An Intensive 10-day Training Course
Mastering Procurement & Contract Management
Modules
This training course is split into two modules:
MODULE I - Procurement Management of Equipment and Works for World Bank Aided Projects
MODULE II - Contract Risk Management & Compliance
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Course Outline
Module 1: Procurement Management of Equipment and Works for World Bank Aided Projects
Day One
The World Bank’s New Procurement Framework
- The World Bank and Its Five Organisations
- World Bank Procurement Policy Aims and Objectives
- The World Bank’s Six Stage Project Cycle for Funded Projects
- Core Principles in the New Procurement Framework
- A New Emphasis on Value for Money
Day Two
The World Bank Project Procurement Strategy for Development (PPSD)
- Preparing the Draft PPSD
- Selecting an Appropriate PPSD Template
- Strategic Assessment of the Borrower’s Operational Context and Capability
- Developing the PPSD Supplier Market Analysis
- Carrying-out a Procurement Risk Analysis
- Turning a Needs Assessment into Development Objectives
Day Three
Developing the Borrower’s Procurement Plan
- The Procurement Cycle
- Common Abbreviations and Defined Terms
- Designing the Procurement Approach and Objectives
- Defining the Requirements and Writing the Specification
- Working with Stakeholders to Develop the Procurement Plan
- Securing the Bank’s “No Objection”
Day Four
Competitive Bidding under the New Procurement Framework
- Important Regulations about International Competitive Bidding (ICB)
- Approved Selection Methods
- Using World Bank’s Standard Procurement Documents (SPDs)
- Request for Bids
- Request for Proposals
- Use of BAFO and Negotiation
- Innovative Selection Arrangements
- Competitive Dialogue
- Public Private Partnerships
- E-Auctions
- Community Driven Development
- General and Special Conditions of Contract
- INCOTERMS
Day Five
Running an Effective Procurement for a World Bank Aided Project
- Evaluation of Supplier Bids and Proposals
- The “Substantially Responsive” Bid
- Qualifying Criteria, Pre-qualification and Initial Selection
- Using Rated Criteria
- Life Cycle Costing and other Financial Evaluation Techniques
- Selecting the Most Advantageous Bid or Proposal
- Managing Complaints and Use of the Standstill Period
- Contract Implementation to Deliver Value for Money
- The Contract Management Plan
- The Bidder Perspective
Module 2: Contract Risk Management & Compliance
Day Six
Types and Management of Risk
- The Need for Contractual Relationships
- Defining Risk
- Categories of Risk for Both Sides of a Contract
- Risk Assessment Processes
- Managing Risk Before and During the Contract
- Qualifying Suppliers
- Negotiating Terms that Carry Risk
- Internal Control and its Proportionality
Day Seven
Minimizing and Transferring Risk
- Transferring Risk through Contract Types
- Firm Fixed Price or Lump Sum Contracts
- Cost Reimbursable Contracts
- Incentive Contracts
- Award-Fee Pricing Arrangements
- Terms, Conditions and Warranties
- Indemnities and Cross Indemnities
- Insurance and Guarantees
Day Eight
Risk Related Terms & Conditions in a post-Pandemic World
- External Events
- Force Majeure
- Strikes and Other Labour Disputes
- Risk and Title
- Use of ICC Incoterms
- Assignment, Novation and Re-Negotiation
- Other Clauses that Need to Flow Down to Sub-contractors
- Risks Associated with Sub-Contractors
Day Nine
Dealing with Financial Risks
- Controlling Risk Associated with Payments
- Currency Risk
- Economic Risk
- Fraud and Corruption
- Limiting or Excluding Liability
- Distinctions between Liability in Contract, and the General Law
- Gross Negligence
Day Ten
Remedies When Bad Stuff Happens
- The nature of contractual remedies generally
- Mistakes and Misrepresentations
- Impracticability of Performance
- Types of Remedies
- Liquidated Damages
- Warranties
- An Overarching View of Dispute Resolution
- Review of Course, Questions and Answer Session
Certificate
On successful completion of this training course, Oxford Management Centre Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor will be awarded to the delegates
Accreditation
In association with
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FREQUENTLY ASKED QUESTIONS
Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:
- Telephone: +971 50 985 0174
- E-mail: info@oxford-management.com
Yes, Oxford Management Centre is accredited by the following professional bodies;
National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.
Yes, discounts are available. For further information please call +971 50 985 0174 or email, info@oxford-management.com
Note: Discounts are not applicable with any other special offer that may be available.
All course bookings made through Oxford Management Centre are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.
Oxford Management Centre reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.
There are 2 easy ways to register:
- Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
- E-mail: Send your details to info@oxford-management.com
We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.
For more information request, email info@oxford-management.com or call +971 50 985 0174.
The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.
While, online training fees cover the course presentation and digital documentation and relevant materials.
The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.
Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.
Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.
Upon receipt of your registration form, we will send you the following by e-mail:
- Registration Confirmation
- Invoice/Receipt (where appropriate)
If you register online you will receive an e-mail within 24 hours confirming your registration.
