Program Overview

Course Description

The course OLCD-PROJ0060, Project Procurement & Contract Management, is a 7-hour learning experience spread over two days. It is recommended that students dedicate an additional hour to this course over the two-day period. This course is designed to guide students through procurement practices, the bid process, contract negotiations, and managing contractors and vendors for optimal performance. It also provides an introduction to contract law, offering fundamental tools for project managers and insights into the roles of procurement officers or buyers on project teams.

Course Outline

Session 1

• Introduction
• Procurement objectives
• Definitions
• The procurement process
• Plan procurement
• Conduct procurements
• Due diligence

Session 2

• Contract administration
• Control procurements
• Contract closure

What You Will Learn

• Understanding and using procurement management terminology
• Techniques, tools, and skills for managing contracting and procurement on projects
• Best practices for defining the work required to manage a specific contract
• Creating a plan for administering the contract and managing the vendor
• Coordinating and monitoring on-site contractors professionally
• Valuing the importance of knowing contractual requirements

Prerequisites

• Project Management Essentials (OLCD-PROJ0030) must be completed.

Recommended For

• Individuals working on projects in any industry who want to improve their procurement management skills and understanding of procurement roles and responsibilities.
• Project managers, project coordinators, subject matter experts, technical personnel, team members, managers, and key support personnel.
• Purchasing professionals looking to transition into a project environment.
• Those seeking to increase their marketability in the project management job market.

Applies Towards the Following Certificates

• Certificate in Project Management: Electives

Course Details

• Section Title: Project Procurement & Contract Management
• Type: Online - Scheduled
• Days: Tuesday, Wednesday
• Time: 9:30AM to 1:00PM
• Dates: March 24, 2026, to March 25, 2026
• Location: Online Campus - Atlantic Time
• Instruction Delivery Method(s): Online - Scheduled
• Course Fee(s): $578.00 (non-credit)
• CEUs: 0.7 CEUs
• Instructors: Procept Associates

About Procept Associates

Procept Associates has a long history of delivering professional training in Canada and worldwide. They have been involved in various milestones in project management training, including delivering the first Project Management Professional (PMP) preparation class in Canada and creating the first formal project management course at a Canadian university. Procept maintains relationships with higher education institutions, offering classes through several universities. Their instructors teach graduate classes and post-graduate professional development classes. Procept is also a key partner for major corporations, delivering customized in-house training, and has been recognized for its thought leadership in agile practices.