Project Management Training

Project Procurement and Contract Management

We will guide you through procurement practices, solicitation of bids, contract negotiations and provide a taste of contract law. This 1 day course will provide the basic tools required for project managers in these areas. It will also offer you an insight into the role of the procurement officer on a project team.

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Intermediate Course

Course Name

Project Procurement and Contract Management

Duration and Credits

1 Day / 7 PDUs
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Course Description:

Procurement management, and especially contract administration, has become essential project management skills in today’s trend of outsourcing all but the company’s core competencies.

 

We will guide you through procurement practices, solicitation of bids, contract negotiations and provide a taste of contract law. This 1 day course will provide the basic tools required for project managers in these areas. It will also offer you an insight into the role of the procurement officer on a project team.

LEARNING OBJECTIVES

Participants will gain practical skills to:

Use proven techniques, tools and skills for managing contracting and procurement on projects

Know how to plan and control procurement management scope of work

Know how to effectively select procurement personnel for your project

Understand and use the procurement management terminology

Make a plan for enhanced procurement management efforts for your project

WHO SHOULD ATTEND

The Project Procurement and Contract Management Course is appropriate for individuals who are:

Project Managers

Working on a team and/or projects

Managing a team and/or projects

Interested in improving your Project Management skills and increase understanding of roles and responsibilities of procurement on a project

Purchasing Professionals who want to make a transition into a project environment

EARN A CERTIFICATE

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By completing 10 days of Project Management Training at Laurentian University you can earn a Project Management Certificate.

 

By completing the Laurentian University Project Management Certificate you will have acquired enough PDU’s (Professional Development Units) to write your PMP Exam with the Project Management Institute and acquire your PMP accreditation.

 

Learn More

Upcoming Course – Spring 2020 – Online

No Offerings Scheduled

Alumni & PMI-NOC Discount

Alumni & PMI-NOC Discounts:

 

The Goodman School of Mines offers a 10% discount to all Laurentian Alumni and PMI-NOC members. This discount can only be applied to the regular rate of the course and NOT the early-bird rate.

 

Please contact us to obtain your discount code.

 

Contact Us

Staff and Faculty Discounts

Staff and Faculty Discounts:

 

The Goodman School of Mines offers a discount for all Laurentian University Staff and Faculty. Please see the rates below with a link to the registration form.

Staff and Faculty Discounted Rate:

Project Procurement and Contract Management – $499 +HST per person

 

Staff and Faculty Registration

Canada Ontario Job Grant

What is COJG Funding?

 

The Canada-Ontario Job Grant (COJG) is an Ontario government funding program that offers training grants to employers. Through the program, companies may receive non-repayable funding from the government to purchase third-party business training programs, including training for in-demand skillsets. Training is expected to improve the employability and value employees can provide; including new hires in these training sessions can also maximize your funding potential.

COJG funding can reduce the cost of training employees by up to 50-83%. This can cover up to $10,000 to $15,000 in training costs per trainee.

Cancellation Policy

Cancellation Policy:

 

1. Cancellation 4 weeks prior to a course is a full refund less a $100 penalty for processing or held on credit (no fee) for another course offering and can be used by anyone in the company/ organization for 1 year.

 

2. Cancellation within 4 weeks of the course – 50% penalty or held on credit (no fee) for another course offering and can be used by anyone in the company/ organization for 1 year.

 

3. Cancellation within 1 week of course – 100% penalty or held on credit (no fee) for another course offering and can be used by anyone in the company/ organization for 1 year.

 

Extenuating circumstances will be reviewed on a case by case basis.

Project Procurement and Contract Management

Course Details

WHAT WILL YOU LEARN?

Introduction

  • Procurement objectives
  • Exercise: Introduction
  • Procurement management processes
  • The integration model

 

Plan Purchases and Acquisitions

  • Defining the requirements
  • Exercise: make or buy
  • Exercise: contract packages breakdown
  • Procurement schedule
  • Budget by contract package
  • Target quality levels
  • Exercise: procurement organization
  • Exercise: sourcing the vendors
  • Exercise: specification types
  • Exercise: contract types
  • Exercise: procurement plan

 

Plan Contracting

  • Purchase requisition
  • Solicitation package
  • Invitation to bid
  • Bid and contract security
  • Terms and conditions
  • Standard forms
  • Exercise: pre-qualifying vendors
  • Partnering

 

Plan Contracting

  • Communication rules

Select Sellers

  • Price fixing
  • Exercise: Bid evaluation matrix
  • Communication rules during bid evaluation
  • Contract award

 

Contract Administration

  • Controlling scope, cost, schedule, quality and risk
  • Material handling
  • Disputes
  • Exercise: waiver of contract rights

 

Contract Closure

  • Contract documentation
  • Product verification
  • Work documentation
  • Formal acceptance
  • Procurement audits
  • Exercise: lessons learned
  • Post-contract vendor evaluations
  • Historical data base

 

Contract Law

  • 5 conditions for contract to exist
  • Exercise: battle of the forms
  • Key rules of contract law
  • Exercise: warranty vs. condition

 

Wrap Up

  • Course wrap Up
  • Class lessons learned review
  • Class evaluations

PREREQUISITE

It is recommended that participants take a project management fundamentals course (such as our 3-day Project Management Essentials) before taking this course.

COURSE MATERIALS

You will receive a course binder containing copies of presentation slides, case studies, exercises and suggested solutions.

You will earn one day towards the Laurentian University Project Management Certificate. You will only need to complete the Project Management Essentials course and 6 more days of Project Management Training to obtain your certificate.

You will earn a certificate of completion and 7 PDU’s.

COURSE INSTRUCTOR

Spring 2020:

Project Procurement and Contract Management

Peter Monkhouse,

BSc, MBA, PMP, PEng

Procepttransparent

Procept is the service provider for all of our Project Management courses at Laurentian University.

 

Procept Website

QUESTIONS?

Please contact us if you have any questions.

COURSE SELECTION

View our upcoming Project Management courses.