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  • Vendor’s affair

    Course objective

    • Establishing an understanding of the Procurement Life Cycle
    • Identifying procurement requirements in projects
    • Exploring types of commercial relationships
    • Evaluating, selecting and monitoring suppliers
    • Understanding the basics of a contract
    • Managing the ongoing contract Negotiating with vendors
    • Final acceptance and administrative closure
    • Practical issues in vendor and quality management and apply cause and effect analysis to identify possible resolutions
    • Best practices in vendor management
    • Best practices in quality control and vendor performance evaluation to avoid problems, ensure minimal rework and enable realistic estimates
    • Key concepts and techniques for managing relationships

    Course outlines:

    • Introduction to Procurement
      • Why organizations procure goods and services
      • Definition of Procurement, and how it fits into the Project Life Cycle
      • Types of supplier relationships
      • Supplier relationship models
      • Roles and accountabilities of procurement and project professionals.
    • Looking at Things from the Vendor Perspective
      • The engagement management process
      • Stakeholder analysis
      •  Due diligence
      • Defining high-level requirements
    • Starting on the Right Path
      • Defining the engagement approach
      •  Defining warranties and remedies
      •  Defining requirements
      • Kick-off meetings and work sessions
    • The Procurement Management Life Cycle
      •  Procurement Planning Phase overview and activities
      • Determining procurement management requirements
      •  Conducting the make-or-buy analysis
      •  Weighing cost against benefit (cost-benefit analysis)
      •  Identifying and quantifying benefits
    • Risk Management for Vendor/Supplier Relationships
    • Developing procurement Statements of Work
    • Options for gathering required information (EOI, RFP, RFT, ITR)
    • Developing assessment criteria
    • Creating a tender evaluation plan
      • Selecting the right contract type
      •  Developing a Contract Management Plan
      • Negotiating the contract
      • Establishing performance standards and measures
      • Managing Quality
      • Defining quality management
      •  Quality control through the gating process
      • Developing acceptance criteria
      •  Quality control: testing, reviews, and audits
      • Managing Relationships
      •  Relationship development process
      •  Contract negotiation strategies
      • Client/vendor relationships
      • Vendor performance evaluation
      • Managing conflict
    • Administer Procurements
      •  Administer Procurements Phase overview and activities
      •  Managing the Vendor Relationship
      •  Designing a Relationship Management Plan
      • Measuring and monitoring vendor performance
      • Managing risk.
    • Managing and Controlling Vendors and Projects
      •  Managing performance expectations
      • Status reporting
      • Performance and relationship reviews
    • Accountability
    • Termination
    • Managing Change
      • Scope and resources changes
      •  Requirements changes
      • Estimating change reserves
      •  Dealing with change control
    • Close Procurements
      • Close Procurements Phase overview and activities
      • Assessing success
      • Conducting final testing, acceptance and handover
      • Reviewing the contract
      • Identifying and documenting lessons learned

    Code Courses Title Date Venue Price Request
    MK21 Vendor’s affair
    27 Jan to 31 Jan 2024 cairo Contact-us
    24 Mar to 28 Mar 2024 Istanbul Contact-us
    12 May to 16 May 2024 KSA -Al-khobar Contact-us
    14 Jul to 18 Jul 2024 cairo Contact-us

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