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Advanced Project Procurement Management

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Advanced Project Procurement Management

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 success.

Procurement and contract management address the needs of various types of procurement activities, including service acquisition, intellectual property considerations, government requirements and more. This is an exercise centered course that uses real world case situations.

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
You’ll learn how to:
�Apply procurement and contract management techniques to the PM process
�Select the right sellers based upon a concise RFP with clear selection criteria that leads to easy evaluation of proposals
�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 contracts to ensure that they contain sufficient information to accurately describe the agreement and enable effective control
�Close contracts effectively to address the relationship between client and supplier, termination, retention of information and lessons learned

Course Overview
The Procurement Process
�Critical procurement issues and the role of project management
�Procurement steps and models
�Buyer/seller relationships
�Common procurement terms
�Types of procurement and acquisition

Planning Purchases and Acquisitions
�Procurement planning checklist
�Establishing the procurement team
�Organizational procedures and procurement
�Selection of contract type
�Procurement management plan

Defining Procurement Requirements
�Scope management and the procurement requirements link
�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 forms and conditions
�Evaluation criteria
�Special and general conditions

Requesting Seller Responses
�Key pre-bid activities
�Methods to request seller responses
�Proper form and format of proposals
�Elements of a proposal
�Joint venture procurements

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


A Classroom course provided by International Institute for Learning, Inc. in Atlanta, Madison, Pasadena, United States

Advanced Project Procurement Management (Live eLearning)

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 success.

Procurement and contract management address the needs of various types of procurement activities, including service acquisition, intellectual property considerations, government requirements and more. This is an exercise centered course that uses real world case situations.

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
You’ll learn how to:
�Apply procurement and contract management techniques to the PM process
�Select the right sellers based upon a concise RFP with clear selection criteria that leads to easy evaluation of proposals
�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 contracts to ensure that they contain sufficient information to accurately describe the agreement and enable effective control
�Close contracts effectively to address the relationship between client and supplier, termination, retention of information and lessons learned

Course Overview
The Procurement Process
�Critical procurement issues and the role of project management
�Procurement steps and models
�Buyer/seller relationships
�Common procurement terms
�Types of procurement and acquisition

Planning Purchases and Acquisitions
�Procurement planning checklist
�Establishing the procurement team
�Organizational procedures and procurement
�Selection of contract type
�Procurement management plan

Defining Procurement Requirements
�Scope management and the procurement requirements link
�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 forms and conditions
�Evaluation criteria
�Special and general conditions

Requesting Seller Responses
�Key pre-bid activities
�Methods to request seller responses
�Proper form and format of proposals
�Elements of a proposal
�Joint venture procurements

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

A Online course provided by International Institute for Learning, Inc. in New York City, New York, United States

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