Quodrat

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  • Program Name

    Contracts Management

  • Duration

    5 days

Description

For any organization to be successful it is essential that a contract management function is in place, with the right knowledge and skills to carry out procurement activities effectively. This requires one or more individuals who can create and manage the organization’s relationships with vendors, service suppliers and contractors. Procurement is often carried out through Competitive Tendering. Partnering is a broad term used to describe a more collaborative approach between the parties in developing and operating a contract. Competitive tendering and partnering might therefore be considered as opposite ends of a procurement spectrum. Somewhere between these two extremes is the right approach for your organization’s next purchasing activity.

This highly interactive training course explores and explains best practice approaches to Procurement, Tendering and Partnering. The participants will be able to apply the learning to their own organization’s contract management practices. The outcome will be a better understanding of the essential facets of Procurement, Tendering and Partnering.

Objectives

  • Explain the What, Why, When, How, Where and Who of engagement and management of vendors, service suppliers and contractors
  • Demonstrate their knowledge about how to transfer risk through different contract types
  • Discuss the key elements of the Procurement Process
  • Define partnering and explore the challenges and opportunities of partnering approaches
  • Explore the format, content and value of competitive procurement