In-Company Short Training Courses in Procurement, Purchasing & Supply.
Course Title: Project Procurement.
The course is designed to:
Provide a review of project management approaches to business and procurement including a review of the of importance of project based procurement business models. The module will also cover commonly used project management techniques and tools for planning, budgeting and resource management, etc. There will be a study of the role of the project buyer working within a project based business model and a study of commonly applied project buying techniques.
To provide delegates with an understanding of essential management techniques used for the planning and management of project based activities including buying services. Delegates will learn project based buying approaches and will understand the critical success factors and enablers required for successful execution of a project based buying activity. The course ensures that attendees have gained a sound grasp of project planning and project buying techniques used in modern business practice including the use of planning tools, resource allocation approaches, supply chain design and supplier management from tender through to contract execution.
Learning outcomes – At the end of the course students will be expected to be able to:
- Evaluate, select and apply appropriate project planning techniques for the project context in which they are operating.
- Recommend the structure of procurement functions within a project buying business model.
- Be able to develop and recommend appropriate buying and sourcing strategies for differing project demands, contexts and success factors, including for example DBO, DBOO, DBOOT, Turnkey, etc.
- Know how to undertake project procurement decisions using total life costing techniques including Investment appraisal techniques.
- Know how to design, implement and evaluate project buying performance outcomes.
- Understand how to use supply chain theory in a project based buying context.
The growth of project procurement as a business discipline:
- Definitions of a project and project management.
- Fayol and Mintzberg and theories of modern management.
- Project management as a management science.
- Quality, Cost, and Time – the golden triangle of project management.
- Project planning approaches.
- The growth in importance of project management.
- The growing range and scope and scale of projects.
Managing procurement in a project context:
- Project governance structures.
- Matrix management and project working.
- Technical vs. commercial leadership.
- The role of the project manager.
- The role of the commercial and technical functions.
- Project financing approaches.
- Projects and stakeholders.
- Project management and change.
- External factors affecting project management.
Designing a project:
- The project life cycle.
- Setting up projects.
- Setting up work streams.
- Communications management.
- Progress reporting techniques.
- Project closure and handover.
Project Management and planning tools:
- Project management and planning toolsets explored and examined.
- Using the appropriate planning toolset.
- Procurement in a quality cost and time context.
- Role of the project buying team.
- Projects and supply chain management theory.
- Designing supply chains fit for purpose.
- Tendering for projects.
- Total life cost of ownership and projects.
- Contract management, structures and projects.
Project performance monitoring and reporting:
- Project Management evaluation models.
- Measurement methodologies.
- Tactical measurement of performance.
The course will identify and cover in full detailed learning outcomes required for assessment purposes. However, if you wish to read further in order to supplement your learning and cement your understanding of the course, content, aims, and purposes, we recommend the following book(s):
Project Management – Harvey Maylor.
Project management – a managerial approach – Jack R Meredith & Samuel J Mantel Jr.