Procurement & Contract Management – Complete Guide

“Master bidding strategies, contract types, risk allocation, and vendor relationships. Earn 3 PDUs.

Master Project Procurement and Management (and prepare for your PMP exam)

What you’ll learn

  • Procurement and Contracts.
  • The fundamentals of contracts.
  • What is procurement and why it matters.
  • How to manage contracts to increase profits.
  • What is procurement management?.
  • Why procurement matters.
  • Procurement in 4 simple steps.
  • How to think about contracts.
  • Plan procurement management.
  • Writing a scope of works.
  • The make or buy decision.
  • Conducting procurement.
  • Controlling procurement.
  • Understanding markets and supply chains.
  • Understanding construction contracts.
  • Construction procurement routes.
  • Construction procurement and contract management.
  • How to become a contracts manager.
  • AI and construction contracts.
  • Prepare for your PMP exam.

Course Content

  • Introduction –> 9 lectures • 41min.
  • Section 2 – Fundamental Concepts –> 6 lectures • 1hr 6min.
  • Section 3 – Practical Applications –> 6 lectures • 1hr 26min.
  • Section 4 –> 3 lectures • 7min.

Procurement & Contract Management - Complete Guide

Requirements

Master Project Procurement and Management (and prepare for your PMP exam)

The reality is that when we deliver a project we need to outsource work to other companies. That means we need to form, negotiate, sign and adminster contracts. Considering on average 90% of a project’s total expenditure is on external parties, learning to understand, form and manage contracts will make you a better project manager.

We’ve helped over 35,000 students advance their project management careers by mastering these fundamentals.

Learn effective procurement and contract management in just a few hours.

The course is:

  • Proven – thousands of satisfied students, with 94% reporting career advancement
  • Practical – developed with industry experts for real-world application
  • Fast-streamlined content focused on essential knowledge
  • Resource-Rich – includes downloadable slides and materials

We actively respond to all student questions and continuously improve based on feedback.

Join our Project Procurement and Contract Management Course to ensure your projects are a success no matter what happens.

The course covers:

  • Section 1 – Introduction
    • What is project procurement management
    • Procurement vs Contract Management
    • Contracts are the key to career progression
    • Why is procurement essential
    • Key procurement documents
    • Where procurement fits in
    • Procurement made simple
    • How to think about contracts
  • Section 2 – PMBOK Procurement Management Process
    • Plan Procurement Management
    • Writing a scope of works
    • Make or buy decisions
    • Conducting procurement
    • Controlling procurement
  • Section 3 – Construction Applications
    • Understanding markets and supply chains
    • Understanding construction contracts
    • Construction procurement routes
    • Construction procurement and contract management
    • How to become a construction contract manager
    • AI and Construction Contracts
  • Section 4 – Conclusion
    • Practice Exam Questions

Let’s get started!

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