PROJ CE04 - Project Procurement and Contracts Management
Most projects typically require goods and services that must be acquired from outside the project team. This includes materials, equipment, consultants, and other products or services. Managing project procurements and contracts is an essential skill for the project manager in order to achieve the best value for the project. This course provides skills development training in managing the project procurement process covering the full procurement cycle using the standards and guidelines defined in A Guide to the Project Management Body of Knowledge (PMBOK), published by the Project Management Institute (PMI). Topics include planning for procurements, creating the procurement documentation, requesting proposals, evaluating proposals, negotiation, vendor selection and contract award, managing contract administration, and contract closeout.
This course is ideal for:
- Aspiring Project Managers
- Current Project Managers
- Team leaders and supervisors
- Consultants and Contractors
- Engineers, IT Professionals, and Developers
- Non-Profit managers
- Program Coordinators
- Project Officers
This course is appropriate for people who manage projects, teams, programs, or stakeholders, and is suited for project managers of all levels of experience. For new project managers, it offers new skill sets, for more experienced project managers, it offers a project management methodology that is consistent with standards of the Project Management Institute (PMI), the professional association for project managers.
This course is appropriate for those who are working towards their PMP® and CAPM® certification. The course is non-sector specific and the content applies to all industries.
Master procurement skills and strategies that enable you to:
- Understand the procurement processes
- Select the best procurement strategy for your project
- Use the best contract to manage risk
- Create a process for advertising procurements, evaluating submissions, and awarding contacts
- Manage contracts and control changes
- Manage payments and claims
- Close out the contract
Topics Covered
- Planning for procurements
- Sourcing qualified vendors
- Creating the procurement documentation
- Different kinds of contracts and which type of contract to use
- Preparing requests for proposals and bids
- Proposal and bid solicitation
- Evaluating proposals and bids
- Negotiation, vendor selection, and contract award
- Managing contract administration
- Contract payments and close-out
- Risks in contracting, strategies
Professional Development Credits
Participants earn
- 15 hrs of approved project management education credits towards new applications for Project Management Professional (PMP)® and Certified Associate in Project Management (CAPM)® Certification from PMI.
- 15 PDU, professional development credits towards maintain PMP® credentials.
What participants receive
- Two full days of instruction
- Comprehensive PM reference binder
- Certificate of completion
- Project manager’s toolkit
- 15 hrs of approved project management education credits towards new applications for Project Management Professional (PMP)® and Certified Associate in Project Management (CAPM)® Certification from PMI.
- 15 PDU, professional development credits towards maintain PMP® credentials.
There is no prerequisite for this course.
Duration 16 hours
Format Online/Video, synchronous
This hands-on course includes instruction and exercises that reinforce the learning. Participants are grouped in teams that plan and manage real projects using the tools and techniques presented in class.
How do I access my Online/Video course?
Livestream login This course is offered in an online/video format. Meeting links, materials and login information will be sent via email to participants one week prior to the start of the course.
Technological requirements This workshop requires the use of a computer, as well as a reliable internet connection.
Withdrawal 7 days prior to course start time: Full Refund
Withdrawal after 7 days: No Refund
Please refer to the Tuition Refund policy.
This policy applies to all students taking credit courses at Yukon University and all noncredit students taking courses through the Continuing Studies division with Yukon University.
PROJ CE04