IP240 | Length: 1-2 days | Credits: 14 PDUs | Talent Triangle – Technical
This workshop is designed to provide an overall understanding of contracting and procurement management from the point of view of the buyer (i.e. the Project Manager).
It follows the content of the one-day course, Managing Project Procurement, but provides more time for group work on case study and exercise material.
It begins with identifying which products and services should be bought and covers all the steps of the process through contract close-out. There is an emphasis on those interactions that directly impact the Project Manager. Participants learn a model comprised of six procurement management processes:
- Plan Procurements
- Conduct Procurements
- Control Procurements
- Close Procurements
The steps within each process are clearly described, and participants immediately apply the new skills using case study exercises.
Participants will learn how to:
- Define the importance of Project Procurement Management.
- Understand overall acquisition and contract management elements.
- Describe components of procurement management.
- Describe PMI’s® perspective on Project Procurement Management.
- Develop quality procurement processes– from procurement planning and solicitation through contract close-out.
- Create Project Procurement Plans, aligning procurement efforts with the desired project outcome.
This workshop utilizes brief lectures, guided discussions, short case studies, and hands-on application exercises in small teams. Participants are encouraged to share real-life experiences and participate in class discussions.
Project Managers and team members working with contracts and contractors.
Note: This course is designed for those who need an awareness of contract and procurement processes and issues for executing project work. It is not a course for procurement professionals or contract lawyers.
None, although a project management experience involving some procurement will help maximize the learning from this course.
Module 1 – Introduction
- Supplier – Customer SIPOC Model
- Introduce Case Study
- Define procurement and procurement relationships
Module 2 – Plan Procurements (Process 1)
- Identify the seven procurement management steps
- Develop a procurement management plan
- Confirm scope
- Select a contract type
Module 3 – Conduct Procurements
- Understand the two steps for ‘Request Seller Responses’ process
- Participate in the four steps of ‘Select Sellers’ process
- Manage a solicitation process
- Apply the evaluation criteria to select a seller
Module 4 – Administer Procurements
- Define the Administer Procurement (contract) process
- Build contract change control system into the project’s change control system
Module 5 – Close Procurements
- Define the contract closure process
- Conduct a post-contract review
Module 6 – Recap
- Review of Key Points
PMI is a registered mark of the Project Management Institute, Inc.