Leadership in Procurement and Contract Oversight Training Course

Introduction

Effective procurement and rigorous contract oversight are vital for maximizing value, minimizing risk, and ensuring transparency in any organization, especially within the public sector. This intensive 5-day training course is meticulously designed to equip leaders with the strategic insights, governance frameworks, and practical skills necessary to transform procurement from a transactional function into a strategic asset that delivers optimal results and safeguards public resources.

This program delves into the entire procurement and contract lifecycle, from strategic sourcing and negotiation to performance monitoring and dispute resolution. Participants will learn how to champion best practices, mitigate common pitfalls, and foster a culture of accountability and integrity in all procurement activities, ultimately enhancing organizational efficiency, achieving value for money, and bolstering public trust.

Duration: 5 Days

Target Audience

  • Heads of Procurement Departments and Units
  • Senior Managers overseeing Contracts and Supply Chain
  • Project and Program Managers responsible for large contracts
  • Legal and Compliance Officers involved in Procurement
  • Executives and Board Members with oversight responsibilities for procurement and contracts

Objectives

Upon completion of this course, participants will be able to:

  • Develop and implement strategic procurement plans aligned with organizational goals.
  • Master effective negotiation techniques for achieving favorable contract terms.
  • Establish robust systems for contract monitoring, performance management, and risk mitigation.
  • Champion ethical practices and ensure compliance in all procurement activities.
  • Lead and manage teams to achieve excellence in procurement and contract oversight.

Course Modules

Module 1: Strategic Procurement Leadership

  • Defining Strategic Procurement and its Value Proposition
  • Aligning Procurement with Organizational Vision and Objectives
  • The Role of Leadership in Driving Procurement Excellence
  • Understanding the Procurement Landscape and Market Dynamics
  • Building a High-Performing Procurement Function

Module 2: Procurement Planning and Sourcing Strategies

  • Needs Assessment and Demand Forecasting
  • Developing Comprehensive Procurement Plans
  • Strategic Sourcing Methodologies and Supplier Segmentation
  • Market Research and Vendor Profiling
  • Risk Identification in the Sourcing Process

Module 3: Tender Management and Bid Evaluation

  • Designing Clear and Effective Tender Documents (RFPs, RFQs)
  • Pre-qualification and Supplier Selection Processes
  • Establishing Objective Bid Evaluation Criteria and Scorecards
  • Managing the Tender Process with Integrity and Transparency
  • Addressing Common Pitfalls in Bid Management

Module 4: Contract Negotiation and Formation

  • Principles of Effective Contract Negotiation
  • Key Contract Clauses and Terms & Conditions
  • Legal Aspects of Contract Formation and Enforceability
  • Managing Expectations and Building Collaborative Relationships
  • Recognizing and Mitigating High-Risk Contract Language

Module 5: Contract Implementation and Administration

  • Contract Kick-off and Transition Planning
  • Tracking Milestones, Deliverables, and Payments
  • Effective Communication and Stakeholder Management
  • Change Management in Contracts: Variations and Amendments
  • Document Management and Record Keeping

Module 6: Contract Performance Monitoring and Management

  • Developing Key Performance Indicators (KPIs) for Contracts
  • Performance Monitoring Techniques and Tools
  • Addressing Non-Compliance and Underperformance
  • Incentive and Penalty Mechanisms in Contracts
  • Continuous Improvement in Contract Delivery

Module 7: Contract Risk Management and Dispute Resolution

  • Identifying and Assessing Contractual Risks (Financial, Operational, Legal, Reputational)
  • Developing Risk Mitigation Strategies for Contracts
  • Early Warning Systems for Contractual Issues
  • Alternative Dispute Resolution (ADR) Mechanisms
  • Contract Termination and Closeout Procedures

Module 8: Ethical Procurement, Compliance, and Digital Transformation

  • Anti-Corruption and Fraud Prevention in Procurement
  • Ethical Sourcing and Sustainability Considerations
  • Regulatory Compliance and Legal Frameworks in Procurement
  • Leveraging Technology for Procurement and Contract Management (e-Procurement, CLM)
  • Future Trends and Innovations in Procurement Leadership

CERTIFICATION

  • Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

  • Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

  • Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com

 

Leadership In Procurement And Contract Oversight Training Course in Kuwait
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