Procurement and Contract Management in Construction Projects Course
Procurement and Contract Management in Construction Projects Course
Effective procurement and contract management are critical to delivering successful construction projects on time and within budget. The Procurement and Contract Management in Construction Projects course provides professionals with the essential skills to manage the tendering process and post-tender contract administration efficiently. With over 70% of construction disputes arising from contract mismanagement, mastering procurement strategies is key to minimizing risks and ensuring smooth project execution.
This course covers selecting the most appropriate procurement method for construction projects, contract negotiation techniques, and best practices for managing contractual obligations. Studies show that proper contract management can reduce project delays by 20% and cost overruns by 15%. Whether you’re a project manager, engineer, or procurement specialist, this program will enhance your ability to navigate complex contracts and improve project outcomes. Upon completion, participants will earn 15 PDUs, accepted by PMI-USA, boosting their professional credentials in the construction industry.
Completed 2+
Batches
15 PMI – USA Accepted
Contact Hours
Internationally Valid
Certification
Benefits on having this course
Enhanced Career Opportunities:
Gain specialized knowledge in procurement and contract management, making you a valuable asset for roles in construction project management, contract administration, and supply chain management.
Increased Earning Potential:
Professionals with expertise in procurement and contract management are highly sought after, leading to better job prospects and higher salaries in the construction industry.
Stronger Contract Negotiation & Management Skills:
Learn how to draft, review, and manage contracts effectively, ensuring compliance, minimizing risks, and optimizing project outcomes.
Better Risk Management & Legal Awareness:
Develop a deep understanding of construction law, dispute resolution, and risk mitigation strategies to handle complex contractual challenges with confidence.
- What is procurement
- Why it is important
- Procurement Guidelines
- Procurement process
- Procurement policies
- Procurement principles
- Procurement ethics
- Procurement functions
- Applicable procurement methods in the
construction industry
- Selection of procurement methods for
construction projects - Documents in a tender document
- Contract Management
- Contract Administration
- What is a Contract
- How the contract is formed
- Contract management cycle
- Benefit of contract management
- Work under contract administration
- Role players in construction contracts
- Brief outline of Conditions of Contract
- Priority documents
- Example of main events under a contract
- Variations and claims in construction contracts
- MCQ type questions
The PMP certification is highly regarded in the project management field and can enhance your career prospects. It demonstrates your knowledge and expertise in project management, increases your earning potential, and opens up opportunities for leadership roles in project management
The PMP course covers various aspects of project management, including project initiation, planning, execution, monitoring and controlling, and project closure. It also covers knowledge areas such as scope management, time management, cost management, quality management, risk management, and communication management.
The PMP course is suitable for professionals who are involved in project management or aspire to be project managers. It is ideal for project managers, team leaders, consultants, and individuals responsible for managing projects of various sizes and complexities.
To be eligible for the PMP course, you need to fulfill certain prerequisites set by PMI. You must have a secondary degree (high school diploma, associate’s degree, or global equivalent) with at least five years of project management experience, or a four-year degree (bachelor’s degree or global equivalent) with at least three years of project management experience.