Advanced Professional Certificate in Procurement Risk and Contract Management

Tuesday, 17 February 2026 20:58:00

International applicants and their qualifications are accepted

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Overview

Overview

Procurement Risk and Contract Management

is designed for experienced professionals seeking to enhance their skills in managing risks and contracts. This Advanced Professional Certificate program focuses on equipping learners with the knowledge and tools necessary to mitigate procurement risks and optimize contract performance. Some of the key topics covered in the program include: contract negotiation, risk assessment, and dispute resolution. The course also delves into the importance of compliance, contract management, and supply chain risk management. By completing this program, learners will gain a deeper understanding of the complexities involved in procurement risk and contract management. They will be equipped with the skills and knowledge necessary to make informed decisions and drive business success. Explore the program further to learn more about how it can benefit your career.

Procurement Risk and Contract Management is a comprehensive program designed to equip professionals with the skills to navigate complex procurement landscapes. By mastering procurement risk and contract management, learners can minimize potential pitfalls and maximize returns on investment. This Advanced Professional Certificate program offers procurement risk and contract management expertise, enabling participants to identify, assess, and mitigate risks. Key benefits include enhanced career prospects, improved negotiation skills, and increased confidence in managing contracts. Unique features include interactive case studies, expert guest lectures, and a personalized mentorship program.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

•
Procurement Risk Management Framework •
Contract Management Life Cycle •
Contract Negotiation Strategies •
Supplier Relationship Management •
Contract Administration and Monitoring •
Dispute Resolution and Arbitration •
Procurement Law and Regulations •
Risk Assessment and Mitigation Techniques •
Contract Review and Audit •
Procurement Best Practices and Standards

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £175
2 months (Standard mode): £150

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about Advanced Professional Certificate in Procurement Risk and Contract Management

The Advanced Professional Certificate in Procurement Risk and Contract Management is a specialized program designed to equip professionals with the knowledge and skills necessary to effectively manage procurement risks and contracts in a dynamic business environment.
Through this program, learners will gain a deep understanding of procurement risk management, including risk assessment, mitigation, and monitoring, as well as contract management best practices, including contract drafting, negotiation, and administration.
The program covers a range of topics, including procurement strategy, supplier management, contract law, and dispute resolution, all of which are critical components of successful procurement risk and contract management.
The duration of the program is typically 6-12 months, depending on the learner's prior experience and the pace at which they complete the coursework.
Industry relevance is a key aspect of this program, as it is designed to meet the needs of professionals working in procurement, supply chain management, and contract management.
By completing this program, learners can expect to gain a competitive edge in their careers, as well as improved skills and knowledge in procurement risk and contract management.
The program is delivered through a combination of online coursework, live webinars, and interactive discussions, making it accessible to learners from around the world.
Upon completion of the program, learners will receive an Advanced Professional Certificate in Procurement Risk and Contract Management, which can be used to demonstrate their expertise and commitment to their profession.
The program is designed to be flexible and accommodating, with learners able to complete the coursework at their own pace and on their own schedule.
Overall, the Advanced Professional Certificate in Procurement Risk and Contract Management is a valuable investment for professionals looking to advance their careers and improve their skills in procurement risk and contract management.

Why this course?

Procurement Risk and Contract Management is a vital aspect of modern business operations, particularly in the UK. According to a recent survey by the Chartered Institute of Procurement and Supply (CIPS), 75% of UK businesses reported experiencing procurement-related risks in 2022. These risks can have significant financial and reputational consequences, making it essential for organizations to develop effective strategies for mitigating them. Advanced Professional Certificate in Procurement Risk and Contract Management is a specialized program designed to equip learners with the necessary skills and knowledge to navigate these complexities. The program covers topics such as risk assessment, contract management, and procurement strategy development.
Year Number of Businesses Experiencing Procurement-Related Risks
2020 65%
2021 72%
2022 75%

Who should enrol in Advanced Professional Certificate in Procurement Risk and Contract Management?

Procurement Risk and Contract Management Ideal Audience
Procurement professionals Those with 5+ years of experience in procurement, contract management, or a related field, particularly in the UK, where 71% of businesses report experiencing procurement-related risks (Source: Chartered Institute of Procurement and Supply).
Contract managers Individuals responsible for managing contracts, with a focus on risk mitigation and compliance, are also ideal candidates. In the UK, 63% of companies report that contract management is a key area of focus for their procurement teams (Source: KPMG).
Supply chain professionals Those with experience in supply chain management, logistics, or procurement can also benefit from this certificate, as it equips them with the skills to identify and manage procurement risks and optimize contract performance.

Insights

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