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This program trains professionals in procurement strategies, vendor evaluation, contract administration, and cost control to support efficient project execution in industrial environments.
The Procurement Management and Controls Program develops skills to manage procurement processes in industrial projects. It introduces procurement fundamentals, lifecycle, stakeholder roles, and ethics & compliance. Commercial awareness includes vendor management, prequalification, evaluation criteria, performance tracking, and relationship management. Material planning and control covers MRP basics, lead time analysis, inventory optimization, and shortage mitigation. Cost and budget control includes cost comparison, negotiation strategies, cost saving measures, and approval workflows. Contracts and PO management covers PO creation, terms & conditions, change management, and claims awareness. Expediting and logistics include expediting methods, inspection coordination, transportation planning, and delivery assurance. Quality and inspection cover ITP coordination, material inspection, NCR handling, and acceptance process. Risk management includes supply chain risks, market volatility, alternate sourcing, and mitigation planning. Documentation and reporting cover procurement reports, audit trail, compliance records, and client reporting. Shutdown and project procurement includes critical spares, bulk procurement, turnaround support, and time-bound sourcing.
The module highlights how thoughtful planning can directly improve project quality, reduce accidents, and help projects finish on time and within budget.
Engineers or graduates with interest in supply chain or commercial roles in projects.
Master procurement planning, tendering processes, and supplier qualification methodologies, Develop skills in contract negotiation, performance monitoring, and dispute resolution, Apply cost control techniques including variance analysis and procurement reporting, Understand ethical sourcing and compliance with industry regulations, Improve career opportunities in project procurement and materials management
Trainees explore the five key phases of a project life cycle — initiation, planning, execution, monitoring & control, and closure.
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