Mini MBA in Government Procurement Course
Date | Format | Duration | Fees (GBP) | Register |
---|---|---|---|---|
07 Apr - 18 Apr, 2025 | Live Online | 10 Days | £5825 | Register → |
05 May - 09 May, 2025 | Live Online | 5 Days | £2850 | Register → |
23 Jun - 27 Jun, 2025 | Live Online | 5 Days | £2850 | Register → |
21 Jul - 25 Jul, 2025 | Live Online | 5 Days | £2850 | Register → |
08 Sep - 19 Sep, 2025 | Live Online | 10 Days | £5825 | Register → |
08 Oct - 10 Oct, 2025 | Live Online | 3 Days | £1975 | Register → |
22 Dec - 30 Dec, 2025 | Live Online | 7 Days | £3825 | Register → |
Date | Venue | Duration | Fees (GBP) | Register |
---|---|---|---|---|
17 Feb - 28 Feb, 2025 | Singapore | 10 Days | £8025 | Register → |
03 Mar - 07 Mar, 2025 | Rome | 5 Days | £4750 | Register → |
14 Apr - 18 Apr, 2025 | Chicago | 5 Days | £5150 | Register → |
19 May - 23 May, 2025 | Nairobi | 5 Days | £4350 | Register → |
16 Jun - 20 Jun, 2025 | Toronto | 5 Days | £5150 | Register → |
21 Jul - 25 Jul, 2025 | Barcelona | 5 Days | £4750 | Register → |
18 Aug - 22 Aug, 2025 | Doha | 5 Days | £4200 | Register → |
15 Sep - 19 Sep, 2025 | Nairobi | 5 Days | £4350 | Register → |
Why Select this Training Course?
Government procurement refers to the acquisition of goods and services from commercial bidders for public benefits. It is otherwise known as public procurement. Laws and guidelines are in place to ensure the responsible use of taxpayer funds. Government procurement is essential because governments rely on external sources to obtain the necessary inputs for the goods they provide. Public goods, such as national defence or public infrastructure, are typically provided by governments. Public goods have a unique characteristic — they are not affected by one person’s use and cannot be restricted from others. This means that everyone can freely enjoy the goods without diminishing their availability to others. It also prevents individuals from taking advantage of the goods without contributing. As a result, private markets are unable to offer goods that benefit the general public. Instead, the government provides those goods and funds them through tax revenue collected from all citizens.
This Rcademy Mini MBA in Government Procurement Course is designed to align with the ever-changing landscape of leadership, finance, and procurement strategies. At present, middle and senior managers face difficulty dealing with the intricacies of “value chain management.” By implementing a straightforward approach to streamline procurement, the government can gain a competitive edge. This is achieved by maximising the benefits derived from expenses. It is important for government professionals to grasp the factors that influence change strategies. It is extremely beneficial to focus on cost efficiencies and competitive procurement on a global scale.
What is the purpose of public procurement?
Public procurement involves allocating government contracts to private organisations. Public procurement aims to ensure that goods and services are delivered with strong considerations for quality, cost-effectiveness and timely to meet public needs. Public procurement has several advantages. It helps save taxpayer money by competitively bidding on contracts, ensures timely delivery of goods and services, and fosters market competition to enhance product and service quality. Nevertheless, there are potential risks involved in utilising public procurement, including corruption and overspending.
Why do we need procurement?
Procurement plays an important role in the successful operation of any firm, no matter its size. Procurement entails identifying suitable suppliers, engaging in price negotiations, and ensuring prompt delivery of products or services. Procurement is beneficial for saving costs. Procurement plays a crucial role in helping businesses save money on their purchases by identifying suitable suppliers and negotiating favourable prices. This is important for firms with restricted budgets. Procurement can help firms explore ways to reduce costs and improve operational effectiveness. Procurement is critical in ensuring that goods and services meet quality standards. Choosing trustworthy suppliers is crucial for businesses to receive products or services that meet their quality standards.
Who Should Attend?
This Rcademy Mini MBA in Government Procurement Course is designed for experts in government and purchasing fields such as:
- Legal practitioners interested in getting a thorough understanding of legal procurement concerns.
- Government personnel of any cadre striving to learn governance, ethics, and corporate governance.
- Finance experts responsible for setting budgets and providing spending and income reports, while procurement is accountable for sticking to those budgets.
- Project managers charged with developing lists and documentation outlining the required resources and materials, timetables and milestones, and probable vendor contact information.
- Procurement managers tasked with creating a purchasing plan that takes into account the corporate budget and necessary supplies, and then they select suitable providers.
What are the Course Objectives?
The objectives of this Rcademy Mini MBA in Government Procurement Course are to offer experts with the skills to:
- Gain practical expertise for increasing cost awareness in the value chain and impacting the bottom line.
- Develop sourcing strategies that are congruent with the government’s aims and missions.
- Improve seamless communication in stakeholder management by learning the required negotiation methods.
- Develop a creative approach to procurement strategies for governmental projects.
- Increase the capacity to specify and plan for procurement based on current data and projections.
- Analyse suitable approaches for identifying and selecting suppliers with the requisite quality for government projects.
- Obtain a practical understanding of expediting product orders to provide clarity on payment dates and other relevant difficulties.
- Distinguish between unethical and criminal behaviours and determine what makes norms of conduct suitable.
- Understand the nitty-gritty of planning acquisition, which includes assessing contracting requirements, competition planning, and source selection.
- Learn the basics of contract formulation, preparing solicitations, analysing quotes, and contract allocation.
How will this Course be Presented?
This Rcademy Mini MBA in Government Procurement Course was designed to meet the demands of its participants by making it simple and understandable. It also aids in skill development and the acquisition of new knowledge. A variety of techniques will be employed throughout the training programme to promote participants’ active learning. The best tutors with hands-on experience will deliver the course. This course incorporates lecture notes, topic-specific presentations, and real-world scenarios to blend classroom learning with practical practice. Students will also participate in workshops, seminars, exams, and presentations and will be encouraged to give feedback on their classes to improve outcomes.
What are the Topics Covered in this Course?
Module 1: Introduction to Government Procurement
- Overview of government procurement
- Principles and objectives of government procurement
- Regulatory framework and compliance requirements
- Roles and responsibilities in government procurement
- Differences between public and private sector procurement
- Ethical considerations in government procurement
- Importance of transparency and accountability
Module 2: Procurement Planning and Strategy
- Aligning procurement strategy with government objective
- Needs assessment and requirement definition
- Market research and analysis
- Developing a procurement plan
- Risk assessment and management in procurement
- Budgeting and financial planning for procurement
- Stakeholder engagement and communication
Module 3: Procurement Methods and Procedures
- Criteria and bid evaluation methods
- RfP – Request for proposals
- RfQ – Request for quotations
- Competitive vs. non-competitive procurement
- Framework agreements and indefinite delivery/indefinite quantity (IDIQ) contracts
- Procurement documentation and record-keeping
- Handling single-source and emergency procurements
Module 4: Supplier Management and Contracting
- Supplier identification and prequalification
- Supplier relationship management (SRM)
- Contract types and their applications
- Drafting and reviewing contract terms and conditions
- Negotiation strategies for government contracts
- Joint procurement contract management
Module 5: Procurement Performance and Evaluation
- Methods for evaluating procurement effectiveness
- Cost-benefit analysis in procurement
- Auditing and internal controls in procurement
- Best practices in procurement performance management
Module 6: Legal and Regulatory Aspects
- Key laws governing government procurement
- Understanding the procurement cycle and legal milestones
- Intellectual property and procurement
- Handling protests and disputes in procurement
- Compliance with anti-corruption and anti-bribery laws
- Data protection and confidentiality in procurement
- Ethical standards and regulatory compliance
Module 7: Sustainable and Socially Responsible Procurement
- Principles of Sustainable Procurement
- Promoting social responsibility and community benefits
- Ethical sourcing and fair trade practices
- Supplier diversity and inclusion programs
- Evaluating the sustainability of suppliers and products
Module 8: Financial Management in Procurement
- Aligning procurement with organisational budgets
- Financial forecasting for procurement
- Conducting cost-benefit analyses for procurement decisions
- Evaluating financial implications of procurement choices
- Identifying financial risks in procurement
- Mitigation strategies for financial risks
- Procurement financial reporting standards
- Analysing procurement financial statements
Module 9: Value for Money (VfM) in Procurement
- Understanding the concept of VfM in procurement
- Balancing cost, quality, and efficiency to achieve VfM
- Key principles and frameworks for VfM assessment
- Techniques for conducting cost-benefit analysis in procurement
- Evaluating the financial implications of procurement decisions
- Applying cost-benefit analysis to ensure VfM
- Understanding and applying life cycle costing (LCC) in procurement
- Evaluating total cost of ownership (TCO)
- Incorporating LCC into procurement decision-making to maximise VfM
Module 10: Public-Private Partnerships and Outsourcing
- Fundamentals of Public-Private Partnerships (PPPs)
- Types and structures of PPPs
- Benefits and challenges of PPPs
- Developing and managing PPP projects
- Risk allocation in PPPs
- Financial models for PPPs
- Funding sources and investment considerations
- Key elements of outsourcing contracts
- Identifying and mitigating risks in PPPs and outsourcing
- Building risk management frameworks
Module 11: Risk Management in Government Procurement
- Developing a risk management framework
- Integrating risk management into procurement processes
- Techniques for identifying risks
- Risk assessment tools
- Developing and implementing mitigation strategies
- Monitoring and adjusting risk mitigation plans
- Aligning risk management with strategic goals
- Managing strategic procurement risks
- Ensuring compliance with legal and regulatory requirements
- Managing legal risks in procurement
Module 12: International Procurement and Trade
- Strategies for international procurement
- Global procurement with organisational goals
- International trade laws
- Managing risks in international procurement
- Strategies for mitigating cross-border risks
- Navigating cultural differences in international procurement
- Effective communication across cultures
- Understanding trade agreements
- Leveraging trade agreements for procurement
Module 13: Technology and Innovation in Government Procurement
- E-procurement systems and their benefits
- Implementing electronic tendering and bidding
- Use of data analytics in procurement
- Blockchain technology in government procurement
- Automation and AI in procurement processes
- Cybersecurity and data integrity in procurement
- Partnerships with SMEs
- Advancement in the use of IDIC and BICs (best-in-class) contract