Project Procurement & Contract Management

 

Introduction:

Procurement is the process by which an organization secures the necessary raw materials, goods and services that it requires to carry out its projects. Gaining an understanding of the role of procurement in the accomplishment of strategic objectives will enable will enhance the effectiveness of an organization’s operations. This stimulating and informative course will explore areas such as:

· The role of procurement in achieving strategic goals

· The relationship between contract type, performance, and risk

· Why lowest price does not always equal best value to the organization

· How to protect the organization’s interests during the performance of contracts

 

Course Objectives:

By the end of this course, delegates will be able to:

 

· Understand the processes for good project procurement and contract management

· Develop contract strategies

· Be able to achieve better outcomes in procurement of goods and services

· Understand the essential elements of a contract, and their importance

· Develop strategies for negotiating contracts

· Review contract management processes and issues

· Understand contract termination issues

· Learn how to be prepared for claims and disputes

 

Who Should Attend?

Individuals from all industries, government bodies, non-profit organizations and anyone who are interested in learning techniques for establishing and managing contracts in a project environment will find this course valuable. This course will be of especial interest to Program managers, Procurement managers, Project team members, Administrators responsible for managing contracts and projects, Technical professionals and engineers involved in contract and project work

 

Course Outline:

The Purpose of Procurement

· Definition

· Trends

· Strategic Importance

· Objectives and Strategies in the Procurement Process

· Make or Buy?

· Understanding the Marketplace

· How to Procure

 

Selecting a Vendor

· Risks and Contracts

· Types of Contracts

· Firm Fixed Price

· Fixed Price Incentive

· Cost plus Incentive

· Cost plus Fixed Fee

· Cost plus Percentage of Cost

· Consultant Agreements

· Other Types of Arrangements

· Design and Build

· Management Contracting

· Partnering

· Framework Agreements

· Joint Ventures

 

Vendor Selection and Negotiation

· Tendering and Award of Contract

· Terms and Conditions and Their Impact on a Contract

· Preparing to Negotiate

· The Process of Negotiation

· Negotiating Tactics

 

Contract Administration

· Pre-Commencement Meeting

· Monitoring Performance

· Delays and Disruptions

· Progress Payments

· Changes and Variations

· Claims and Disputes

· Termination of Contracts

 

Contract Closure

· Completion

· Acceptance

· Handover

· Dealing With Defects

· Guarantees and Warranties

· Post Contract Review Lessons Learned

 

COURSE LOCATIONS

Code From To City Fees
PM02 23 Feb 2020 05 Mar 2020 Cairo US$ 6500 Register
PM02 20 Apr 2020 01 May 2020 London US$ 8000 Register
PM02 07 Jun 2020 18 Jun 2020 Dubai US$ 7000 Register
PM02 03 Aug 2020 14 Aug 2020 Istanbul US$ 7500 Register
PM02 26 Oct 2020 06 Nov 2020 Kuala Lumpur US$ 7500 Register
PM02 07 Dec 2020 18 Dec 2020 California US$ 9000 Register


DUBAI OFFICE

Ittihad Deira Building,
Al Ittihad Rd, Deira
Dubai,
UAE

info@petrogas-training.com

USA OFFICE

642 E14 Street,
10009-13 Manhattan,
New York (NY)
USA

info@petrogas-training.com

EGYPT OFFICE

52 General Kamal Hejab Street,
Suez Bridge,
Cairo,
Egypt

info@petrogas-training.com
 

COURSE CERTIFICATE

Certificate of Completion will be provided to the candidate(s) who successfully attend and complete the course. Training hours attendance percentage of 75% is required.


TRAINING HOURS

Standard course hours: 8:30 A.M. to 3:30 P.M. Informal discussions: 4:30 P.M. to 5:30 P.M.


TRAINING METHODOLOGY

We use a blend of interactive and hands-on methods, active participation, a variety of instructional techniques, dynamic presentations, individual and group exercises, in depth discussion, DVD’s, role-plays, case studies, examples. All of the information, competencies, knowledge and skills acquired within our training programs, are 100% transferrable to the participants’ workplace.


ASSESSMENT & EVALUATION

Pre-Test and Post-Test Assessment are applied on 5-day and 10-day programs. Also, post course evaluation and candidate’s evaluation are applied to add another level of quality measurement. Candidates’ feedback is highly appreciated to elevate the training service quality.


ORGANIZATIONAL IMPACT

A- Have staff trained in the latest training and development approaches

B- Support nationalization and talent management initiatives

C- Have properly trained and informed people who will be able to add value

D- Gain relevant technical knowledge, skills and competencies


PERSONAL IMPACT

A- Develop job related skills

B- Develop personal skills in subject matter

C- Have a record of your growth and learning results

D- Bring proof of your progress back to your organization

F- Become competent, effective and productive

G- Be more able to make sound decisions

H- Be more effective in day to day work by mastering job-related processes

I- Create and develop competency to perform job well


FREQUENT NOMINATIONS SCHEME

A- 10% discount after 05 candidates’ registration.

B- 15% discount after 10 candidates’ registration.    

C- 20% discount after 20 candidates’ registration.

D- 25% discount after 25 candidates’ registration.

E- 30% discount after 30 candidates’ registration

F- Higher discount rates will be offered based on work volume with different clients.  


SEVERAL NOMINATIONS ON THE SAME COURSE SCHEME

A- One extra free seat is offered on 4 candidates on the same course and dates.

B- Two extra free seats are offered on 6 candidates on the same course and dates.

C- Three extra free seats are offered on 8 candidates on the same course and dates.

D- Four extra free seats are offered on 10 candidates on the same course and dates.

E- Five extra free seats are offered on 12 candidates on the same course and dates.


REGISTRATION POLICY

Nominations to our public courses are to be processed by the client’s Training and/or HR departments. A refund will be issued back to the client in the event of course cancellation or seat unavailability. A confirmation will be issued to the relevant department official(s). 


CANCELLATION POLICY

If a confirmed registration is cancelled less than 5 working days prior to the course start date, a substitute participant may be nominated to attend the same course or a 20% cancellation charge is applied. In case of a no-show, a 100% fee will be charged.


PAYMENT POLICY

Payment is due upon receiving the course confirmation, invoice and/or proforma invoice. However; the fee due can be wire transferred to our bank account directly after course completion. Our bank details are illustrated on the confirmation, invoice and proforma invoice, as well. The above documents can be communicated electronically, i.e., in a soft copy or/and in hard copy based on customer’s request.


COPYRIGHT

© 2017. Material published by PETROGAS shown here is copyrighted. © 2017. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing in any medium, transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.