Project, Contract

Training Course: Advanced Purchasing Management


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PC4096

24 - 28 Feb 2025

London (UK)

Hotel : Landmark Office Space - Oxford Street

Cost : 5250 € Euro

Introduction

This training session is for experienced project managers to examine advanced project and program management techniques, building on the basics to help ensure success even for large and risky projects and programs. This program stresses project management processes as an integral part of organizational culture and what senior management must do to support it and make it successful within an organization. This course aligns with the Project Management Institute’s (PMI) Project Management Body of Knowledge.

Project scope management and stakeholder analysis work continues to improve across the project and program management discipline. Learn the newest tools and technologies for handling stakeholders, and building quality into your project.

Learn the newest concepts and techniques for project planning, estimating, and scheduling. Discover how queuing theory, the Theory of Constraints (Critical Chain Project Management), and other advanced concepts can help you develop solid, reliable, efficient and effective project plans.

Continue your development with advanced program risk and uncertainty analysis. Learn strategies for handling uncertainty, discover the network affects of project risks, and discover advanced methods for identifying and qualifying project and program risks.

Course Objectives of Advanced Purchasing Management

  • Improve risk management throughout the project life cycle
  • Track projects with solid metrics, not with speculation
  • Better handling of difficult vendors
  • Improved time and cost estimates for risky and challenging projects
  • Reduce cost and schedule risks using advanced, proven techniques
  • Accurately report progress even on complex and risky projects
  • Improve stakeholder communication and involvement

TRAINING METHODOLOGY

How you will benefit:

  • Understand and master the people skills needed for effective project management
  • Develop skills to communicate horizontally across functional levels and vertically with senior levels of management
  • Effectively define project objectives and assignments
  • Effectively utilize scheduling methods and tools to support project control and analysis
  • Develop and utilize risk management, contingency planning and change control
  • Effectively prioritize objectives and assignments

And you will learn:

  • Advanced tools for scheduling and control
  • Planning for contingencies
  • Aligning projects to the enterprise by defining project drivers and considerations
  • Skills to enhance teamwork and managing conflict
  • To select, develop and evaluate Project Managers
  • Purchasing, supply chain management, and contract administration
  • Management of supplier relationships
  • Optimization planning
  • Strategies to survive in a resource-constrained environment

Course Outlines of Advanced Purchasing Management

DAY 1

  • Introduction
    • Why do we do projects?
    • What is a project?
    • What is project management?
    • Project Delivery Systems / Life-cycle Models
  • Initiating
  • Project selection
    • Qualitative techniques
    • Quantitative techniques - Economic Evaluation
  • Selecting the right project manager
  • Project Objectives and Stakeholder assessment - who wants what?
  • Identification of stakeholders
  • Stakeholder analysis
  • Management of stakeholders

DAY 2

  • Planning
    1. Task Characteristics and Duration Assessment
    2. Planning and Scheduling Methods
    3. Critical Path vs Critical Chain Scheduling
    4. Resource Allocation Methods
    5. Time-Cost Trade-off
    6. Lead/Lag Scheduling
    7. Critical Chain scheduling

DAY 3

  • Proactive Project Risk Management
    • What do we mean by risk?
    • Risk vs. uncertainty
    • Attitudes towards risk
    • Risk identification, factors, and sources
    • Risk analysis approaches
    • Qualification and quantification of probability and impact
    • Dealing with subjective elements of risk
    • Risk strategies

DAY 4

  • Executing
    • Lean Construction Strategies
    • Staff Acquisition
    • Team Development and Motivation
    • Leadership vs Management
    • Management styles and Conflict Handling

DAY 5

  • Monitoring and controlling
    • Using Earned Value to report accomplishment
    • Implementing Risk strategies
  • Project Closing

Project, Contract

Training Course: Advanced Purchasing Management


Register Now
Quick Inquiry
Discount Group Download Brochure (37)

PC4096

24 - 28 Feb 2025

London (UK) - Landmark Office Space - Oxford Street

Hotel : Landmark Office Space - Oxford Street

Cost: 5250 € Euro


  About London

The UK capital of London is a city that combines the old and the new. It is as equally famous for the latest fashion and innovation as it is for its impressive heritage. London's attractions range from the Royal Palace to the DIY atmosphere of its markets. It is also a picturesque city of parks and of course, the majestic Thames River. The city extends for miles beyond its ancient core and each neighborhood has its own charming atmosphere for visitors to explore. London also wears its status as a world city proudly and the influence of different cultures is plain to see in the food and fashion of the capital.


  Things to do and places to visit in London

With so many attractions in London, anyone can find something to delight them. Art lovers will enjoy the world-renowned museums and galleries, most of which are free. Sports fans are spoilt for choice by the city's array of football clubs. Theatre and music fans have a vast list of venues to visit, whilst shopaholics have Harrods, Oxford Street, Camden and much more to look forward to after arranging flights to London.

Some unmissable London attractions include:

  • Seeing priceless masterpieces in the Tate Britain or the National Gallery.
  • Watching the changing of the guard at Buckingham Palace.
  • Visiting Trafalgar Square's famous monument.
  • Marveling at the Crown Jewels in the Tower of London.
  • Getting a bird's eye view of the city from the London Eye.
  • Tasting one of Brick Lane's famous curries.
  • Browsing the exclusive shops of Knightsbridge.
  • Visiting a market – Spitalfields for antiques, Camden for clothes or Borough Market for street food.
  • Admiring design from around the world in the Victoria and Albert Museum.
  • Looking for clues at the home of fiction's most famous detective, Sherlock Holmes.
  • Strolling through one of the lovely parks, including Hyde Park, St James' Park or Kew Gardens.
  • Eating Britain's most famous dish, fish and chips.
  • Watching the street performers in Covent Garden.
  • Enjoying the views at a South Bank cafe.
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