Project Management in Procurement and Contracting

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Project Management in Procurement and Contracting
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P3379

London (UK)

05 Oct 2026 -09 Oct 2026

5830

Overview

Introduction:

Procurement and contract management are fundamental disciplines that support the successful delivery of projects across diverse organizational environments. Effective procurement and contract management strengthen resource utilization, stakeholder coordination, and governance while ensuring alignment with project objectives, schedules, and organizational priorities. This training program explores procurement planning frameworks, contracting principles, supplier management, procurement governance, and risk management throughout the project lifecycle. It presents structured approaches for aligning procurement activities with project requirements while supporting compliance, contractual integrity, and organizational performance.

Program Objectives:

By the end of this program, participants will be able to:

  • Analyze procurement management frameworks within project environments.

  • Evaluate procurement planning strategies aligned with project scope, schedule, and cost objectives.

  • Assess supplier evaluation and vendor management practices throughout the project lifecycle.

  • Examine contract structures, contractual obligations, and contract administration principles.

  • Explore procurement governance, risk management, and compliance frameworks supporting project success.

Target Audience:

  • Project Managers.

  • Procurement Officers.

  • Contract Management Professionals.

  • Project Engineers.

  • Supply Chain and Sourcing Managers.

Program Outline:

Unit 1:

Procurement in the Project Lifecycle:

  • Project management processes and knowledge areas.

  • Procurement functions across the project lifecycle.

  • Procurement integration with project scope and scheduling.

  • Stakeholder roles and procurement governance.

  • Procurement alignment with project objectives and deliverables.

Unit 2:

Procurement Planning and Strategy:

  • Procurement management planning frameworks.

  • Make-or-buy analysis and sourcing strategies.

  • Supplier prequalification and market assessment.

  • Procurement scope, specifications, and evaluation criteria.

  • Procurement budgeting and project cost alignment.

Unit 3:

Contracting Principles and Contract Management:

  • Contract types and procurement contracting strategies.

  • Contract terms, obligations, and contractual conditions.

  • Legal and commercial contracting considerations.

  • Contract lifecycle management frameworks.

  • Roles and responsibilities in project contract management.

Unit 4:

Supplier Selection and Performance Management:

  • Supplier solicitation and proposal evaluation frameworks.

  • Vendor negotiation and contract award frameworks.

  • Supplier relationship management principles.

  • Procurement and contract performance measurement.

  • Contract disputes, claims, and supplier performance issues.

Unit 5:

Procurement Risk Management and Governance:

  • Procurement and contractual risk identification.

  • Procurement risk response frameworks and contractual safeguards.

  • Procurement compliance and regulatory requirements.

  • Procurement audit and control mechanisms.

  • Procurement governance structures and organizational oversight.