Project Procurement and Contracting

Are you looking to mitigate risk and ensure contract compliance to ensure the timely delivery of projects? This course examines the processes of sourcing, tendering and contract award, as well as the fundamental elements of contract development to ensure compliance with contract terms and conditions and avoid cost overruns and late delivery.


Why Attend

6 Key Learning Benefits

Manage the tendering process based on advanced selection criteria and methods that will ensure that only the best in the business are selected for your organisation
Clearly define and document the contractual relationships to enable both parties to perform according to the terms of the contract
Examine the processes of sourcing, tendering and contract award, as well as the fundamental elements of contract development to ensure compliance and avoid cost overruns and late delivery
Use a systematic approach to the planning, development, negotiation and formulation of effective contracts
Explore the critical activities to be performed during the pre-award, award, and post-award stages of the tendering and contracting processes
Discuss in detail the fundamental differences and business applications of the three primary contract types - Fixed Price, Cost Plus and Incentive Contracts


Who Should Attend?

The course is designed for project and procurement managers, contract managers, buyers, purchasing managers, construction managers, and other staff requiring advanced skills to face the challenges involved in major contracting and subcontracting activities.

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