PROCUREMENT MANAGEMENT

An Ultimate Guide to Procurement / Purchase Management for Managers, Engineers, Entrepreneurs and Students

Although the word procurement or purchase implies to be a mere transaction involving a buyer and seller, it requires execution on multiple fronts such as technical, commercial, legal, interpersonal and managerial. Individuals with knowledge of procurement process can reduce lapses in management or communication and ensure organizational success.  

To help professionals and students understand the process and perform better, this course focuses on delivering a comprehensive understanding of the management and practical aspects involved in procurement.

This course is suitable for students and professionals in construction, oil and gas, engineering, manufacturing, interior design, textiles or apparel.

Course Highlights / Benefits

*         Making Buy or Build Decisions

*         Supplier Evaluation

*         Work Breakdown and Resource Calendar

*         Types of Procurement Contracts

*         Contract Terms and Documents

*         Delivery Terms - Incoterms

*         Procurement Activities and Documents

*         Basics of Dispute Resolution

*         Earned Value Management

*         Risk Management