Procurement Planning and Bid Management

An Intensive 5-day Training Course

Procurement Planning and Bid Management

From Strategic Procurement Planning to Bid Evaluation & Contract Award Excellence

Procurement Planning and Bid Management

Scheduled Dates

Classroom

25-29 May 2026 London - UK $5,950 RESERVE A SEAT
01-05 Jun 2026 Abu Dhabi - UAE $5,950 RESERVE A SEAT
06-10 Jul 2026 Dubai - UAE $5,950 RESERVE A SEAT
24-28 Aug 2026 Barcelona - Spain $5,950 RESERVE A SEAT
12-16 Oct 2026 Dubai - UAE $5,950 RESERVE A SEAT
09-13 Nov 2026 Abu Dhabi - UAE $5,950 RESERVE A SEAT
23-27 Nov 2026 London - UK $5,950 RESERVE A SEAT
28 Dec 2026-01 Jan 2027 London - UK $5,950 RESERVE A SEAT

Online

08-12 Jun 2026 Online $3,950 RESERVE A SEAT
29 Mar-02 Apr 2027 Online $3,950 RESERVE A SEAT

Would an alternative date be more suitable?

We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.

In-House Solutions ›

Why Choose this Training Course?

This Procurement Planning and Bid Management training course is designed to strengthen organisational capability in managing procurement activities strategically rather than operationally. In today’s competitive and compliance-driven environments, procurement planning must go beyond transactional sourcing and focus on long-term value creation, cost control, supplier reliability, and risk mitigation. Effective bid management ensures fairness, transparency, and optimal commercial outcomes while protecting organisational interests.

This training course provides a structured and performance-oriented approach to procurement lifecycle management—from strategic planning and market engagement to tender evaluation, negotiation, and post-award governance. Participants will examine best-practice procurement frameworks, risk allocation principles, cost modelling techniques, and supplier performance management tools. By completing this training course, professionals will be able to design procurement strategies that enhance efficiency, ensure regulatory compliance, and improve bid success rates.

This Procurement Planning and Bid Management training course will highlight:

  • Strategic procurement planning aligned with corporate objectives
  • Structured governance in competitive bidding processes
  • Risk-based evaluation and supplier due diligence
  • Commercial optimisation in negotiation and contract award
  • Performance monitoring and procurement continuous improvement

What are the Goals?

At the end of this training course, you will learn to:

  • Formulate strategic procurement plans based on market intelligence
  • Structure and govern competitive bidding processes effectively
  • Apply risk-based evaluation models for supplier selection
  • Develop negotiation strategies that balance cost and performance
  • Implement post-award performance monitoring frameworks

Who is this Training Course for?

This Procurement Planning and Bid Management training course is suitable for professionals involved in procurement, sourcing, and contract management, including:

  • Procurement Managers and Procurement Officers
  • Commercial and Contracts Managers
  • Supply Chain and Strategic Sourcing Professionals
  • Category Managers and Tender Managers
  • Project Managers overseeing procurement activities
  • Bid and Proposal Managers
  • Finance, Audit and Compliance Professionals involved in procurement oversight

How will this Training Course be Presented?

This training course uses a structured and performance-focused methodology combining procurement planning models, tender governance analysis, pricing and cost evaluation exercises, supplier risk assessment frameworks, and negotiation planning discussions. Participants work through procurement scenarios that reflect real organisational challenges and strategic decision-making requirements.

Organisational Impact

This training course enables organisations to:

  • Strengthen procurement governance and compliance frameworks
  • Improve cost efficiency and value-for-money outcomes
  • Enhance transparency and audit readiness in tender processes
  • Reduce supplier-related operational and financial risks
  • Improve contract performance and supplier accountability
  • Build long-term procurement capability and competitive advantage

Personal Impact

Participants will develop:

  • Strategic thinking in procurement planning
  • Stronger analytical skills in bid evaluation
  • Improved negotiation and commercial judgement
  • Greater confidence in managing complex tender processes
  • Enhanced risk assessment and mitigation capability
  • Professional credibility in procurement leadership roles

Daily Agenda

Day One: Procurement Planning & Strategy
  • Procurement lifecycle and strategic alignment
  • Market analysis and supplier mapping techniques
  • Risk identification and mitigation planning
  • Budget planning and cost benchmarking
  • Developing structured and defensible procurement plans
Day Two: Tender Preparation & RFx Development
  • Drafting Scope of Work and performance specifications
  • Preparing RFP, ITT, RFQ and PQQ documentation
  • Designing transparent evaluation criteria and weightings
  • Supplier pre-qualification and compliance validation
  • Managing tender issuance and clarification processes
Day Three: Technical Bid Evaluation & Scoring
  • Bid receipt procedures and compliance checks
  • Designing evaluation matrices and scoring frameworks
  • Consensus scoring methodologies and documentation standards
  • Risk-based technical assessment techniques
  • Recording defensible evaluation outcomes
Day Four: Commercial Evaluation & Negotiation
  • Commercial bid comparison and pricing analysis methods
  • Total Cost of Ownership (TCO) and lifecycle cost evaluation
  • Bid normalization and anomaly identification
  • Negotiation planning and structured negotiation strategy
  • Financial due diligence and value-for-money assessment
Day Five: Contract Award & Post-Award Management
  • Preparing transparent contract award recommendations
  • Governance, compliance and audit trail documentation
  • Contract finalisation and mobilisation planning
  • KPI development and supplier performance monitoring
  • Continuous improvement in procurement and bid management processes

 

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.

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