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Procurement Project Management

Course Summary

The “Procurement Project Management” training is designed to equip procurement professionals with the essential skills and knowledge required to effectively manage large procurement projects. Multi-million/Multi-billion purchases require synchronous working of multiple companies and multiple departments within an organization. To enable business to reach the targeted milestone of commissioning a project or launching a product in the market, procurement project planning needs to be robust(especially in case of large capex purchases). This comprehensive program focuses on the principles, methodologies, and best practices of project management tailored specifically for procurement initiatives. Participants will learn how to plan, execute, and control procurement projects, ensuring successful outcomes, stakeholder satisfaction, and alignment with organizational goals.

Course Objectives

Understand and Learn

  • Key concepts and elements of developing a Category Strategy
  • How to use and apply the Procurement Handbook and the Lever Selection Tool Bull’s Eye
  • How to manage and address all spend within Procurement Categories
  1. Introduction to Procurement Project Management
  • Overview of Procurement Project Management: Importance and Scope
  • Key Differences between Regular Project Management and Procurement Project Management
  • Understanding the Project Life Cycle in Procurement
  • Case Studies: Successful Procurement Project Management Examples
  1. Procurement Project Planning and Scope Management
  • Project Initiation and Scope Definition in Procurement Projects
  • Work Breakdown Structure (WBS) and Procurement Project Scheduling
  • Resource Planning and Allocation for Procurement Projects
  • Workshop: Developing Project Charters and WBS for Procurement Projects
  1. Procurement Project Execution and Risk Management
  • Procurement Project Execution: Managing Procurement Processes
  • Vendor and Contract Management in Procurement Projects
  • Risk Identification, Assessment, and Mitigation in Procurement Projects
  • Simulation Exercise: Handling Procurement Project Execution Challenges
  1. Procurement Project Monitoring and Control
  • Performance Measurement and Control in Procurement Projects
  • Stakeholder Communication and Engagement Strategies
  • Change Management in Procurement Projects
  • Case Studies: Effective Monitoring and Control in Procurement Projects
  1. Closing and Implementing Best Practices
  • Procurement Project Closure: Deliverables, Documentation, and Lessons Learned
  • Implementing Best Practices in Procurement Project Management
  • Continuous Improvement Strategies for Procurement Project Management
  • Course Review, Feedback, and Closing Remarks

Pre-requisites: Understanding of end to end procurement process

Target Audience

  • Category Managers
  • Other employees working within Category Management
  • Employees with an active role in the Plan-to-Strategy process

A pre-requisite for attending the course is ownership of a specific category or spend area.

Course Duration

2 Days

Facilitator

Ctrlpsend Procurement Employees

Course Fee

$600

Place

Classroom/Virtual upon request

Cancellation policy

Deadline for cancellation free of charge is 4 weeks prior to each course. In case of a cancellation later than that, the employee’s department will be charged the full course fee. The departments/business units are allowed to replace their participants.

©2025. CtrlSpend Solutions Private Limited. All Rights Reserved.

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