ReCh Management Centre - Value for Money in Procurement - Value for Money in Procurement - View courses templates

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Value for Money in Procurement

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Start DateVenue1 Week2 Weeks

Request a dateLondon 2,500 3,750
Request a dateLondon 2,500 3,750

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Course Overview

This course is addressed to personnel who manage procurement for their respective organisations, projects and multi-sector-agencies or departments. It is also ideal for project managers, legal and financial procurement advisors, project implementers and professionals engaged in the purchasing and procurement of professional services. This is relevant to all levels in any organisation

Course Objectives

    •    Hiring Professional Services, Purchasing Goods and Works
    •    Reviewing Best Practices, Cost and Value as a Selecting Factor
    •    Pricing Methods
    •    Selection Procedures, Local and National Preferred Supplier Capacity
    •    Building a Supplier List, Buyer-Vendor Contracts for Long Term Engagement
    •    Terms of Reference, Evaluation of Proposals
    •    Negotiation and Communication Skills
    •    Contract Provisions, Procurement of Services, Monitoring and Supervision of Consultants
    •    Procurement of Professional Services: the Range of Different Tender Processes

Course Outline

    •    VFM and Risk Management in Procurement
    •    Procurement Process, Tools and Techniques
    •    Quality Management and Procurement
    •    Managing Procurement of Capital Projects
    •    Cost-benefit analysis
    •    Pricing methods
    •    VFM and cost control
    •    Managing supplier relationships
    •    Picking the right suppliers 
    •    Understanding your spend

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*Course fee is not inclusive of VAT

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