Vendor Management

Level

Details:
Duration | 1 day
Audience | Project managers, department managers, and decision makers associated
with vendor-based initiatives. Participants should be actively involved in vendor-based
projects or about to undertake an effort.

Course Includes:

  • Participant workbook

Description:
You did everything right, but the selected vendor/subcontractor’s performance is impacting the project. This course walks through the selection, acquisition, and vendor performance management processes to ensure your projects are being delivered on-time, within budget, and with the scope and quality you expect. Course participants will work through the request for bid process and the three stages of vendor management: preparation, selection/acquisition, and management. Through interactive discussions and exercises, participants will complete a vendor selection simulation, learn to work with vendors to get feedback about scope, schedules, and costs, and apply best practices and techniques.

Benefits:

  • Leave with a proven framework for objectively selecting vendors to perform work
  • Learn best practices for product selection and procurement
  • Understand processes and tools to implement vendor and product evaluation, selection, and management
  • Leave equipped with contract negotiation skills to enable win-win scenarios in vendor relationships