MA5810 – Procurement Management
Course Information
Semester
8
Course Code
MA5810
Course Name
Procurement Management
Credit Value
3
Pre-requisites
None
Core/Optional
Optional
Hourly Breakdown
Theory
26
Small Group Activities
13
Practical
–
Assignment
12
Independent Learning
105
Course Aim
To impart the concepts and frameworks of procurement management and to develop analytical and decision-making skills related to procurement.
Intended Learning Outcomes
- explain the procurement process and how it relates to the supply chain of an organization.
- apply procurement principles to the acquisition of goods and services.
- discuss the incorporation of sustainable procurement strategies into existing procurement guidelines.
- develop a procurement strategy for a project.
Course Content (Only main topics & subtopics)
- Introduction to Procurement:Need of procurement; development and planning, procurement cycle; proactive procurement; positioning and transformations; strategic procurement.
- Methods of Procurement:International competitive bidding; national competitive bidding; limited/restricted bidding; shopping; direct contracting; repeat orders; force account; emergency procurement; community participation in procurement; two-stage bidding; two envelope system; pre-qualification of Bidders.
- Types of Procurement : Unit price works (BOQ), lump sum, cost reimbursable, time and material, design and build, and BOOT and BOT contracts.
- Procurement Guidelines: National/International procurement guidelines; Bid documents, technical specification; evaluation criteria; pre-bid conference; bid opening; bid examination; bid evaluation and award of contract.
- Sustainable Procurement: Policies and principles of sustainable procurement; sustainability in the procurement process; circularity and metrics for sustainability; implementing sustainable procurement; and technology for sustainability.
- Procurement Strategy: Prepare and present a procurement plan for a project.
Teaching/Learning Methods
- Lectures
- Student Based Activities
Assessment Strategy
Continuous Assessment 50% | Final Assessment 50% |
---|---|
Small Group Activities: 30%
Group Project and Presentation: 20%
|
Theory: 50%
Practical: –
Other: –
|
Recommended Reading
- Baily, P., Farmer, D., Crocker, B., Jessop, D. and Jone. D., (2022). Procurement Principles and Management, 12th Edition, Pearson Education Limited, UK.
- National Procurement Agency, (2006). Procurement Guidelines: Goods and Services, Sri Lanka.
- National Procurement Commission, (2018). Procurement Manual: Goods, Works, Services and Information Systems, Sri Lanka.
- Project Management Institute Inc., (2021). A guide to the Project Management Body of Knowledge, 7th edition, USA.