Project Procurement Management

Overview

12 PDUs

Procuring complex goods and services is a necessary facet of most projects. Some projects are even effectively entirely outsourced.  The more complex and high-value the project, the greater the likelihood of a firm dependence on procured support. Project managers who implement and manage such projects are expected to be proficient in procurement. This workshop will guide participants in how to manage project procurement over the phases of the project procurement life cycle, including planning, implementation, administration, monitoring, and close-out.

This workshop provides participants with the knowledge and practical skills needed to procure complex goods and services in support of the accomplishment of the project objectives.

We will examine helpful tools, techniques, and best practices for project procurement. Participants will improve their ability to implement contracts and manage contractors and consultants.

This course can provide up to 12 PDUs / contact hours towards attaining or maintaining the Project Management Professional (PMP)® designation. Participants must submit the request to PMI via the Continuing Certification Requirements System (CCRS).

Professional Development Units are allocated according to the number of training hours completed by the student and may be granted by increments of 0.25 PDU for each 15 minutes of training. A participation certificate will be given to students who attend a minimum of 75% of the course.

Topics

• Essential activities involved in project procurement
• Performing a thorough requirements analysis
• Understanding your options and formulating a procurement strategy
• Understanding performance-based contracting
• Developing a procurement plan and integrating it into the project plan
• Developing clear statements of work and specifications
• Developing robust and effective evaluation frameworks
• Conducting industry engagement and managing the solicitation process
• Framing contracts to hedge against risk
• Active monitoring of contract performance
• Addressing common contracting problems

Audience

• Project managers and project coordinators responsible for procuring complex goods and services in support of their projects
• Anyone who is, or will be, working in projects that involve significant procurement or outsourcing

Duration

Cost

• $1095 (plus tax)

Featured Instructor

Colin Lindsay has more than twenty-five years of experience teaching graduate-level project management, teaching for the University of Ottawa, the University of Québec, and several universities abroad. Colin holds a MPM (Master of Project Management), an M.Sc. in Physics, and is a certified PMP® (Project Management Professional). He draws on his extensive experience managing complex IM/IT, organizational development, and outsourcing projects that have helped numerous organizations achieve their strategic objectives. His knowledge and enthusiasm enable him to convey complex concepts in an easy-to-absorb way.

Sessions