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Vendor Relationship Management: On-Demand

Vendor Relationship Management: On-Demand

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • On-Demand course

  • 30 minutes

  • All levels

Description

Vendor Relationship Management: On-Demand

A successful project is dependent upon the contribution of vendors. After the selection and procurement of a vendor has occurred, the project manager assumes the responsibility for managing the vendor relationship. Managing vendor performance and the vendor relationship can make or break a project. Through case scenarios and an interactive workshop approach, this program deals with the challenging task of delivering a successful project involving significant vendor contributions.

What You Will Learn

You'll learn how to:

  • Determine stakeholder interests, impact on the project, and requirements

  • Explain the process of planning for and preparing a contract

  • Describe best practices for managing the quality of products and services

  • Identify key techniques for managing vendor relationships

  • Take proactive steps to ensure good working relationships with third parties

  • Emphasize quality in the work performed by external resources

  • Engage in requirements gathering and management

  • Understand Agreements, Statements of Work, Letters of Intent and Contracts

  • Develop an effective contract change control process

  • Discuss the steps for closing a contract

Getting Started
  • Introductions

  • Course structure

  • Course goals and objectives

Stakeholder Relationships
  • Identifying stakeholders

  • Planning stakeholder management

  • Managing stakeholder engagement

  • Controlling stakeholder engagement

  • Event: Worksheet: What Are Your Issues with Stakeholders?

Understanding the Procurement Process
  • Planning procurement management

  • Conducting procurements

  • Controlling procurements

  • Closing procurements

  • Event - Discuss the project's outsourced scope and qualities of an ideal vendor and customize a set of criteria for this project including descriptions and weightings

Requirements Gathering and Management
  • Requirements gathering

  • Requirements management

  • Managing relationships

  • Contract change control

  • Change management

  • Event - Small Group Activity: Identifying Gaps in the Requirements Process

Agreements, Statements of Work, Letters of Intent and Contracts
  • Contract controls

  • Agreements

  • Contracts

  • Negotiations

  • Closing the contract

  • Contract termination

  • Procurement Audits and Lessons Learned

  • Event - Class Activity: Win-Win Negotiating

Summary and Next Steps
  • What did we learn, and how can we implement this in our work environments?

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