This course focuses on the key concepts and best practices in procurement and contract management within public and private sector organizations. It covers the entire procurement cycle, from planning and sourcing to managing contracts, ensuring compliance, and mitigating risks. Participants will gain practical knowledge to enhance procurement efficiency and ensure that contracts are effectively managed and executed.

Key Areas of Study:

1. Introduction to Procurement and Contract Management: Overview of procurement processes and the significance of effective contract management.
2. Procurement Planning and Strategy: Developing procurement strategies, understanding market analysis, and selecting suppliers.
3. Tendering and Bidding Processes: Exploring methods for conducting transparent and competitive procurement processes.
4. Contract Law and Principles: Understanding the legal aspects of contracts and ensuring compliance with procurement laws and regulations.
5. Contract Negotiation and Drafting: Techniques for negotiating favorable terms and drafting clear, enforceable contracts.
6. Performance Monitoring and Risk Management: Strategies for monitoring contract performance, managing risks, and handling disputes.
7. Ethical and Sustainable Procurement Practices: Promoting integrity, transparency, and sustainability in procurement and contract management.

Duration: 14 Days