Managing the Procurement Process

The purpose of the Procurement Management Plan is to define the procurement requirements for the project and how it will be managed from developing procurement documentation through contract closure.

•         Items to be procured with justification statements and timelines
•         Type of contract to be used
•         Risks associated with procurement management
•         How procurement risks will be mitigated through contract performance metrics, insurance, or other means
•         Determining costs and if/how they’re used as evaluation criteria
•         Any standardized procurement templates or documents to be used
•         How multiple suppliers will be managed if applicable
•         Contract approval process
•         Decision criteria
•         Establishing contract deliverables and deadlines
•         How procurement and contracts are coordinated with project scope, budget, and schedule
•         Any constraints pertaining to procurement
•         Direction to sellers on baseline requirements such as contract schedules and work breakdown structures (WBSs)
•         Vendor Management
•         Identification of any prequalified sellers if applicable
•         Performance metrics for procurement activities

FOR WHOM:

Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.