The Procurement and Contract Management course is for Procurement Executives, Business owners and Accountants. The course teaches students two important aspects of any business activity, procurement and developing and managing contracts. The course begins with the definition of common concepts in the discipline. Then we discuss two important cycles:

• Procurement Cycle

• Purchase-to-Pay (P-2-P) Cycle

We will take a look at how to develop tender documents and how to develop a winning bid. Also, contracts are legally binding documents, therefore, Students will be taught on various aspects of contract management. These include different types of contract relationships, conditions and terms. Also risks attached to managing contracts will also be discussed. Participants will be engaged throughout the course with the use of tasks, discussions and assignments. On completion of the course, you can take any of the professional certifications in this field.

By the end of the course, participants will be able to:

• Understand the fundamentals of procurement and contract management.

• Develop effective sourcing strategies to identify and select suitable suppliers or contractors.

• Negotiate favorable terms and conditions in contracts.

• Manage the contract lifecycle effectively, from contract award to completion.

• Evaluate supplier performance and address any issues or disputes.

• Ensure compliance with procurement regulations and best practices.

• Develop and implement a supplier relationship management strategy.

• Use procurement tools and software to streamline procurement processes.

Participants enrolling for this programme will be required to have a minimum of 3 years’ professional experience. Participants who meet the programme requirement should pay the course fee and complete the enrollment form 2 weeks before the programme kick off date.

Requirements;

• Experienced individuals who manage procurement and contract activities in diverse fields

• Working professionals seeking to change career, job or industry to procurement and contract related field

• Individuals who meets the requirements and intend on starting a career in procurement and contract

• Mid to senior-level executives in any sector

Prospective applicants who do not meet the programme requirement but want to join the programme should talk to a Career Advisor.