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12 - MSE - Maintenance, Scheduling, Planning

MSE 133 - Procurement Management Master Class

Code Start Date Duration Venue
MSE 133 19 September 2022 5 Days Istanbul Registration Form Link
MSE 133 14 November 2022 5 Days Istanbul Registration Form Link
MSE 133 05 December 2022 5 Days Istanbul Registration Form Link
Please contact us for fees


Course Description

Procurement is the act of acquiring, buying goods, services or works from an external source. It is a process that can critically affect a project’s bottom line. Therefore, it is important to take the correct decision when it comes to which goods you are choosing.  In order to prepare an effective procurement management plan and guide your team, you need to and use outsourcing for maximum benefit. This course leads you through this process and clear any fogginess you might have had about it. 

Course Objectives

  • Conduct a make-or-buy analysis
  • Create a procurement management plan
  • Choose the best contract types
  • Work effectively in contract negotiation
  • Perform public procurement

Who Should Attend?

  • Portfolio, Program and Project Managers
  • Business Analysts
  • Functional managers
  • Project team members involved with contracting project work

Course Details/Schedule

Day 1

  • Introduction and definition
  • Benefits
  • Procurement management process
  • When to use it
  • Planning for procurement management
  • Tools and Techniques
  • Planning inputs and outputs 

Day 2

  • Hiring your team
  • Choosing your partners
  • Creating a comfortable working environment
  • Supplier qualification
  • Tendering and Request for Proposals (RFP)s 
  • Contracting and delivery
  • Contract types
  • Types of contract negotiations

Day 3

  • Rapport, Exploratory and Bargaining Stages
  • Closing the Deal
  • Control procurements
  • Key Performance Indicators (KPI)s
  • Analyzing process
  • Reporting
  • Close Procurements

Day 4

  • Procurement management in the digital age
  • Public procurement
  • Risk assessment and management
  • Writing specifications and terms of reference
  • Preparation of solicitation documents

Day 5

  • Sourcing of suppliers and advertisement
  • Bid receipt and opening
  • Committee submissions and approvals
  • Dispute management