Identify types of contracts and agreements; Describe the purpose of the documents that compose a contract for the purchasing or supply of goods and/ or services; Describe the stages involved in forming contracts for the purchasing or supply of goods and/or services; Describe how to develop and present business cases to justify expenditure on supplies, services or projects; Explain the use and comparison of competition to obtain quotations on price; Recognise the role of commercial negotiations in the work of procurement and supply; Explain approaches to negotiate competitive prices; Identify the initial actions processes associated with the tendering process; Describe initial tender process documentation and associated content; Identify the tender evaluation and acceptance process; Outline the regulations that can impact on the tendering process; Describe the use of data as a contract performance measure; Explain the use of Key Performance Indicators (KPI); Explain types of contractual risk and how to manage them. Please click here for the detailed syllabus.
