Introduction
Effective procurement and contract management are crucial for delivering projects on time, within budget, and in compliance with regulations. This course offers a complete guide to procurement processes and contract management practices needed for project success. Participants will explore key procurement strategies, different types of contracts, and smart negotiation techniques. Plus, they’ll learn how to manage supplier relationships with ease. By course end, you’ll be equipped with the skills to confidently navigate procurement and ensure your project goals are achieved efficiently.
Course Outline
- Module 1
- Module 2
- Module 3
- Module 4
- Module 5
- Course Objectives
- Target Audience
Procurement Management
- Significance of procurement in projects
- Identifying project requirements
- Key components of procurement strategy.
- Types of procurement methods.
- Evaluating potential suppliers.
- Supplier collaboration for project success.
Conducting Procurements
- Requests for Proposals (RFPs) and Invitations to Tender (ITTs).
- Evaluating supplier proposals.
- Strategies for negotiation with potential suppliers.
- Fixed-price, cost-reimbursable, and time-and-material contracts.
- Key legal terms and conditions in contracts.
- Steps for selecting the most suitable supplier.
Contract Management
- Responsibilities involved in managing contracts.
- Techniques for tracking contract terms compliance.
- Handling changes during contract execution.
- Dispute resolution techniques.
- Steps for concluding contracts.
- Assessing supplier performance post-contract.
Advanced Procurement Practices
- Incorporating sustainability into procurement strategies.
- Digital tools that facilitate the procurement process.
- Challenges of sourcing from international suppliers.
- Ethical and compliance issues in procurement practices.
- Supplier diversity in procurement processes.
- Strategies to improve procurement efficiency over time.
Supplier Relationship Management
- Supplier relationship management overview.
- Strategies for developing relationships with suppliers.
- KPIs for suppliers effectiveness and reliability.
- Techniques for negotiating long-term contracts.
- Dispute resolution and supplier relationship strategies.
By the end of this course, participants will be able to:
- Understand the fundamentals and significance of procurement in projects.
- Explore procurement strategies that perfectly match your project’s needs.
- Master contract management while staying compliant and handling risks smoothly.
- Bring sustainability, ethics, and diversity into your procurement decisions.
- Enhance supplier relationship management for long-term success.
- Use digital tools to make procurement easier and more efficient every day.
This course is ideal for:
- Procurement Managers/ Officers.
- Supply Chain Managers.
- Project Managers.
- Contract Managers.
- Legal Advisors.
- Operations Managers.
- Sustainability Officers.
- Risk Managers.
Course Schedule & Fees
- Kuala Lumpur
- Singapore
- Amsterdam
- Online
- Course Fees
This course will take place in Kuala Lumpur on the following dates:
| 26/05/2025 | 09/06/2025 | 23/06/2025 | 07/07/2025 |
| 21/07/2025 | 04/08/2025 | 18/08/2025 | 01/09/2025 |
| 15/09/2025 | 29/09/2025 | 13/10/2025 | 27/10/2025 |
| 10/11/2025 | 24/11/2025 | 08/12/2025 | 22/12/2025 |
| 05/01/2026 | 19/01/2026 | 02/02/2026 | 16/02/2026 |
This course will take place in Singapore on the following dates:
| 19/05/2025 | 09/06/2025 | 30/06/2025 | 21/07/2025 |
| 11/08/2025 | 01/09/2025 | 22/09/2025 | 13/10/2025 |
| 03/11/2025 | 15/12/2025 | 05/01/2026 | 26/01/2026 |
| 16/02/2026 |
This course will take place in Amsterdam on the following dates:
| 26/05/2025 | 16/06/2025 | 07/07/2025 | 28/07/2025 |
| 18/08/2025 | 08/09/2025 | 29/09/2025 | 20/10/2025 |
| 10/11/2025 | 01/12/2025 | 22/12/2025 | 12/01/2026 |
| 02/02/2026 | 23/02/2026 |
This course will take place Online the following dates:
| 20/05/2025 | 17/06/2025 | 15/07/2025 | 12/08/2025 |
| 09/09/2025 | 07/10/2025 | 04/11/2025 | 02/12/2025 |
| 30/12/2025 | 27/01/2026 | 24/02/2026 |
| Kuala Lumpur | Singapore | Amsterdam | Online |
| USD$ 3,580 | USD$ 5,600 | USD$ 5,600 | USD$ 1,920 |
