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Procurement Management for World Bank Aided Projects

Every year, manifesting countries donate millions of dollars in the form of obtained goods, construction, and services for the development of proposals. Much of this money is provided by International Financial Institutions such as the World Bank in the form of low-interest loans or grants. The World Bank provides critical financial and technical assistance. In 2016, the World Bank committed more than $16 billion in new Investment Project Financing commitments to support the funding of infrastructure or consultancy plans for transit, water and sanitation, energy, and extractives.

This expert training course on Procurement Management for World Bank-Aid Projects delves into the key provisions of the new World Bank Procurement Regulations for Investment Project Financing, which took effect in July 2016. The new ordinances place a high value on ensuring that World Bank-funded projects deliver value for money, and the new Procurement Framework is designed to help achieve that goal. This training course includes group work to allow delegates to provide the main strategy and procurement planning papers that the World Bank expects from public authorities seeking IPF financial assistance.

This training course will highlight:

  • Obtainment Systems for the World Bank Financed Projects
  • Strange New World Bank Procurement Framework
  • Methods for Soliciting Competitive Bids
  • Managing a Prosperous Procurement
  • Manner of Procurement Planning

Course Objectives of Procurement Management for World Bank-Aided Projects

Through this training course, you will acquire:

  • What the New World Bank obtainment arrangements require
  • Whence to effectively plan and achieve the entire procurement cycle
  • What you demand to do to comply with the Procurement Regulations for IPF Borrowers
  • How to achieve the processes for the procurement of supplies and works
  • How to implement sound procurement planning strategies

Course Methodology of Procurement Management for World Bank-Aided Projects

Effective, interactive, and totally participant-concentrated, this training course will be remitted by a world-class subject matter expert; whose consciousness and abilities have been honed over many years going in the field of designs, procurement, and contract management. Using the most up-to-date training exercises, modern material, and actual case studies, the participants will be taken on a journey of development by assuming the real requirement to promote the right processes and methods for their organization.

Organizational Impact of Procurement Management for World Bank-Aided Projects

The organization will serve by having a prepared person who can affect and manage:

  • The Core Fund Principles
  • Capability and cost-effectiveness in the procurement of goods and supplies
  • Project Procurement Strategy for Development (PPSD)
  • Modernized procurement designs
  • Evaluation of tactics chosen for the procurement

Personal Impact of Procurement Management for World Bank-Aided Projects

Delegates attending this training course will learn and benefit by:

  • Knowing the Modernized Obtainment Framework (WBPF)
  • How to demand and manage Bids and Proposals
  • Best Practice in Planning an Appropriation
  • Implement modern and practical procurement approaches and purposes
  • Understand Value-for-Money (VfM) judgment-making for an award of the agreement