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All programmesProcurement, Contracts & Logistics / PM-PRO-001

Managing the Procurement Cycle

A practical programme in managing the procurement cycle, connecting working concepts with team decisions and relevant workplace examples.

About the Course

This programme develops a working approach to managing the procurement cycle in the context of sourcing, contract performance and delivery choices. Participants move from understanding the main concepts to examining a case, testing alternatives and explaining a practical recommendation. The three modules focus on requirements, sourcing stages and controls. Examples are selected after the training brief so that they reflect the responsibilities and experience of the participant group.

Course Objectives

  • Explain the role of requirements and identify the information required for a reliable assessment.
  • Use a structured worksheet to examine sourcing stages and compare reasonable alternatives.
  • Identify assumptions, missing evidence and implementation concerns related to controls.
  • Prepare an option comparison with cost, service and exposure considerations for discussion with a supply-chain team.
  • Translate the exercise into a workplace action plan with owners, review points and measurable progress.

Who Can Benefit

  • Buyers and sourcing professionals: apply requirements to their responsibilities through a guided case and a course-specific worksheet.
  • Contract and supply-chain coordinators: apply sourcing stages to their responsibilities through a guided case and a course-specific worksheet.
  • Operations and logistics planners: apply controls to their responsibilities through a guided case and a course-specific worksheet.

Participant experience and learning needs are reviewed before the programme is confirmed.

Curriculum & Practical Work

Day 1

Requirements

Map a current situation involving requirements; separate facts from assumptions and identify questions that need clarification.

Day 2

Sourcing stages

Compare two approaches to sourcing stages; explain the expected benefits, limitations and information gaps.

Day 3

Controls

Develop an action plan for controls; assign responsibilities and agree how results should be reviewed.

Learning Method

Short concept discussions, guided worksheets, group comparisons and instructor feedback, followed by a workplace action plan.

Educational programme. No professional accreditation is implied; specialist legal, engineering or tax advice requires qualified professionals.