This course's objective is to qualify students in project procurement management embracing the entire project external environment and its influence on the project success and failure variables.
The course will allow the student to distinguish the types of contracts and its applicability, and will also present the professional responsibility aspects and the procurement process itself as a way to increase value, profitability and a way to enhance the project success chances.
Training content
At the end of the course the student will be able to:
- Use clear criteria that supports the buy or make decision
- Plan the entire procurement process
- Understand and apply the mechanisms for proposals assessment
- Know the different types of contracts, their benefits and risks
- Insert the ethical and legal criteria in all the supplying process
- Understand the project manager’s roles in the procurement process
- Develop a complete and detailed Procurement Request
- Monitor and inspect contracts in progress
More Information
Wish to get more information on the training Project Procurement Management?
Fact sheet
- Course duration [?]
- 16 hours
- Number of participants [?]
- Minimum 20 students per class
- Target audience
- Project managers, procurement managers, buyers, contract auditors, project team members, PMO members, others stakeholders interested in the supplies procurement and services process.
- Requirements
- Desirable project management knowledge.
- Language(s) [?]
- Portuguese, English and Spanish
- Local
- Provided by the contractor. Worldwide attendance.
- Certification and PDU [?]
- All training participants will receive a participation certificate with 16 PMI's PDUs.
(PMI R.E.P. activity number: Macro003)
Teaching Methodology Top ↑
Macrosolutions had developed the market's most awarded dynamics, concerning the projects training.
In this course, the following dynamics will be used:
- Case studies
Ricardo Vargas throughout his career as a project manager and an expert in that area has selected a relevant set of case studies and exercises that allow the participants to associate real and fictional cases the to daily work.
All case studies are appropriate to the nature of the client and the training audience.
- Videos selection
In order to facilitate the student learning, videos that cover various parts of movies, commercials, home videos, etc. are used in the classroom environment to fix concepts and associate technical issues with the reality of work and also to introduce new concepts.
They are short videos with direct focus on specific topics, tools and cases.
- Group Work
Several studies and exercises will be proposed by the instructor in order to present a particular topic or discuss a particular approach to project management.
Throughout the training the teamwork will be encouraged and strengthened as a mean for the group to learn.
Courseware
The courseware to be received by the students will consist of slides, articles and lists of exercises, and it may also contain the following special products by Ricardo Vargas:
- 5 Minutes PM Videocast. Practical classes with Ricardo Vargas. DVD distributed worldwide by Microsoft that celebrates the Microsoft Project 2010 launch.
Exclusive student access area
In addition to the exclusive printed material, all participants will have access to the courseware’s electronic version, to the files of exercises and to the work done in the classroom.
The access is given through the restricted site that is available and prepared by the Macrosolutions team considering each course that we provide.
This initiative is a pioneer in the educational market and also anticipates trends related to the documents’ electronic management
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Training basic program
- ‣ Course opening
- 1. The context of Project Procurement
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- Defining the goods
- The benefits of having a project procurement process
- 2. The project phases
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- Initiating
- Planning
- Control
- Closing
- The role of procurement in the project
- 3. The Project Procurement Processes
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- Plan Purchases and Acquisitions
- Plan Contracting
- Request Seller Responseses
- Select Sellers
- Contract Administration
- Contract Closure
- 4. Make or Buy and Purchase Specifications
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- Make or Buy process
- Purchase criteria
- Purchase specifications
- 5. Seller Selection
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- Seller selection
- Decision criteria
- 6. Contracts
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- Risks in contracts
- Market
- Competition
- 7. Types of contracts and Price Formation
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- Firm Fixed price contract
- Cost Plus Percentage of Cost contract
- Fixed Price with Incentive Fee
- Cost Plus Incentive Fee
- Cost Plus Fixed Fee
- 8. Contracting methods
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- Criteria used in contracting
- Power and interrelationship abilities and their influence over the contracting model
- 9. Ethics in procurement
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- Professional responsibility
- Legality
- Integrity
- Exclusion
- 10. Contract closure
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- The possible ways of closing a contract
- Adjourning
- ‣ Course close-out
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Supported standards and methodologies
Project Management Institute (PMI) PMBOK Guide Yes PMI Practice Standard for Estimating Yes PMI Practice Standard for Earned Value Management — PMI Practice Standard for Configuration Management Yes PMI Practice Standard for Risk Management — PMI Practice Standard for Work Breakdown Structure Yes PMI Practice Standard for Scheduling — PMI Standard for Portfolio Management — PMI Standard for Program Management — PMI Project Manager Development Competency Framework — Organizational Project Management Maturity Model (OPM3®) — UK Office of Government Commerce (OGC) PRINCE2 (Projects in Controlled Environments) Yes MSP (Managing Successful Programmes) — M_O_R (Management of Risks) — P3M3 (Portfolio, Programme, and Project Management Maturity Model) — P3O (Portfolio, Programme and Project Offices) — MoP (Management of Portfolios) — MoV (Management of Value) — Scrum Alliance Scrum Methodology — International Project Management Association (IPMA) ICB® IPMA Competence Baseline —