________________________________________________________________________________________________

Objectives

• The course is intended to enable participants to perform the tasks listed below :
• Incorporate the processes of the Procurement Management Knowledge Area into day-to-day project management activities.
• Describe the Procurement Management process interactions and data flow.
• Define a contract and identify the elements that make it legally binding.
• Identify various interpretations of contracts that may arise due to unclear writing.
• Describe factors involved in selecting a type of contract or contract variation.
• Conduct a make-or-buy analysis to determine a procurement strategy for a particular item.
• Identify key components of a procurement management plan.
• Define criteria to evaluate a seller.
• Use a weighting system to rate sellers proposals
• Create a records management system for project documents.
• Explain the process of completing and settling a contract, including resolution of any open items and closure of the contract

The Delegates

• Contracts, Purchasing, and Procurement personnel .
• Project, Engineering, Operational, and Maintenance, personnel who are involved in the planning, and execution of purchases and contracts .
• All involved in the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities .

The Contents

• Legal Concepts of Contracts :
• Overview of Legal Concepts of Contracts
• What Is a Contract?
• Five Elements of Contracts
• Contract Terms and Conditions
• Contractual Authority
• Contract Relationships
• Contract Interpretation
• Contract Conflicts
• Contract Types :
• Contract Types
• Fixed-Price Contracts
• Cost-Reimbursable Contracts
• Time and Material Contracts
• Contract Type Selection
• Additional Contract Types
• Plan Procurement Management
• Plan Procurement Management Process
• Inputs to the Plan Procurement Management Process
• Tools and Techniques for the Plan Procurement Management Process
• Outputs from the Plan Procurement Management Process
• Control Procurements :
• Control Procurements Process
• Inputs to the Control Procurements Process
• Tools and Techniques for the Control Procurements Process
• Outputs from the Control Procurements Process
• Close Procurements :
• Close Procurements Process
• Inputs to the Close Procurements Process
• Tools and Techniques for the Close Procurements Process
• Outputs from the Close Procurements Process
• Procurement Management for Sellers :
• Procurement from the Seller Perspective
• Business Development
• Proposal Preparation
• Contract Negotiation and Execution
• Contract Administration
• Contract Closure.
• Understanding What Logistics and the Supply Chain Are About :
• Definitions of logistics and Supply Chain management
• The interrelations and connections of Buying, Making, Moving, and Selling activities
• History and the development
• Understanding the Supply Chain dynamics
• Supply Chain Operations Reference Models (SCOR)
• The Theory of Constraints (TOC)
• Key Aspects and Rules of Supply Chain Management:
• The cost/service balance
• Customer service principles
• Internal organizational structures
• Inventory principles
• Lead times throughout the supply chain
• Adding value
• Production options/changes
• Trade off opportunities
• Warehousing Management
• Objectives and Functions of Warehousing Management
• Problems in Warehousing
• Usages of Information Technology in the Warehouse
• Inventory Classification and Inventory Record Accuracy
• The ABC Classification
• Uses of the ABC Classification
• Periodic and Cycle Counting
• Systems and Methodology of Counting
• Organizing the Storage and Material Handling
• Layout of the Warehouse
• Storage Utilization and Organization
• Stock Location
• Fixed Versus Random Location
• Material Handling Equipment
• How to Improve the Receiving/ Issuing Material Handling Operations
• Safety in the Warehouse
• Housekeeping and Safety in a Warehousing Environment
• Safety Hazards
• Unsafe Acts and Conditions
• Planning for Safety
• Dealing with People-related Warehousing Problems
• Staff Management
• Corrective Guidance
• Productivity in the Warehouse
• Definition of Productivity
• Causes of Lost Time
• Warehousing Management through Performance Analysis (KPIs)

The Discount

10% in case of Three P. (or more)