The 8-week Professional Development Certificate in Procurement and Contract Management is a comprehensive online program designed to provide in-depth knowledge and skills in procurement and contract management. This course is tailored for professionals seeking expertise in the strategic and operational aspects of procurement, contract negotiations, legal frameworks, and supplier relationship management. It is aimed at enhancing the abilities of participants to manage procurement and contracts effectively in diverse organizational settings.
Aims:
- To provide participants with a thorough understanding of procurement processes and contract management principles.
- To develop skills in negotiating, drafting, and managing contracts effectively.
Objectives:
- Understand the fundamental concepts and best practices in procurement.
- Learn the intricacies of contract negotiations and legal aspects of contracting.
- Develop skills for effective supplier management and ethical procurement.
- Gain expertise in managing the entire contract lifecycle from initiation
Upon completing the program, participants will:
- Have a comprehensive understanding of procurement strategies and processes.
- Be adept at negotiating and managing contracts within legal frameworks.
- Effectively manage supplier relationships and procurement ethics.
- Handle the entire contract lifecycle, including risk management and dispute resolution.
Course Outline
Week 1- Week 2: Fundamentals of Procurement
- Principles of procurement, strategic sourcing, and procurement planning.
Week 3 - Week 4: Contract Negotiations and Legal Aspects
- Techniques in contract negotiation, understanding legal considerations, and contract types.
Week 5: Supplier Relationship Management
- Strategies for managing supplier relationships, performance evaluation, and ethical considerations.
Week 6: Procurement and Contract Risk Management
- Identifying and managing risks in procurement and contracts.
Week 7: Contract Administration and Compliance
- Effective contract administration, ensuring compliance, and handling contract variations.
Week 8: Contract Closure and Evaluation
- Steps for contract closure, evaluation, and lessons learned in contract management.
Assessment and Certification:
- Participants will be evaluated through assignments, case studies, and a final project related to procurement and contract management.
- Upon successful completion, a Professional Development Certificate in Procurement and Contract Management will be awarded, signifying proficiency in this specialized field.