This course focuses on developing professional competencies in Procurement/acquisition planning, contracting strategies, and contract lifecycle management. It helps participants understand the pre-award, award, and post-award phases of contracting and equips them to make informed decisions in procurement and sourcing processes.
Overview of contract objectives, legal validity, life cycle, key terms, stakeholders, organizational influences and core specialized knowledge areas.
Review of CMBOK's Structure (9 domains, competencies), and exam links.
Leadership skills (Character, Collaboration, Emotional Intelligence, Vision).
Business, Change, Financial, Project, Risk and Supply Chain Management.
Core skills, roles, contract principles, ethics, and regulatory compliance with situational assessment. Team dynamics, stakeholder management, effective communication, and documentation best practices.
Acquisition planning, market research, requesting offers and develop it.
Proposal evaluation, negotiation, price analysis, award documentation and select source.
Contract Performance (Administration, Ensure Quality, Manage Subcontracts, Changes) and Close-Out.
Continuous learning, Individual Competence and Organizational Capacity.
Contractual Terminologies in cost, delay analysis techniques, prolongation costs, disruption, claims and disputes.