Project Procurement and Contract Management
We will guide you through procurement practices, solicitation of bids, contract negotiations and provide a taste of contract law. This 2 day course will provide the basic tools required for project managers in these areas. It will also offer you an insight into the role of the procurement officer on a project team.
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Intermediate Course
Course Name
Project Procurement and Contract Management
Duration and Credits
2 Half-Days / 14 PDUs
Course Description:
Procurement management, and especially contract administration, has become essential project management skills in today’s trend of outsourcing all but the company’s core competencies.
We will guide you through procurement practices, solicitation of bids, contract negotiations and provide a taste of contract law. This 2 day course will provide the basic tools required for project managers in these areas. It will also offer you an insight into the role of the procurement officer on a project team.
Authorized Training Partner
Procept is the service provider for all of our Project Management courses at Laurentian University.
LEARNING OBJECTIVES
Participants will gain practical skills to:
- Use proven techniques, tools and skills for managing contracting and procurement on projects
- Know how to plan and control procurement management scope of work
- Know how to effectively select procurement personnel for your project
- Understand and use the procurement management terminology
- Make a plan for enhanced procurement management efforts for your project
WHO SHOULD ATTEND
The Project Procurement and Contract Management Course is appropriate for individuals who are:
- Project Managers
- Working on a team and/or projects
- Managing a team and/or projects
- Interested in improving your Project Management skills and increase understanding of roles and responsibilities of procurement on a project
- Purchasing Professionals who want to make a transition into a project environment
EARN A CERTIFICATE
By completing 10 days of Project Management Training at Laurentian University you can earn a Project Management Certificate.
By completing the Laurentian University Project Management Certificate you will have acquired enough PDU’s (Professional Development Units) to write your PMP Exam with the Project Management Institute and acquire your PMP accreditation. There are also 4 different certificate bundles available that you can choose from.
Upcoming Online Course
Winter 2022
February 24-25, 2022
8:30 AM – 12:00 PM EDT
ONLINE
- Early-Bird Rate$595+HST
- Register Today!
- Feb 2, 2022
- Regular Rate$695+HST
- Register Today!
Alumni & PMI-NOC Discount
Alumni & PMI-NOC Discounts:
The Goodman School of Mines offers a 10% discount to all Laurentian Alumni and PMI-NOC members. This discount can only be applied to the regular rate of the course and NOT the early-bird rate.
Please click the button below and fill out the form. We will contact you once we have verified the information to provide your discount code.
Staff and Faculty Discounts
Staff and Faculty Discounts:
The Goodman School of Mines offers a discount for all Laurentian University Staff and Faculty. Please see the rates below with a link to the registration form.
Staff and Faculty Discounted Rate:
Project Procurement and Contract Management – $895 +HST per person
Canada Ontario Job Grant
What is COJG Funding?
The Canada-Ontario Job Grant (COJG) is an Ontario government funding program that offers training grants to employers. Through the program, companies may receive non-repayable funding from the government to purchase third-party business training programs, including training for in-demand skillsets. Training is expected to improve the employability and value employees can provide; including new hires in these training sessions can also maximize your funding potential.
COJG funding can reduce the cost of training employees by up to 50-83%. This can cover up to $10,000 to $15,000 in training costs per trainee.
Windmill Microloans for Skilled Immigrants
Affordable Loans for Skilled Immigrants
Achieve career success in Canada with Windmill Microloans. Receive up to $15,000 to cover costs related to achieving career goals (education and training programs, exam fees, course supplies, and more). Low-income applicants are welcome and no Canadian credit history is required. To be eligible for a Windmill loan, you must be internationally trained with status as a Permanent Resident, Provincial Nominee, Canadian Citizen, Protected Person, or Convention Refugee.
Canada Training Credit
What is the Canada Training Credit?
The budget proposes a new refundable tax credit called the Canada training credit available for eligible tuition and other fees paid for courses taken in 2020 and subsequent taxation years. The credit will be the lesser of the individual’s Canada training credit limit for the taxation year, and half of the eligible tuition and fees paid to an eligible educational institution in respect of the year.
Participants may be eligible for this tax credit. Learn more at the link below.
Learn More
Cancellation Policy
Cancellation Policy:
1. Cancellation 4 weeks prior to a course is a full refund less a $100 penalty for processing or held on credit (no fee) for another course offering and can be used by anyone in the company/ organization for 1 year.
2. Cancellation within 4 weeks of the course – 50% penalty or held on credit (no fee) for another course offering and can be used by anyone in the company/ organization for 1 year.
3. Cancellation within 1 week of course – 100% penalty or held on credit (no fee) for another course offering and can be used by anyone in the company/ organization for 1 year.
Extenuating circumstances will be reviewed on a case by case basis.
WHAT WILL YOU LEARN?
Introduction
- Procurement objectives
- Exercise: Introduction
- Procurement management processes
- The integration model
Plan Purchases and Acquisitions
- Defining the requirements
- Exercise: make or buy
- Exercise: contract packages breakdown
- Procurement schedule
- Budget by contract package
- Target quality levels
- Exercise: procurement organization
- Exercise: sourcing the vendors
- Exercise: specification types
- Exercise: contract types
- Exercise: procurement plan
Plan Contracting
- Purchase requisition
- Solicitation package
- Invitation to bid
- Bid and contract security
- Terms and conditions
- Standard forms
- Exercise: pre-qualifying vendors
- Partnering
Plan Contracting
- Communication rules
Select Sellers
- Price fixing
- Exercise: Bid evaluation matrix
- Communication rules during bid evaluation
- Contract award
Contract Administration
- Controlling scope, cost, schedule, quality and risk
- Material handling
- Disputes
- Exercise: waiver of contract rights
Contract Closure
- Contract documentation
- Product verification
- Work documentation
- Formal acceptance
- Procurement audits
- Exercise: lessons learned
- Post-contract vendor evaluations
- Historical data base
Contract Law
- 5 conditions for contract to exist
- Exercise: battle of the forms
- Key rules of contract law
- Exercise: warranty vs. condition
Wrap Up
- Course wrap Up
- Class lessons learned review
- Class evaluations
PREREQUISITE
It is recommended that participants take a project management fundamentals course (such as our 3-day Project Management Essentials) before taking this course.
COURSE MATERIALS
- You will receive a course binder containing copies of presentation slides, case studies, exercises and suggested solutions.
- You will earn one day towards the Laurentian University Project Management Certificate. You will only need to complete the Project Management Essentials course and 8 more days of Project Management Training to obtain your certificate.
- You will earn a certificate of completion and 14 PDU’s.
