CODE: PS06
DURATION: 5 Days/10 Days
CERTIFICATIONS: CPD
Procurement contract management is vital for achieving organizational goals, ensuring compliance, and mitigating risks. This course therefore explores the complexities of procurement contracts and performance management, equipping participants with the skills and knowledge to succeed. Focusing on best practices, proven strategies, and real-world applications, attendees will learn to draft, negotiate, manage, and evaluate contracts to maximize value and reduce risk.
This course is available in the following formats:
Virtual
Classroom
Request this course in a different delivery format.
Course Outcomes
Delegates will gain knowledge and skills to:
Explain the key components and legal requirements of procurement contracts.
Construct tailored contracts that align with organizational needs and goals.
Use effective negotiation strategies to secure favorable contract terms.
Develop performance metrics and KPIs to evaluate contract success.
Implement strategies to monitor compliance and performance throughout the contract lifecycle.
Foster strong supplier relationships to support contract fulfillment.
Identify risks in procurement contracts and apply mitigation strategies.
Leverage case studies to adopt best practices and improve contract management efficiency.
At the end of this course you’ll understand:
ü
Introduction to Procurement Contracts
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Designing Effective Procurement Contracts
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Negotiation Strategies for Procurement Contracts
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Performance Metrics and KPIs
ü
Monitoring Contract Performance
ü
Managing Supplier Relationships
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Risk Management in Procurement Contracts
ü Case Studies and Best Practices in Procurement Contract Management
The course has been designed to benefit procurement professionals, contract managers, and supply chain experts aiming to enhance their skills in drafting, managing, and evaluating contracts. Business leaders and executives seeking to optimize procurement practices and mitigate risks will also gain valuable insights. Legal advisors, consultants, and project managers responsible for ensuring compliance and aligning contract performance with organizational goals will find this course beneficial.
✓ Modern facilities
✓ Course materials and certificate
✓ Accredited international trainers
✓ Training materials and workbook
✓ Access to online resources
