Pideya Learning Academy

Comprehensive Acquisition and Contract Management

Upcoming Schedules

  • Live Online Training
  • Classroom Training

Date Venue Duration Fee (USD)
06 Jan - 10 Jan 2025 Live Online 5 Day 2750
24 Mar - 28 Mar 2025 Live Online 5 Day 2750
26 May - 30 May 2025 Live Online 5 Day 2750
23 Jun - 27 Jun 2025 Live Online 5 Day 2750
11 Aug - 15 Aug 2025 Live Online 5 Day 2750
29 Sep - 03 Oct 2025 Live Online 5 Day 2750
10 Nov - 14 Nov 2025 Live Online 5 Day 2750
01 Dec - 05 Dec 2025 Live Online 5 Day 2750

Course Overview

The Comprehensive Acquisition and Contract Management course, offered by Pideya Learning Academy, is meticulously designed to empower professionals with the knowledge and skills essential for excelling in procurement, contracting, and acquisition roles. In an era where effective contract management can determine the success of both public and private sector initiatives, this course provides a holistic approach to mastering procurement lifecycles, contract administration, and compliance strategies.
With an increasingly competitive global landscape, organizations face mounting challenges in managing contracts for specialized services, research and development, IT solutions, and performance-based agreements. A report by Deloitte reveals that 65% of companies believe inadequate contract management results in financial loss, while over 50% cite poor vendor relationships as a critical factor in missed opportunities. Addressing these challenges, this training ensures participants develop a keen understanding of procurement dynamics, enabling them to align contracting practices with organizational goals and industry standards.
Participants of this Pideya Learning Academy program will explore procurement lifecycle management, from pre-solicitation planning to contract closeout, while gaining insights into strategic sourcing, risk management, and global procurement practices. The curriculum also covers emerging trends such as the integration of blockchain, IoT, and AI in procurement, preparing professionals to navigate the technological advancements reshaping the industry.
This course is designed to address the diverse needs of professionals in government, corporate, and military sectors, offering strategies tailored to their unique procurement challenges. By the end of this course, participants will have the tools to negotiate contracts effectively, manage supplier relationships, and ensure compliance with regulatory frameworks, contributing to enhanced organizational efficiency and cost savings.
Key highlights of this transformative course include:
Procurement Lifecycle Mastery: From identifying needs to contract termination, participants will learn every stage of the procurement process, ensuring efficiency and compliance.
Advanced Negotiation Techniques: Developing skills to secure favorable contract terms, including leveraging strategies like BATNA (Best Alternative to a Negotiated Agreement).
Risk and Performance Management: Equipping participants to identify risks, mitigate them effectively, and monitor contract performance against key indicators.
Legal and Regulatory Compliance: Understanding complex contract laws, Federal Acquisition Regulations, and global trade requirements.
Technology Integration: Exploring innovative tools like blockchain, AI, and smart contracts to enhance procurement processes.
Sustainability in Procurement: Adopting ESG considerations and life-cycle costing for environmentally responsible and financially sustainable contracts.
Global Procurement Standards: Gaining insights into international frameworks like WTO GPA, UNCITRAL, and FIDIC, essential for cross-border procurement excellence.
This Comprehensive Acquisition and Contract Management course is tailored for individuals seeking to advance their careers in procurement, enhance their organization’s operational efficiency, and adopt cutting-edge procurement technologies. With a robust curriculum blending theoretical knowledge and industry-relevant insights, participants will emerge as competent professionals ready to navigate complex acquisition and contract management challenges.
By choosing Pideya Learning Academy, participants are not just acquiring a certification; they are stepping into a transformative learning experience that equips them to create impactful, results-driven procurement strategies, ensuring their value in a competitive job market. Whether you’re a procurement officer, contract manager, or administrative professional, this training offers a unique opportunity to refine your skills and achieve excellence in acquisition and contract management.

Key Takeaways:

  • Procurement Lifecycle Mastery: From identifying needs to contract termination, participants will learn every stage of the procurement process, ensuring efficiency and compliance.
  • Advanced Negotiation Techniques: Developing skills to secure favorable contract terms, including leveraging strategies like BATNA (Best Alternative to a Negotiated Agreement).
  • Risk and Performance Management: Equipping participants to identify risks, mitigate them effectively, and monitor contract performance against key indicators.
  • Legal and Regulatory Compliance: Understanding complex contract laws, Federal Acquisition Regulations, and global trade requirements.
  • Technology Integration: Exploring innovative tools like blockchain, AI, and smart contracts to enhance procurement processes.
  • Sustainability in Procurement: Adopting ESG considerations and life-cycle costing for environmentally responsible and financially sustainable contracts.
  • Global Procurement Standards: Gaining insights into international frameworks like WTO GPA, UNCITRAL, and FIDIC, essential for cross-border procurement excellence.
  • Procurement Lifecycle Mastery: From identifying needs to contract termination, participants will learn every stage of the procurement process, ensuring efficiency and compliance.
  • Advanced Negotiation Techniques: Developing skills to secure favorable contract terms, including leveraging strategies like BATNA (Best Alternative to a Negotiated Agreement).
  • Risk and Performance Management: Equipping participants to identify risks, mitigate them effectively, and monitor contract performance against key indicators.
  • Legal and Regulatory Compliance: Understanding complex contract laws, Federal Acquisition Regulations, and global trade requirements.
  • Technology Integration: Exploring innovative tools like blockchain, AI, and smart contracts to enhance procurement processes.
  • Sustainability in Procurement: Adopting ESG considerations and life-cycle costing for environmentally responsible and financially sustainable contracts.
  • Global Procurement Standards: Gaining insights into international frameworks like WTO GPA, UNCITRAL, and FIDIC, essential for cross-border procurement excellence.

Course Objectives

After completing this Pideya Learning Academy training, participants will learn to:
Understand essential business concepts, theories, and their applications in acquisition and contract management.
Analyze and resolve business challenges using critical-thinking skills, focusing on procurement and contract management.
Create well-organized, audience-appropriate documents that align with organizational goals.
Recognize and respect ethical standards and appreciate diversity in the global economy as it pertains to procurement.
Apply theoretical knowledge in practical, real-world scenarios.
Work collaboratively in teams to address complex procurement challenges.

Personal Benefits

Participants of this course will gain:
Mastery of lifecycle-based acquisition strategies.
Expertise in legal and ethical procurement across public and private sectors.
Skills to expedite procurement processes and create sustainability plans.
Confidence to manage diverse procurement challenges in a competitive environment.

Organisational Benefits

Who Should Attend

This course is suitable for professionals at all managerial levels in any industry. It is ideal for:
Procurement officers
Business contract managers
Administrative personnel
Individuals aspiring to advance their careers in acquisition and contract management
Participants from non-business backgrounds are also encouraged to join, as foundational courses are integrated into the program to ensure comprehensive learning.

Course Outline

Module 1: Foundations of Acquisition and Contract Management
Acquisition Lifecycle and Contract Management Framework Procurement Taxonomy and Terminology Ethical Governance in Contracting Practices Regulatory Compliance (Local, Federal, and International) Legislative Updates on Procurement and Supply Chain Governance Transparency Protocols and Stakeholder Disclosure Processes Competency Development for Procurement Practitioners
Module 2: Strategic Procurement Planning
Procurement Needs Assessment and Demand Management Market Analysis and Supply Chain Mapping Development of Procurement Plans and Milestones Strategic Sourcing Methodologies and Best Practices Alignment of Procurement Strategy with Organizational Goals
Module 3: Building and Managing the Contract Team
Organizational Design for Procurement and Contracting Teams Authority Matrix and Delegation of Procurement Powers Procurement Communication Models and Stakeholder Engagement Competitive Tendering and Source Selection Strategies Information Security Protocols in E-Procurement Systems Data Classification and Access Management for Procurement Teams Document Control and Retention Policies Aligned with ISO Standards
Module 4: Solicitation Preparation
Pre-Solicitation Planning and Market Research Techniques Compliance with Historically Underutilized Business (HUB) Regulations Specification Development: Performance-Based and Design-Based Requirements Procurement Forecasting and Contract Term Optimization Bidder Qualification Criteria and Responsiveness Benchmarks Pricing Structures and Costing Models in Solicitation Documents Solicitation Document Creation: RFQ, RFP, IFB, and EOI
Module 5: Publication and Management of RFPs
RFP Lifecycle Management and Stakeholder Communication Plans Digital Platforms and E-Tendering Tools for RFP Management Pre-Solicitation Conferences and Bidder Query Handling Bid Advertisement Techniques for Increased Vendor Participation Securing and Verifying Electronic Bids and Digital Submissions Timely Response to Vendor Clarifications and Bid Amendments
Module 6: Evaluation and Awarding Contracts
Evaluation Frameworks: Multi-Criteria Decision Analysis (MCDA) Evaluation Manual Development and Standardization Protocols Technical and Commercial Bid Scoring Mechanisms Formation and Operation of Evaluation Committees Vendor Risk Assessment Tools and Techniques Conducting Oral Presentations and Competitive Dialogues Negotiation Techniques for BAFOs and Award Recommendations
Module 7: Contract Formation
Legal Constructs of Contract Formation: Offer, Acceptance, Consideration Drafting Key Contractual Provisions (Warranties, Liabilities, Indemnities) Structuring Agreements: Fixed-Price, Cost-Reimbursable, and Hybrid Models Risk Allocation through Contractual Clauses (Force Majeure, Termination) Approval Workflows and Electronic Signature Authentication Integration Clauses and Contract Consolidation Strategies
Module 8: Contract Administration
Scope of Work (SOW) Development and Deliverables Management Key Performance Indicators (KPIs) and Service Level Agreements (SLAs) Procurement Spend Analysis and Cost-Benefit Tracking Change Order Management and Variation Tracking Systems Dispute Avoidance and Alternative Dispute Resolution (ADR) Techniques Compliance with Contractual Reporting Obligations (ESG, Financial, Regulatory) Contract Closeout and Transition to Renewal or Termination
Module 9: Risk Management in Procurement and Contracts
Risk Identification and Categorization Quantitative and Qualitative Risk Assessment Tools Developing Risk Mitigation and Contingency Plans Risk Monitoring and Control Mechanisms Addressing Political, Economic, and Technological Risks
Module 10: Sustainability in Acquisition and Contract Management
Sustainable Procurement Practices and Frameworks Circular Procurement Models and Green Contracts Environmental, Social, and Governance (ESG) Considerations Life Cycle Costing (LCC) and Total Cost of Ownership (TCO) in Procurement
Module 11: Technology and Innovation in Procurement
Emerging Technologies in Procurement: Blockchain, IoT, and AI Smart Contracts and Their Applications E-Procurement Systems: SAP Ariba, Oracle Procurement Cloud, Coupa Data Analytics for Spend Analysis and Decision Support
Module 12: Financial and Cost Management in Contracts
Budgeting for Procurement Projects Cost Estimation Models and Techniques Contract Pricing Strategies (Fixed Price, Cost-Plus, Incentive-Based) Managing Overhead Costs and Financial Risks
Module 13: Global Procurement Standards and Practices
Overview of International Procurement Standards (UNCITRAL, WTO GPA, FIDIC) Cross-Border Contracting and Trade Compliance Cultural and Legal Challenges in Global Procurement Leveraging International Trade Agreements for Procurement Efficiency
Module 14: Advanced Negotiation Strategies
Principles of Win-Win Negotiation in Procurement Leveraging BATNA (Best Alternative to Negotiated Agreement) Managing High-Stakes Contract Negotiations Psychological and Behavioral Techniques in Procurement Negotiations
Module 15: Practical Applications and Capstone Project
Application of Procurement Tools: Cost Estimation Models and Bid Evaluation Tools Case Studies on Procurement Failures and Success Stories Risk Simulation Exercises in Contracting Scenarios Comprehensive Supply Chain Procurement Strategy Development Mock Negotiations: Contract Terms, Pricing Models, and Performance Clauses Final Capstone Project Presentation and Peer Evaluation

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