PROCUREMENT AND CONTRACT MANAGEMENT

Course Description:
Procurement and Contract Management course provides a comprehensive understanding of the processes, principles, and best practices that guide effective acquisition and contract administration. Participants will explore topics such as procurement planning, tendering procedures, contract negotiation, and supplier relationship management. Through interactive sessions and case-based learning, learners will acquire practical skills to ensure transparency, cost-effectiveness, and compliance in managing procurement operations and contracts within both public and private sectors.

Learning Objectives:
• Understand the principles, policies, and frameworks governing procurement and contract management.
• Develop skills in procurement planning, tendering, and supplier evaluation for effective decision-making.
• Apply negotiation and contract drafting techniques to achieve value for money and mitigate risks.
• Enhance knowledge of ethical standards, compliance, and accountability in procurement processes.
• Implement monitoring and evaluation mechanisms to ensure performance and adherence to contractual obligations.

Presentation Benefits:
• Executive Slides: Detailed presentations covering procurement systems, legal frameworks, and contract lifecycle management.
• Videos: Insightful video lectures featuring expert analysis, real-life procurement cases, and contract management discussions.
• Books: Recommended readings that provide deeper insights into procurement ethics, negotiation strategies, and policy applications.

Methodology:
• Interactive Virtual Lectures: Expert-led sessions focused on practical procurement principles, compliance issues, and contract management scenarios.
• Collaborative Group Discussions: Engaging forums encouraging participants to share experiences, address procurement challenges, and propose solutions.
• Periodic Evaluation and Assessment: Monthly assessments designed to evaluate understanding and application of procurement and contract management concepts.
• Practical Assignments or Projects: Real-world projects where participants design procurement plans, draft contracts, or evaluate supplier performance for accountability and efficiency.

Target Audience:
• Procurement Officers and Managers
• Contract Administrators and Legal Advisors
• Project Managers and Coordinators
• Public and Private Sector Employees
• Supply Chain Professionals
• Entrepreneurs and Business Executives
• Students interested in procurement and contract management