Procurement and Contract Management

University of Connecticut - Stamford
Stamford, Connecticut, United States

Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced

Course Description:

'' A critical aspect of project management involves negotiating with vendors, suppliers and subcontractors external to the project. A thorough understanding of procurement and contract management is an essential skill for today’s project manager.



After establishing a common understanding of project management, the course covers the various activities that make up a contract life cycle. These activities include: understanding the enterprise outsourcing strategy; outsourcing requirements, advantages and disadvantages; make/buy/lease approach to outsourcing; the legal aspects of contracting; the importance of defining a solid statement of work for the contract; the risk and reward of strategic teaming agreements; contract planning and scheduling, and contract performance from the client-supplier perspective. The course will also cover negotiating strategies and successful supplier management.



Course material employs the Project Management Institute’s (PMI®) terminology and covers processes & knowledge areas that are consistent with “A Guide to the Project Management Body of Knowledge (PMBOK Guide®).� Although the course focuses on the formal contractual relationship between a buyer and seller, many of the concepts can be applied to non-contractual, formal agreements that are made within the organization.



Intended Audience:

Project managers, program managers, project leaders, key stakeholders and critical project team members who deal with outside suppliers or consultants and wish to improve their understanding of procurement and contract management.



Prerequisites:

Participant should have completed the Project Management Overview or a similar introductory course.



Student Responsibilities:

In order for a class to be successful, all students should share the same general level of knowledge and experience. If a participant does not demonstrate these, the CITI instructor will take the necessary steps either to prepare the participant or place him/her in a more appropriate course. This policy is intended to maintain the high level of quality that you have come to expect from CITI.



Course Content:

Introduction

· Project Management Framework

· Project Life Cycle and Organization

· Project Management Processes



Procurement Management

· Plan purchases & acquisitions

· Plan contracting

· Request seller responses

· Select sellers

· Contract administration

· Contract closure


The Contract Process

· Requirements definition

· Make or buy decision

· Statement of Work

· Types of contracts

· Contract life cycle

· Negotiating strategies

· Supplier management

...''

Phone:(203) 251-8400

School Address:

University of Connecticut - Stamford
One University Place
Stamford, CT 06901 USA


Jobs & Resumes: Stamford
Houses & Roommates: Stamford

Publisher 2003
PowerPoint 2003
Project 2003
Excel 2003
Excel 2003,VBA
Project Management Overview
Developing an Effective Program Management Office
Project Management Workshop and Applications
Strategic Portfolio Management
Program Management Professional (PgMP)
Project Leadership, Team Building, and Communications
Project Requirements, Quality and Integration
Project Risk Management
Scope Planning, Scheduling and Cost Management
PMP Exam Prep
Earned Value Analysis & Performance Metrics
Information Technology (SDLC) Systems Development Life Cycle
English as a Second Language
TOEFL Prep.

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