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Course Overview: Embark on a journey through the world of procurement with our course, "The Journey of Procurement Strategy." This course is meticulously designed to provide a deep understanding of procurement strategies and their practical applications, making it an ideal introduction for those pursuing RICS Procurement Competency and PMI-CP Procurement part.
Course Objectives:
Define Procurement Strategy and Its Path: Gain insights into the fundamental principles of procurement strategy, understanding its development and implementation.
Explain Client Objectives and Procurement Strategy Constraints: Learn how to align procurement strategies with client objectives while navigating potential constraints and challenges.
Define and Differentiate Between Procurement Routes: Explore various procurement routes, understanding their unique characteristics and applications.
Define Tender Options: Delve into the different tendering processes, evaluating their advantages and best use cases.
Define Different Types of Contracts: Understand the various contract types, including lump sum, target cost, unit price, and cost-plus contracts, and their implications for procurement.
Explain Pricing Documents: Learn how to create effective pricing documents that ensure transparency, accuracy, and support decision-making
Learning Outcome: By the end of this course, participants will be able to:
Develop and implement effective procurement strategies.
Align procurement activities with client objectives and manage constraints.
Choose appropriate procurement routes and tender options.
Understand and apply different types of contracts in procurement scenarios.
Deep Understanding pricing documents.
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