Construction Project Procurement Management

This course addresses the regulatory aspects of construction projects and covers procurement processes, focusing on acquisition of materials, equipment, labour and professional services. It covers contracts and associated risk, negotiations, transportation, expediting of procured items, changes to purchase orders and contract administration. Ethical standards in purchasing, regulatory requirements and contract law will be covered. Participants will be able to describe the concepts of professional practice and explain the potential liabilities that construction project managers may be exposed to. Practical examples from the construction industry will be used to discuss, analyze and apply procurement solutions to project scenarios. Participants will also review contract and procurement strategies that may be applied to reducing project risk and making sound economic decisions. Note: This course is eligible for 42 professional development units (PDUs) with the Project Management Institute (PMI). This course has been accepted for accreditation for seven special industry course (SIC) credits by the Gold Seal Accreditation Board.

 

Note: Check with the institution regarding start/end dates, prices, and delivery method. These may vary according to program, section, and/or semester.