Credits: 3
Pre-requisites: None
Core / Optional: Optional
Aim(s):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.
Time Allocation:
| Learning component | Hours |
|---|---|
| Theory | 26 |
| Small group activities | 13 |
| Assignments | 12 |
| Practical | – |
| Independent Learning | 99 |
Marks Allocation:
| Assessment | Percentage Marks |
|---|---|
| Continuous Assessments | 50% |
| Final Assessment | 50% |
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.