This highly interactive Tender Management Contract and Specification training course examines how organizations can identify and implement the most appropriate procurement strategies, as well as best practices for developing bid documents, criteria, and ratings.
This training course focuses on the most effective ways to address key contractual liability issues in order to reduce business risk due to cost and time overruns.
This RFP, specification, and contract management training course also includes tools, tips, and techniques for effectively resolving disputes and minimizing business costs and reputational risks. The majority of an organization's costs are spent on procuring goods and services, especially when dealing with global supply chain networks, as most industries and sectors do today. Therefore, applying the best management techniques during the bidding and procurement process and during the execution of the contract is important to ensure the cost of the business and the efficiency of the process.
Different Procurement Strategies
Best practice in the Procurement Process
Critical Issues in Developing Tender Documentation
Principal Contractual Liability Issues
Methods to Manage Performance Failures
Managing Claims and Resolving Disputes
Identify the most appropriate procurement strategy
Evaluate tendering and procurement best practices
Assess and manage key contractual risks
Compare ways of dealing with performance failures
Evaluate the most appropriate course of action when disputes arise
In this Managing Tenders; Contracts & Specifications training course, participants will gain greater knowledge through presentations by an experienced international practitioner designed to both educate and challenge. Extensive use will be made of case studies and real examples of contracts. Open and instructive group discussions will also be facilitated encouraging delegates to raise questions, and share their own experiences.
Tendering and procurement processes can involve multiple phases, during which, assessing the issues and how to deal with them can be a daunting task.
Expanding traditional procurement options to promote your organization’s goals
Exploring the risks of using different types of contracting strategy
Developing best practices in the production of tender documentation
Enhancing internal capacity to assess and manage key contractual risks
Ensuring better monitoring and managing of performance issues
Exploring alternative ways of reducing the impact of disputes
Broadening your knowledge of a variety of procurement strategies
Enhancing your knowledge of best practices in producing tender documentation
Extending your understanding of key risk areas and their management
Improving your knowledge of contract and relationship management
Developing your knowledge of monitoring and managing performance failures
Boosting your confidence in dealing with contractual issues and disputes
