Categories

Summary

Course Overview

This course designed by the British Academy for Training and Development, covers Supplier Selection and Evaluation, Contract Management, Quality & Risk Management, and Ethics. One of the important decisions that a Procurement professional makes is selecting the right supplier. We will cover how to evaluate suppliers, using a very simple evaluation tool to select the right suppliers. In contract management we will expose you to different types of contracts that a procurement professional can consider for the contract. We will highlight several risk management strategies that will mitigate risks for your firm. Lastly, we will cover the very important topic of procurement ethics-what to do and not to do in ethically dealing with suppliers.

Objectives and target group

Who should attend?

  • Purchase and procurement managers.

  • Legal advisors and staff.

  • Contract managers.

  • Staff with responsibility for contract management.

  • Staff working at various levels in all public bodies, including central government, non-

    departmental public bodies (NDPBs), local government, health and education.

  • Anyone wanting to know more about managing or administering contracts.

  • Those wishing to develop their capabilities in this field.

    Knowledge and Benefits:

    After completing the program, participants will be able to master the following:

  • Learn how to select and evaluate suppliers.

  • Review various types of contracts, where they should be used and advantages and

    disadvantages

  • Understand how to mitigate risks.

  • Understand some key ethical considerations in procurement.

  • Understand the building blocks of contracts.

  • Demonstrate an understanding of common contract terms and conditions.

  • Identify potential contractual issues.

Course Content

Course Content

  • Definition of a contract.

  • Contract parties.

  • Contracts life cycle.

  • Supplier selection and evaluation.

  • Different types of contracts.

  • The importance of defining contract parties.

  • The building blocks of contracts.

  • The key elements involved in contract formation.

  • Common contract terms and conditions

  • Identify potential contractual issues.

  • Identify and manage variations.

  • Identify key contract risks.

  • Introduction to Contract Management.

  • The fundamentals of Contract Management.

  • Activities that comprise good Contract Management.

  • Elements of successful Contract Management.

• The stages of the Contract Management process:

o Planning and preparing. o Drafting.
o Approving.
o Negotiating.

o Signing.
o Revising. o Renewing.

  • Risk Management strategies.

  • Quality & Risk Management.

  • Contracts ethics.

  • Contract law.

  • Skills and responsibilities of a contract manager.

  • Specification writing.

  • Service level agreements.

  • Negotiation skills and techniques.

    • Managing contracts.

    • Financial Management and control.

    • Exiting contracts and continuous improvement planning.

    • Finalizing contracts.

    • Contract administration.

    • Contracts closure and evaluation.

    • potential contractual issues and how to overcome them.

    • Contract Management software.

    • Practical applications and case studies.

Course Date

2025-01-06

2025-04-07

2025-07-07

2025-10-06

Course Cost

Note / Price varies according to the selected city

Members NO. : 1
£3800 / Member

Members NO. : 2 - 3
£3040 / Member

Members NO. : + 3
£2356 / Member

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