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Project Procurement Fundamentals - Los Angeles, CA - Aug 28-29

Written By: Chris Akins Posted On: July 14. 2008 | Comments: (0)

Duration: 2 Days                                            Contact hours: 16 hours
Course level: Beginner to Intermediate             Price: $1050

Improve project performance through effective procurement activities.

For many projects procured goods and services account for 60% or more of project expense. Effective procurement management for these projects is often the difference between project success and failure. This course is designed to equip project professionals, or supply chain/procurement professionals, with the skills and knowledge necessary to effectively identify, select and manage suppliers in a project environment.

Prerequisites:
Attendees should have a basic understanding of project management, supply chain management, or purchasing activities.

What you will gain from this course:
•The knowledge and skills necessary to apply procurement and contract management processes in a project environment.
•Understanding of the supplier identification and selection processes.
•Fundamentals of contract management.
•Ability to develop and execute project sourcing strategies

Who should attend this course:
•Project managers, procurement managers, contract managers, or others who are involved with sourcing and procurement of goods and services for projects.

Course agenda:
The procurement process
•Sourcing and procurement fundamentals
•Special considerations for procuring in a project environment
•Procurement and contract terminology
•Basics of procurement strategy
•Primary activities of project procurement.

Procurement planning
•Developing the project procurement plan
•Integration of project scope and procurement strategy
•Procurement’s role in the project team
•Supplier identification
•Contract types

Sourcing for projects
•Sourcing strategies
•Integration of procurement strategy and project sourcing
•Evaluating supplier proposals

Contract negotiation and administration
•Contract negotiation strategies
•Elements of a contract
•Contract performance measures
•Contract closure

 


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