Description
Executives and senior managers need to ensure procurements are conducted fairly. This half-day course explains the impact of the latest court decisions on tenders and RFPs and will assist participants in evaluating risky areas for their organization. It highlights the latest innovative methods for managing procurement risk and explains how to limit personal and professional exposure to liabilities.
Topics
- Contracting options and methods
- Competitive contracting law
- Duties of the RFP organization
- Avoiding personal and corporate liability
- Preferences, bias and conflict of interest
- The role of the executive
- Six tips for successful procurements
Learning Objectives
- Define competitive contracting methods and when each is appropriate
- Understand the laws of competitive contracting and how they apply
- Demonstrate how to avoid allegations of preference, bias and conflict of interest during evaluation processes
- Identify high risk areas in procurement practices and recommend changes to reduce these risks
- Learn how to avoid personal and corporate liability claims
Expected Outcomes
Participants will identify areas of high risk within their organization’s procurement and contracting practices and learn strategies to manage these risks effectively to ensure best value from competitive processes. They will also learn the appropriate role for executives overseeing procurement processes, including effective governance models.
Learning Methods
Pre-reading, lecture and PowerPoint presentation, facilitated discussions, case study examples, group exercises and scenario-based learning.
Complimentary Courses
- Introduction to Competitive Contracting for Buyers
- Best Practices in Competitive Contacting OR How to Avoid Service Contract Disasters
