Project Management Foundations: Procurement

Description

In this course, you will :

• Examine key concepts, pitfalls, critical success factors, and best practises for implementation.
• Understanding different procurement contract types will help you collaborate more effectively with your vendors and contract management team.
• Explore emerging trends such as rapid procurement and micro-purchases, which aid in procurement speed.

Syllabus :

1. Procurement Management Overview

• Define procurement management
• Project manager's role in procurement
• Key procurement management concepts

 

2. Common Procurement Pitfalls

• Dealing with conflicts of interest
• Failure to communicate objectives
• Use of blanket purchase agreements

 

3. Critical Procurement Success Factors

• Study best practices
• Tailor procurement techniques
• Reward behaviors and results
• Set up a contract change control system

 

4. Procurement Management Processes

• Plan Procurement Management
• Contract types
• Conduct Procurements
• Control Procurements

 

5. How to Implement Procurements

• Procurement research
• Procurement solicitation
• Procurement negotiation
• Procurement award
• Procurement administration
• Procurement closeout

 

6. Emerging Trends: Project Procurement Management

• Focus on rapid procurement
• Increase in reverse auctions
• Impact of technology

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