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

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

Requirements

Motivated to become a better project manager

Description

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 advancementPractical - developed with industry experts for real-world applicationFast-streamlined content focused on essential knowledgeResource-Rich - includes downloadable slides and materialsWe 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 - IntroductionWhat is project procurement managementProcurement vs Contract ManagementContracts are the key to career progressionWhy is procurement essentialKey procurement documentsWhere procurement fits inProcurement made simpleHow to think about contractsSection 2 - PMBOK Procurement Management ProcessPlan Procurement ManagementWriting a scope of worksMake or buy decisionsConducting procurementControlling procurementSection 3 - Construction ApplicationsUnderstanding markets and supply chainsUnderstanding construction contractsConstruction procurement routesConstruction procurement and contract managementHow to become a construction contract managerAI and Construction ContractsSection 4 - ConclusionPractice Exam QuestionsLet's get started!

Who this course is for

Project Managers
Construction Managers
Project Engineers
Contracts Administrators
Homepage:

https://www.udemy.com/course/procurement-contract-management-complete-guide/