Course Purpose
purpose of this course is to equip students with the knowledge and practical skills required to plan, manage, and control procurement and contractual processes within projects. Students will learn how procurement strategies influence project cost, schedule, risk allocation, and overall project success.
Course Learning Outcomes
Expected Learning Outcomes (ELOs)
By the end of this course, students should be able to:
•ELO 1: Explain principles and processes of project procurement and contract management.
•ELO 2: Analyze procurement strategies, contract types, and vendor evaluation frameworks.
•ELO 3: Apply procurement planning, negotiation, and contract management techniques in project environments.
•ELO 4: Evaluate procurement systems, risks, and emerging trends to improve project outcomes.
Course Content
Course Content Overview
This course covers a range of topics that are integral to understanding
Project Procurement and Contract Management.
The key areas include:
✔Project Procurement Planning: Importance of procurement planning; developing a procurement plan.
✔Contract Types and Selection: Understanding contract types; selecting appropriate contract types.
✔Vendor Selection and Management: Vendor evaluation criteria; vendor management techniques.
✔Contract Negotiation: Principles of negotiation; negotiation strategies.
✔Contract Administration: Contract monitoring; change control processes.
✔Risk Management in Procurement: Identifying procurement risks; risk mitigation strategies.
✔Legal Aspects of Procurement: Understanding contract law; legal issues in procurement.
✔Ethics in Procurement: Ethical considerations; promoting ethical practices.
✔Technology in Procurement: Role of technology; e-procurement systems.
✔Case Studies in Project Procurement & Contract Management: Real-world examples; practical applications.