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Project Management: Procurement Tools & Techniques


Buying or selling products and/or services to support project execution requires legal agreements to administrate and coordinate these transactions. The Project Manager is typically the point of contact to develop, manage and control these procurement processes. Without proper procurement management the project and organization could be vulnerable to legal action for any contractual obligations.

In this course, participants will learn how to properly manage the lifecycle of the legal agreement, understand the role of the buyer and seller and tools and techniques to ensure fair and equitable settlement of the agreement.

After completing this program, participants will be able to:

  • Develop clear procedures on conducting Procurements
  • Recognize the various Contract Types and when to apply them
  • Apply techniques to negotiate a valid legal Agreement
  • Use the appropriate tools to control Procurements throughout the project lifecycle

Dates: Feb 24, 2018 - Feb 24, 2018 Time: 9:00 AM
Tuition: $195.00 Instructor: Tim Peek Register

Lesson 1. Plan Procurement Management
  • Identify where and when Procurements are needed for a project
  • Recognize the different legal agreements and how they are used
  • Create and document processes, procedures for conducting and controlling Procurements throughout the project lifecycle

Lesson 2. Conduct Procurements

  • Know the different contract types
  • Determine which Contract Type is appropriate between a Buyer and Seller

Lesson 3. Control Procurements

  • Apply the appropriate techniques to control the Buyer/Seller relationship
  • Recognize how Procurements integrate with the other project management processes

Lesson 4. Close Procurements

  • Utilize the proper guidelines to audit and negotiate the legal agreements between the Buyer and Seller
  • Apply the appropriate tools and techniques to close the legal agreement

Class Schedule

Date Times Meeting Type Location
02/24/2018 9:00 AM - 12:00 PM Classroom Executive Park

Additional Information

Final Enrollment: Feb 24, 2018
Clock Hours: 3.0