Overview

A large proportion of an organization’s costs is expended on the procurement of goods and services, particularly where it involves a global supply chain network as is the case with most of today’s industries and sectors. Using management best practice through the tendering and procurement process and in contract implementation is thus critical to ensuring cost and process efficiencies to your organisation.This course is design to enlighten participant on how to deliver high quality tender within strict timescales, and effectively manage them in accordance with the tender specifications.

Objectives

At the end of this course, participant will learn to:

  • Identify the most appropriate procurement strategy
  • Evaluate tendering and procurement best practices
  • Assess and manage key contractual risks
  • Compare ways of dealing with performance failures
  • Evaluate the most appropriate seminar of action when disputes arise

Outline

  • Procurement Strategies and Best Practice
  • Elements of Procurement Best Practice
  • Types of Procurement Strategy
  • Developing Tenders and Specifications
  • Developing the Scope of Work and Specification
  • Selection and Evaluation Criteria
  • Key Elements of the Contract
  • Principal Performance Obligations
  • Scheduling and Completion
  • Managing Change and Performance Failures
  • Assignment, Novation and Subcontracting
  • Implications of Varying Performance
  • Contract Claims and Completion
  • Types and Assessment of Claims
  • Tiered Dispute Resolution Mechanisms
  • Formal Dispute Resolution

COURSE DETAILS:

Venue and Date

Lagos: 26th Feb. – 1st March , 25th – 29th March, 22nd – 26th April, 10th – 14th June, 12th – 16th August, 2nd – 6th September, 23rd – 27th September, 18th – 22nd November

Abuja: 6th – 10th May  

Narasawa: 15th – 19th July, 26th – 30th August, 21st – 25th October

Kaduna: 16th – 20th December 

Course Fee: N700,000

Duration: 1 Week