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course | Agile Contracting and Vendor Management

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PMCM-308 | Agile Contracting and Vendor Management

Course Sector : Project & Contract Management

Duration
Date from
Date to Course Venue Course fees Book a course
5 Days2025-05-042025-05-08Casablanca$4,250 Book now
5 Days2025-05-112025-05-15Riyadh$4,250 Book now
5 Days2025-08-032025-08-07Online$2,150 Book now
5 Days2025-09-152025-09-19Abu Dhabi$4,250 Book now
5 Days2025-09-292025-10-03Abu Dhabi$4,250 Book now
5 Days2025-11-032025-11-07Los Angeles$5,950 Book now
5 Days2025-11-172025-11-21Vienna$4,950 Book now

Course Introduction

In today’s fast-paced business environment, traditional contracting and vendor management approaches often struggle to keep up with changing requirements. Agile contracting provides a flexible framework that fosters collaboration, responsiveness, and value-driven partnerships. This course will equip participants with the knowledge and tools to implement Agile principles in contracting and vendor management, ensuring efficiency, adaptability, and strategic alignment with business goals.


Course objective

  • Understand the fundamentals of Agile contracting and how it differs from traditional approaches.
  • Apply Agile principles to vendor selection, negotiation, and contract management.
  • Foster collaboration and continuous improvement in vendor relationships.
  • Implement performance-driven contract structures that support business agility.
  • Manage risks and compliance in Agile contracts.

Course Outline | Day 01

Introduction to Agile Contracting & Vendor Management

 

  • What is Agile Contracting?
  • Differences between traditional and Agile contracting approaches
  • Key principles of Agile procurement
  • The role of vendor management in Agile environments

Course Outline | Day 02

Structuring Agile Contracts

 

  • Characteristics of Agile contracts (flexibility, collaboration, outcome-based)
  • Types of Agile contracts (Time & Materials, Fixed-Price with Scope Flexibility, Incremental Deliverables)
  • Negotiating Agile contracts with vendors
  • Legal and compliance considerations in Agile contracting

Course Outline | Day 03

Agile Vendor Selection & Collaboration

 

  • Agile vendor selection process (evaluating responsiveness, adaptability, and capability)
  • Creating a vendor evaluation framework
  • Managing vendor expectations in Agile projects
  • Building trust and fostering collaboration with vendors

Course Outline | Day 04

Performance Management & Risk Mitigation

 

  • Setting Key Performance Indicators (KPIs) for Agile vendors
  • Continuous monitoring and feedback loops
  • Managing risks and uncertainties in Agile contracts
  • Handling contract modifications and scope changes

Course Outline | Day 05

Case Studies, Best Practices & Practical Application

 

  • Real-world examples of Agile contracting success stories
  • Common challenges and how to overcome them
  • Hands-on workshop: Creating an Agile contract framework
  • Final discussion and Q&A
Course Certificates
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BOOST’s Professional Attendance Certificate “BPAC”

BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.

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