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Vendor Management in Projects

Vendor Management in Projects
Duration: 1 day
Language: English / Putonghua / Cantonese
Remote live instructor-led interactive training

Additional Information

Workshop Description

This is an intermediate-level workshop providing participants with the key skills for successful outsourcing and vendor management. The ability to manage vendors and third-party suppliers is essential for every manager nowadays. Projects inevitably involve equipment vendors, subcontractors, or both, whereas increased operation is outsourced to third-party service providers. It is important to excel in every aspect of a vendor management cycle starting from make-or-buy / in-source or outsource decision, vendor identification and selection, service transition, to managing the vendor over the life of a contract. Participants will have a holistic view of vendor management and pick up related skills.

Audience

  • Project Managers, Procurement Manager, and stakeholders
  • People who need to work with external parties
  • PMP® Certified aiming at gaining PDU
  • Non-PMP® Certified or Agile professionals who plan to achieve related credentials

Topics Covered

  • Introduction
  • The Outsourcing Life Cycle
  • Self-Awareness
  • Vendor Communication
  • Relationship Management
  • Vendor Performance Management
  • Contract Management
  • Risk Management
  • Vendor Negotiation
  • User Management

Learning Objectives

Upon completion of this workshop, you will be able to:

  • Know the whole picture about why outsourcing
  • Describe the outsourcing lifecycle
  • Increase success rate of projects
  • Manage vendors more effectively
  • Ensure vendor deliver properly at projects

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