Course Description
This course provides an in-depth review of vendor strategy and management for project managers. Course materials are in online format and are immediately available to students upon purchase. Course also includes presentation on vendor strategy and management, including audio-video versions of the presentation.
Upon completion of this course, the student will be able to:
> Describe business strategies using different types of vendors and outline the effects on potential relationships
>Explain how to use negotiation and problem solving in defining vendor management policies
>Scale vendor assessments based on the vendors’ risk level
>Explain and use risk ratings to determine potential vendors
>Set SMART business goals and vendor KPIs
>Define and illustrate a project vendor life cycle
>Understand the business components of a risk management framework
>Explain various software options for vendor risk management assessment
Learn at your own pace. 90 day 24X7 course access. Course renewals available if you require more than 90 days. Student certificate for 35 PDUs will be available immediately to print/save upon course completion. All students receive 35 PDUs upon completing this course. This course is pre-approved by the PMI for 8 Ways of Working (Technical) PDUs, 8 Power Skills (Leadership) PDUs, and 19 Business Acumen (Strategic and Business Management) PDUs for a total of 35 PDUs. This course meets all new Project Management Institute (PMI)® CCR and PMI Talent TriangleTM Requirements. This course is valid for 35 PDUs for Project Management Professional (PMP)®s to maintain their certification. PMPs require 60 PDUs every 3 years to maintain certification. 90 day course access starts from purchase date. Review our FAQ before purchasing for course samples, sales policy, course renewal information, and alternate payment methods.
> Describe business strategies using different types of vendors and outline the effects on potential relationships
>Explain how to use negotiation and problem solving in defining vendor management policies
>Scale vendor assessments based on the vendors’ risk level
>Explain and use risk ratings to determine potential vendors
>Set SMART business goals and vendor KPIs
>Define and illustrate a project vendor life cycle
>Understand the business components of a risk management framework
>Explain various software options for vendor risk management assessment
Learn at your own pace. 90 day 24X7 course access. Course renewals available if you require more than 90 days. Student certificate for 35 PDUs will be available immediately to print/save upon course completion. All students receive 35 PDUs upon completing this course. This course is pre-approved by the PMI for 8 Ways of Working (Technical) PDUs, 8 Power Skills (Leadership) PDUs, and 19 Business Acumen (Strategic and Business Management) PDUs for a total of 35 PDUs. This course meets all new Project Management Institute (PMI)® CCR and PMI Talent TriangleTM Requirements. This course is valid for 35 PDUs for Project Management Professional (PMP)®s to maintain their certification. PMPs require 60 PDUs every 3 years to maintain certification. 90 day course access starts from purchase date. Review our FAQ before purchasing for course samples, sales policy, course renewal information, and alternate payment methods.