Procurement and Contract Management

Procurement and Contract Management Course Overview

The Procurement and Contract Management course is for Procurement Executives, Business owners and Accountants. The course teaches students two important aspects of any business activity, procurement and developing and managing contracts. The course begins with the definition of common concepts in the discipline. Then we discuss two important cycles:

  1. Procurement Cycle
  2. Purchase-to-Pay (P-2-P) Cycle

We will take a look at how to develop tender documents and how to develop a winning bid. Also, contracts are legally binding documents, therefore, Students will be taught on various aspects of contract management. These include, different types of contract relationships, conditions and terms. Also risks attached to managing contracts will also be discussed. Participants will be engaged through out the course with the use of tasks, discussions and assignments. On completion of the course, you can take any of the professional certifications in this field.

What Is The Procurement & Contract Management Course Syllabus?

  • Aspects of Procurement and Supply
  • The roles of Procurement and Supply
  • The 5 rights of Procurement and Supply
  • The Sourcing Process
  • Tender and Bid Management
  • Contractual Agreement for Supply
  • Foundations of Contract Performance
  • Managing non-performance
  • Assessing Contractual Risks
  • Contract Management

What Training Materials/Resources Do I Need For The Course?

  • The following training materials and resources will be needed for the course, but it will be provided by Piston & Fusion;
    • Student manuals
    • Training slides
    • Stationary
    • Tea & lunch

Procurement and Contract Management Training Location, Dates & Fees

Piston and Fusion offer the Procurement and Contract Management course in Nigeria in  our study centers in Lagos. For information on dates and fees for each location click on the calendar/fee tab or chat with us.

LAGOS – FEE: ₦ 69,000
Weekday: N/A
Weekend: Contact Us

Lagos Venue: 122a Obadina Street, Omole Phase 1 Ikeja Lagos

VIRTUAL | ONLINE– FEE: ₦ 59,000
Weekday: 28th – 30th September 2020 | 3 Days | Mon – Wed | 9am – 3pm
Weekend: N/A

People who enrolled for this course, also enrolled for the following courses

Business Process ManagementLean Process Improvement
Procurement, Logistics and Supply ChainMonitoring & Evaluation

Section 1: Aspects of Procurement

1
• Introduction
2
• What is purchasing?
3
• What is purchasing for?
4
• Procurement

Section 2: The Roles of Procurement and Supply

1
• Introduction
2
• Typical roles and responsibilities
3
• What do purchasers do?

Section 3: Benefits of Effective Procurement

1
• Procurement and Profitability

Section 4: The Sourcing Process

1
• Introduction
2
• Identification of needs
3
• The sourcing phase
4
• Contract Award
5
• Contract Documentation
6
• The Post-award Phase
7
• Pre-award and Post-award Stages

Section 5: Tender and Bid Management

1
• Understanding the bid management process
2
• Knowledge management for bid writers
3
• Bid management basics
4
• Bid management basics
5
• Tender Document
6
• Important Sections in a Tender Document
7
• How to make your bid stand out
8
• Writing a successful tender response
9
• Checking and submitting a tender bid

Section 6: Contractual Agreement for Supply

1
• Introduction
2
• One-off Purchases
3
• Standing Offer
4
• Blanket Ordering
5
• Call-off Contracts
6
• Framework Agreements
7
• Services Contracts
8
• Hiring and Leasing

Section 7: Foundation of Contract Performance

1
• Introduction
2
• Elements of a Binding Commercial Agreement
3
• Contract Terms
4
• Express and Implied Terms
5
• Express terms relating to performance of contract

Section 8: Managing Non-Performance

1
• Introduction
2
• Performance and non-performance of contract
3
• Vital and non-vital contract terms
4
• Identifying non-conformance
5
• Remedies for breach of contract
6
• Limitation of Liability
7
• Termination of Contract

Section 9: Assessing Contractual Risks

1
• Introduction
2
• Risks impacting on relationships
3
• Internal and External Risks
4
• Legal and Performance-based Risks
5
• Reputational and relationship risks
6
• Information risks
7
• Assessing contractual risks

Section 10: Contract Management

1
• Introduction
2
• The contract management process
3
• Planning and governance of contract management
4
• Responsibilities of the contract manager
5
• Contract administration

Be the first to add a review.

Please, login to leave a review

Partners

Companies we have trained

image

image

image

image

Add to Wishlist
Enrolled: 250 students
Duration: 3 days
Lectures: 56
Level: Intermediate

Archive

Working hours

Monday9:30 am - 6.00 pm
Tuesday9:30 am - 6.00 pm
Wednesday9:30 am - 6.00 pm
Thursday9:30 am - 6.00 pm
Friday9:30 am - 5.00 pm
SaturdayClosed
SundayClosed