Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Training on Managing Tenders, Specifications and Contracts

By: Devimpact Institute

Kenya

11 - 15 Mar, 2024  5 days

Follow Event

  

USD 950

Venue: Devimpact Institute Training Centre Nairobi

A significant portion of an organization’s expenses goes into purchasing goods and services, especially when doing so necessitates the use of a worldwide supply chain network, as is the case in the majority of today’s companies and industries. The tendering process is where most contracts are created in an organization. The organization invites bids for the tender process from a variety of competent contractors to carry out the proposed works. This approach makes it easier for the organization to choose a qualified contractor, and it also makes it easier for contractors to comprehend the precise requirements of the work and the risks associated with performing them.

This training course on Managing Tenders, Specifications and Contracts provides delegates with an insight into how an organization can identify and use the most appropriate procurement strategy and discusses best practices in developing tender documentation, criteria, and evaluation.

Target Participants

This course is ideal for supply chain and procurement professionals, project managers, finance staff, operational staff, government officials, and any other professionals who want to build their skills in supply chain management.

Course Duration

Online     7 Days

Classroom-based     5 Days

What you will learn

By the end of this course the participants will be able to:

  • Identify the most appropriate procurement strategy.
  • Develop methods of contractor performance measurement
  • Understand methods of tender evaluation
  • Review contract strategies
  • Explore steps in developing performance-based service contracts.
  • Evaluate tendering and procurement best practices.

Course Outline

Procurement Strategies and Best Practices

  • Elements of procurement best practice
  • Types of procurement strategy
  • Risk management process
  • Balancing risk through contract strategy
  • Supply chain risk assessment
  • Exposure to bribery and corruption

Developing Tenders and Specifications

  • Developing the scope of work and specification
  • Selection and evaluation criteria
  • Cost and price analyses
  • Objectives of the contract
  • Ancillary documents and issues
  • Negotiation tools and techniques

Key Elements of the Contract

  • Principal performance obligations
  • Scheduling and completion
  • Liabilities, indemnities, and insurance
  • Ownership and risk
  • Pricing and payment
  • Governing law

Managing Change and Performance Failures

  • Assignment, novation, and subcontracting
  • Implications of varying performance
  • Managing external events
  • Performance-based contracting
  • Default mechanisms
  • Other remedies

Contract Claims and Completion

  • Types and assessment of claims
  • Tiered dispute resolution mechanisms
  • Formal dispute resolution
  • Contract closeout
  • Contract review, evaluation, lessons learned.

Training Approach

This course is delivered by our seasoned trainers who have vast experience as expert professionals in their respective fields of practice. The course is taught through a mix of practical activities, theory, group work, and case studies.

Training manuals and additional reference materials are provided to the participants.

Certification

Upon successful completion of this course, participants will be issued a certificate.

Tailor-Made Course

We can also do this as a tailor-made course to meet organization-wide training needs. A training needs assessment will be done on the training participants to collect data on the existing skills, knowledge gaps, training expectations, and tailor-made needs.

Devimpact Institute Training Centre Nairobi Mar 11 - 15 Mar, 2024

Registration: 00:00:am - 00:00:am

Class Session: 08:00:am - 04:00:am

USD 950.00 + 47.50 (VAT)(Classroom-based)
USD 600.00 + 30.00 (VAT)(Online)
(Convert Currency)

Devimpact Institute +254714349537

Related Courses

Training on Negotiation Skills Training on Negotiation Skills

5 days, 04 - 08 Mar, 2024 

2024-03-04 12:03:00 2024-03-04 12:03:00
Kenya

Devimpact Institute

We all work in an immensely complex business and professional environment where we must negotiate with external parties like clients, customers, suppliers and contractors and internal parties like ...

Training on Participatory Monitoring and Evaluation Training on Participatory Monitoring and Evaluation

5 days, 04 - 08 Mar, 2024 

2024-03-04 12:03:00 2024-03-04 12:03:00
Kenya

Devimpact Institute

‘Participation’ has become a critical concept in development. Donors, governments, and NGOs are insisting upon participatory approaches in assessing needs and in implementing programmes. ...

Training on Mastering Sales and Marketing in the Age of Social Media Training on Mastering Sales and Marketing in the Age of Social Media

5 days, 04 - 08 Mar, 2024 

2024-03-04 12:03:00 2024-03-04 12:03:00
Kenya

Devimpact Institute

Social media marketing is most effective when combined with other aspects of your marketing strategy. Social media technologies take on many different forms including magazines, internet forums, web ...

Training on Financial Risk Management Training on Financial Risk Management

5 days, 04 - 08 Mar, 2024 

2024-03-04 12:03:00 2024-03-04 12:03:00
Kenya

Devimpact Institute

Risk management is arguably more important now than it has ever been. Considering rising globalization, governments and corporations are continually confronted with new threats. Fortunately, there is ...