As project complexity inexorably increases, project managers find that they must rely on other companies to help them perform major portions of their project work. The purpose of this session is to describe project procurement processes in a meaningful way so as to help project managers and their teams to manage project procurement effectively.
EXPECTED ACCOMPLISHMENTS
- Differentiate between contract management vs. procurement management
- Become aware of various teaming agreement models used by contractors
- Step through Procurement Management Processes
- Establish from the WBS, the scope that needs to be procured based on “Make” or “Buy” decisions
- Select the appropriate contract type for your project
- Administer a Procurement Contract
TARGET AUDIENCE
Project managers, risk managers, project team members, functional managers and procurement officers
COURSE DETAILS
Introduction
- Critical project relationships
- Procurement delegation of authority (DOA)
- Project procurement management processes
- “Make” or “Buy” decision process
Types of procurements
- Company teaming agreements
- Contract types: Fixed price and Cost type
- Time & Material contracts
- Labor and letter contracts
Contract Administration
- Basic ordering agreements(BOA)
- Procurement scheduling
- Procurement costing
- Statement of work (SOW)
- Contract clauses
- RFP and RFQ
- Evaluation of Seller Proposals
- Sole source vs. Single source sellers
- Legal aspects
0.0
Course rating
0
0
0
0
0