* All fees are exclusive of vat
** PREMIUM - Customize your learning experience
A major portion of every organization’s operating cost is spent on outside goods and services. Based on this fact, executive management everywhere is determining that Managing Tenders, Specifications, and Contracts must emerge as a critical core competency if organizations are to increase revenue.
This training course is designed to explore many of the best practices in the initial phases of contracting and tendering so that participants will be able to implement the steps needed to create maximum total value for their organization.
What Do Participants Learn?
By the end of the course, participants will be able to:
List the contracting stages from setting the scope of work to awarding the contract
Outline the main objectives for the tendering process and recognize other alternative contracting methods
Prepare the tendering strategy, determine the sourcing method and scope of work of the project, and plan the evaluation process of the bidders
Evaluate in-depth the process of preparing tenders and selecting potential contractors
Identify preliminary, technical and commercial evaluation procedures and apply several methodologies using criteria, weights and scoring protocols to optimize bidder's selection process
Who Should Attend?
Anyone involved in management and leadership
Contracts, Purchasing, and Project personnel
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
Overview of contracting and tendering
Definition of a contract
Stages in contracting
Preparation and tendering
Award and administration
Purpose of tendering
Alternatives of tendering
Objectives of tendering
Setting scope of work
Planning the evaluation process
Developing tender documents
Invitation to tender
Terms and conditions
Receiving and opening bids
Contract pricing, fixed price, cost plus, unit price and measured work