Project Procurement Management
Course Description
Many project managers manage projects where some or all of the resources are external to the organisation, and their relationship to the project is defined by a legal contract of some sort. Project managers must learn to act in an effective, positive and safe manner in such an environment. This course is based on the Project Management Body of Knowledge (PMBOK® Guide) to managing projects. (PMI is the author and owner of the PMBOK® Guide titled “A Guide to the Project Management Body of Knowledge”). This is a global standard of best practice which covers most aspects of managing a project. However, this particular course focuses on the problems of managing contract resources.
Course Duration
2 days
Course Objectives
On completion of this course delegates will have clear practical approaches to producing effective contracts during the initiation and planning phases, and using those contracts to run the project effectively through execution and
control right on to project closeout.
control right on to project closeout.
Course Content
Course Introduction
Administration, Objectives; definition of the contract management process, and an overview of the PMBOK viewpoint.
The Role of the Project Manager
Authority; agency; roles of personnel on both sides
Contract Law Overview
Definition of contract; roles and responsibilities; terms and conditions; remedies; contract provisions
Contract Methods
Competitive and non-competitive; sealed bids, auctions; purchase agreements; single-source and sole-source negotiation and supply
Types of Contract
Incentive; fixed-price; time and materials; cost-reimbursement;
Procurement Planning and Solicitation
Preparing proposals; requests for bid, proposal
Source Selection
Selection criteria; evaluation procedures and standards; negotiations; tactics of both sides
Contract Administration
Policies for administration and communication; contract analysis; performance and progress; records and
documentation
Managing Changes
Changes; claims; disputes
Contract Closeout
The PMBOK processes for closeout
Exercises
There is a series of exercises with some role-play on this course, to illustrate the main learning points. These exercises are based on one case-study scenario, which progresses through all of the project lifecycle, enabling delegates to apply all of the techniques at the appropriate times.
Administration, Objectives; definition of the contract management process, and an overview of the PMBOK viewpoint.
The Role of the Project Manager
Authority; agency; roles of personnel on both sides
Contract Law Overview
Definition of contract; roles and responsibilities; terms and conditions; remedies; contract provisions
Contract Methods
Competitive and non-competitive; sealed bids, auctions; purchase agreements; single-source and sole-source negotiation and supply
Types of Contract
Incentive; fixed-price; time and materials; cost-reimbursement;
Procurement Planning and Solicitation
Preparing proposals; requests for bid, proposal
Source Selection
Selection criteria; evaluation procedures and standards; negotiations; tactics of both sides
Contract Administration
Policies for administration and communication; contract analysis; performance and progress; records and
documentation
Managing Changes
Changes; claims; disputes
Contract Closeout
The PMBOK processes for closeout
Exercises
There is a series of exercises with some role-play on this course, to illustrate the main learning points. These exercises are based on one case-study scenario, which progresses through all of the project lifecycle, enabling delegates to apply all of the techniques at the appropriate times.
Who should attend?
This course is designed for project managers who must deliver project success using contract resources.
Pre-requisites
Delegates shoud have experience of working on projects or should be in a Project Management role.
Further Information
For delegates who wish to apply for or maintain accreditations offered by the Project Management Institute (PMI®) this course gives 13 Professional Development Units (PDU’s).
