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Sector:
Oil and Gas - General
Technical Focus Area:
Commercial & Business Development
About the Course
This course provides practical training in contracts and procurement management for oil and gas projects, covering how procurement strategy and sourcing decisions are developed to support project objectives. It is designed for professionals involved in contracting and procurement activities.
Participants examine contract types and risk allocation approaches, tendering and bid evaluation practices, and contract administration and claims management, building the practical skills needed to manage the contracting lifecycle. Case examples illustrate common procurement challenges.
Learning Milestones
By the end of this course, participants will be able to:
- Develop a procurement strategy for a capital project.
- Compare contract types and risk allocation approaches.
- Administer contracts and manage claims effectively.
- Design a tendering and bid evaluation process.
- Identify procurement risks and mitigation approaches.
- Support contract close-out activities.
Professional Audience
This course is ideal for professionals involved in contracting and procurement, including:
- Procurement and contracts specialists
- Project engineers supporting procurement
- Supply chain professionals
- Commercial managers
- Contract administrators
Modular Syllabus
Procurement Strategy and Sourcing
Procurement strategy development
Make-versus-buy decisions
Supplier market assessment
Sourcing strategy alignment with project objectives
Procurement planning documentation
Course Dates & Prices
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