
Planning Purchases and Acquisition
Procurement planning and checklist
Establishing the procurement team
Organizational procedures and procurement
Contract types and “which one to use when?”
Procurement management plans
Defining Procurement Requirements
Scope management and procurement requirements list
Types of procurement requirements and attributes
How requirements interrelate
Procurement SOW
The impact of improperly defining requirements
Plan Contracting
Identifying potential bidders
Contracting document options
Standard form and conditions
Evaluation criteria
Special and general conditions |
Requesting Seller-Responses
Key pre-bid activities
Methods to request seller Reponses
Proper form and format of proposals
Elements of proposals
Joint venture procurement
Selecting Sellers
Organize for review of bid proposals
Techniques for contract evaluation
Contract negotiation strategies
Contract award and contract creation methods
Contract Administration
Contract administration responsibilities
Principles of contract interpretation
Primary contract components
Project management processes applied to contract administration
Contract Closure
Formal acceptance and closure
Contract termination
Resolution of contract claims
Contract audits and lessons learned
Contract litigation
Recap & Closing |
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