Negotiating the Best Deal

Key details

Mode of delivery: Classroom-based

Course code: PCM101BC

Duration: 1 day

Fee: £755.00 + VAT

CPD Hours: 6

Course Overview

This training workshop focuses on negotiation, and explores the area of win-win and win-lose negotiating, the concepts of BATNA and ZOPA; considers the creation of negotiation objectives; highlights the benefits of a negotiation mandate. You will practices techniques of negotiation, including when to negotiate and when to make concessions. The workshop briefly examines the contract award process and what occurs if a losing bidder challenges the decision.

Agenda

  • Contract Negotiation tools and techniques
  • Managing contract award
  • Handling objections from losing bidders

Target Audience

This training workshop is suitable for:

  • Procurement Officers, analysts and managers.
  • Contract Engineers and analysts.
  • Quantity Surveyors
  • Commercial advisers
  • Procurement team members
  • General managers
  • Executives tasked with managing contracts
  • Contract Administrators
  • Anyone who wishes to have a good understanding and involvement in purchasing activities.

Learning Outcomes

Upon completion of this training workshop, you will have:

  • Learned and practiced key negotiation techniques.
  • Discussed the relevance of negotiation concepts such as BATNA and ZOPA.
  • Developed the principles of a negotiation mandate.
  • Examined the contract award steps.

Categories

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