Course Code: MP7
Category: Project Management, Contract Management and Evaluation
Dates, Venues & Fees:
Feb 10-Feb 14| Dubai | $4,100.00
Jul 06-Jul 10| London | $4,200.00
Nov 09-Nov 13| Dubai | $4,100.00
Duration: One Week
Course Overview
This course on Bidding, Evaluation, Negotiation and Contract Award looks at the tender process from both the buyer and seller perspectives, covering both the writing and issuing of invitations to Tender and the writing and submitting of Bids response. Delegates are led to examine how to deliver high quality bids with strict timelines, and effectively manage them in accordance with the Tender specifications. The whole bid cycle is examined, with delegates being resourced with tools to analyze requirements, pull together resources and develop outstanding bids.
This course puts the entire Tender cycle into context in relation to the development of the contact strategy, identification of appropriate pre-qualified contractors, contract design, the Tender process and contract award.
Target Audience
This Bidding, Evaluation, Negotiation and Contract Award training course is designed for:
- Contract Professionals and Administrators
- Contract Analysts and Engineers
- Procurement Professionals, Managers and Officers
- Vendors and Suppliers
- Supply Chain Professionals
Course Outcomes
By the end of this course, delegates will gain knowledge and skills to:
- Develop procurement strategies that provide best fit to specific procurement requirements
- Apply systematic risk assessment and management processes to procurement activities
- Develop and review specifications
- Conduct supplier research and market analysis
- Apply issues related to supplier development, supplier alliances and supply chain management
- Conduct efficient contract development and management process
- Communicate effectively with clients, suppliers and other stakeholders
Key Course Highlights
- Procurement systems and procedures
- Risk management planning
- Activities involved in specification development
- Supplier research and market analysis
- Communication and conflict management
- Communication with clients and suppliers
- Negotiation styles, methods and tactics
- Contract development activities
- Financial analysis principles and tools
- Price and cost analysis
- Contract administration management
- Key Performance Indicators (KPIs)