WORLD BANK PROCUREMENT PRACTICES FOR SUPPORTED PROJECTS
Description
Developing countries spend millions of dollars each year on purchased goods, and services for development purposes. Much of this money comes from International Finance Institutions such as the World Bank in the form of low- interest loans or grants. The World Bank is a vital source of such financial and technical support. In 2016, the World Bank entered into more than $16 billion in new development commitments for Development and Investment Project Financing to assist in the funding of infrastructure or consultancy projects for transportation, water and sanitation, energy and extractives.
This specialist training seminar on Procurement Management of Services, Equipment and Works for World Bank Aided Projects explores the key provisions of the new World Bank Procurement Regulations for Service and Investment Project Financing that came into force in July 2016. The new regulations place a high importance on ensuring that World Bank funded projects will deliver Value for Money and the new Procurement Framework is structured around achieving that goal. This training course includes group work to enable participants to prepare the main strategy and procurement planning documents that the World Bank expects from entities that wish to apply for IPF financial support.
The course will focus on: - Procurement Procedures for the World Bank Financed Projects
- The New World Bank Procurement Framework
- Procedures for Soliciting Competitive Bids
- Running a Successful Procurement
- Process of Procurement Planning
Scope: Global Mode of training: Virtual Time: From 9:00am to 12:00pm Dates:
August, 10-14,
Sept 14-18, 2020
Nov 09-13, 2020
December 07-18, 2020
This course has been prepared to equip delegates with requisite technical skills and knowledge required to complete activities at each stage of the procurement cycle as well as the subtleties of how to make the process work for you. It is well known that good procurement practices reduce cost and produce timely results; poor practices lead to waste and delays, and are often the cause of allegations of corruption and government inefficiency. It is estimated that 70 percent of the Government budget is spent on the procurement of goods and services. This course has been prepared to equip participants with practical skills to manage the procurement function and to administer contracts for goods and services in the most effective manner.
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PROCUREMENT, LOGISTICS AND SUPPLY CHAIN MANAGEMENT
This course provides a thorough understanding of procurement and e-procurement, warehousing and stores management, transportation and shipping, inventory planning and contract management within an overall supply chain context.
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e-PROCUREMENT DEVELOPING, IMPLEMENTING AND MANAGING A COMPLETE e-PROCUREMENT PROCESS
e-Procurement is the business to business purchase and sale of supplies and services over the Internet. Organisations today are viewing the application of best practices in e- procurement as a critical requirement needed by all employees involved in the procurement process. This training course focuses on the development and operationalization of an e- procurement system in an organization with a view to achieve efficiency.
The course guides participants on how to develop an e-procurement system within an organization that needs to purchase through the Internet.
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CONTRACT AND PROCUREMENT FRAUD
Procurement is one of the key functions in the business operations of any organisation. All organisations are prone to the risk of fraud and corruption in their procurement process. The rise in contract management and the outsourcing of goods and services has always presented opportunities for procurement fraud. Appropriate detective and preventive controls and proper tendering processes are necessary in the fight against this form of fraud. This one week interactive course will teach you the best practices for preventing, detecting and investigating contract, procurement and related off-book fraud.
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MANAGING THE TENDERING PROCESS
The primary function of a procurement office is to obtain the required items at the right time, in the correct quantities, and at the most favorable prices. The procurement office compiles a list of requirements, identifies potential suppliers, selects the most cost-effective supplier for each product, secures firm supply contracts, and makes sure that the suppliers comply with contract terms. Competitive tenders are recommended for all procurement in both public and private -sector systems.
This course addresses the principles of efficient tender management, focusing on the most common tendering models. It also establishes high and significant benchmarks for best practice in tendering and contract management within both the public and private sector.
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PROCUREMENT AUDIT
Public procurement constitutes a significant proportion of gross national product and overall public expenditure in all countries. It is central to the efficient delivery of public services as well as public infrastructure and is an indicator of good governance. Procurement in the private sector is not any different.
The challenge then is for auditors to increase their knowledge and skills in specialist areas enabling them to undertake reviews and provide assurance on the effectiveness of controls and this is what the course is designed to provide
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PROCUREMENT RISK MANAGEMENT
This course provides the skills to identify, measure and manage risks in purchasing function. The course makes an overview of various risks. Participants learn to quantify risks and create risk response strategies to deliver projects that meet stakeholder needs. To quantify and manage risks, one needs to thoroughly analyze them before and during an activity. The effectiveness of controls and this is what the course is designed to provide
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SUSTAINABLE PROCUREMENT
Sustainable Procurement is arguably one of the major requirements currently facing organisations. As well as pressures from environmental legislation driven by the EU 20/20/20 Directive (the EU has committed to reduce emissions to 20% below 1990 levels by 2020), commercial operations can improve market position through clear and visible Corporate Social Responsibility (CSR) policies. There can be few more visible examples of an organisation's commitment to its role in society than buying in a way that protects the environment.
Sustainable Procurement fundamentally requires a company to give due consideration to the environmental impact of the products and services that it buys. Environmental factors are included in the purchase decision alongside the traditional elements of cost, quality, timing and risk. It requires a company to take responsibility for the environmental footprint of its activities and for the supply chain used to support these activities.
