Managing Procurement & Contract Processes in Projects

Overview

This three (3) day course provides an overview of the overall process of Project Procurement Management, utilised by the Project Team to acquire goods and services outside of the project organisation.

The course introduces the tools, techniques and templates that can be utilised during the four (4) step project procurement management process: Plan Procurement; Conduct Procurement; Administer Procurement; and Close Procurement. Key deliverables includes:

  • Statement of Work (S.O.W.) and other Solicitation Documents,
  • Draft Form of Agreement,
  • Evaluation Criteria, Evaluation Weighting Systems and
  • Independent Estimates.

Focus is placed on the structure, key terms and conditions contained in contracts, as well as in the negotiations process. 

pmiThe PM tools, techniques and methodologies are in line with International Standards as established by the Project Management Institute's (PMI)® Project Management Body of Knowledge (PMBOK Guide, Fourth Edition), and in accordance with Industry Best Practices.

As a PMI registered Education Provider (R.E.P.) The Arthur Lok Jack Graduate School of Business has agreed to abide by PMI® established quality assurance criteria.

The Arthur Lok Jack Graduate School of Business, designates this project management education activity for 21 Professional Development Units (PDU) and 2.1Continuing Educational Units (CEU).

PMI and REP are marks of Project Management Institute Inc.

Target Audience

The target audience includes, but is not limited to:

  • Project Managers
  • Project Team members
  • Procurement Personnel
  • Contract Managers
  • Contract Administrators
  • Legal Advisors
  • Project Office Personnel

Learning Objectives

Upon completion of the course participants should be able to:

  • Interpret the vocabulary, and fundamental concepts of procurement and contracting
  • Define project procurement and contract management methods, tools, and techniques
  • Assess the various types of contracts and pricing models, their strengths and weaknesses, and when to use them
  • Distinguish procurement and contract management issues from the unique perspectives of the buyer and seller
  • Identify the steps in the negotiation process utilising the Principled Negotiations methodology

Programme Outline

Topics include:

Project Procurement Management Framework

  • What is Project Procurement Management?
  • PMBOK® Guide Project Procurement Management Processes

Legal Concepts of Contracts

  • What Is a Contract?
  • Five Elements of Contracts
  • Contract Terms and Conditions
  • Contractual Authority
  • Contract Relationships
  • Contract Interpretation
  • Contract Conflicts

Contracts in Projects

  • Contract Categories
  • Contract Strategies
  • Public Private Partnership Models
  • FIDIC Contract Types
  • Bonds and Insurance

Plan Procurements

  • Overview of the Plan Procurements Process
  • Make or Buy Analysis
  • Procurement Documents
  • Source Selection Criteria

Conduct Procurements

  • Overview of the Conduct Procurements Process
  • Evaluation Techniques
  • Independent Estimates
  • Procurement Negotiations

Administer Procurements

  • Overview of the Administer Procurements Process
  • Contract Change Control System
  • Performance Monitoring and Reporting
  • Claims Administration

Close Procurements

  • Overview of the Close Procurements Process
  • Procurement Audits
  • Lessons Learned

 

Facilitator: Haseeb Ali

Haseeb Ali has over thirty one (31) years of wide and varied experience in facilities engineering, oil/gas assets operation and development, project management and business planning (portfolio management, budgeting, strategic planning, overall program management) in the upstream oil and gas industry; commodity risk management in the oil refining division, and performance improvement in the refining and marketing division.

  • He is the past president, Project Management Institute (PMI)®, Southern Caribbean Chapter
  • Member, Society of Petroleum Engineers (SPE)
  • Member, Global Association of Risk Professionals (GARP)
  • Project Management Professional (PMP)® Certification

Details

Date View Event Calendar
Time 8:30 pm – 4:30 pm
Duration 3 Days
Cost TT $4,500.00 (inclusive of training materials, refreshments and Certificate of Participation) 
Please note that prices are subject to change without notice.
Venue Arthur Lok Jack Graduate School of Business
South Campus
Gopaul Lands
Marabella

Contact

Tel: 645-6700
Fax: 662-1411

Coordinators:

Christa Sankarsingh - ext. 307
Naiee Persadsingh - ext. 310

E-mail:  openenrolment@lokjackgsb.edu.tt

Certification

Certificates will only be issued to participants who have attained a minimum attendance rate of 75% for the duration of the course.

Course Cancellation/ Reschedule Policy

Arthur Lok Jack GSB (ALJGSB) reserves the right to cancel training at any time. If ALJGSB cancels the training due to unforeseen circumstances beyond the control of ALJGSB, you are entitled to a full refund of the course fee, or your course fee can be credited toward a future training, based upon availability (providing payments have been made before original advertised date).

ALJGSB reserves the right to reschedule training at any time. If ALJGSB reschedules training due to unforeseen circumstances beyond the control of ALJGSB, the training will take place at the next available time. Participants will be informed via phone and/or e-mails.

 

  

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