Professional Certificate in Procurement and Contract Risk Assurance

Monday, 16 February 2026 06:01:25

International applicants and their qualifications are accepted

Start Now     Viewbook

Overview

Overview

Procurement

is a critical function in any organization, and procurement professionals need to ensure that contracts are managed effectively to minimize risk. This Professional Certificate in Procurement and Contract Risk Assurance is designed for procurement professionals who want to enhance their skills in identifying, assessing, and mitigating contract risks.

The program covers essential topics such as contract management, risk assessment, and compliance, providing learners with a comprehensive understanding of the procurement process.

By completing this certificate program, learners will gain the knowledge and skills needed to identify and mitigate contract risks, ensuring that their organization can minimize losses and maximize returns.

Don't miss out on this opportunity to take your procurement career to the next level. Explore the Professional Certificate in Procurement and Contract Risk Assurance today and discover how you can make a positive impact on your organization's bottom line.

Procurement professionals can elevate their careers with the Professional Certificate in Procurement and Contract Risk Assurance. This comprehensive course equips learners with the skills to identify, assess, and mitigate contract risks, ensuring successful procurement outcomes. By mastering procurement best practices and contract risk assurance techniques, individuals can procurement professionals can enhance their career prospects, increase job satisfaction, and contribute to organizational success. Unique features of the course include expert-led training, real-world case studies, and a focus on industry-specific regulations and standards. Upon completion, learners will be equipped to navigate complex procurement landscapes and drive business growth.

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 Strategy Development •
Contract Management and Administration •
Risk Assessment and Mitigation •
Contract Review and Analysis •
Procurement Law and Regulations •
Supplier Relationship Management •
Procurement Process Improvement •
Contract Negotiation and Closure •
Procurement Metrics and Performance Measurement •
Compliance and Governance in Procurement

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): £140
2 months (Standard mode): £90

40% Cheaper

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

Start Now

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.

Start Now

  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
  • Start Now
    •

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 Professional Certificate in Procurement and Contract Risk Assurance

The Professional Certificate in Procurement and Contract Risk Assurance is a specialized program designed to equip professionals with the knowledge and skills necessary to identify, assess, and mitigate risks associated with procurement and contracts. This program is typically offered by top-tier institutions and is highly regarded in the industry, providing learners with a comprehensive understanding of procurement and contract risk assurance principles and practices. Upon completion of the program, learners can expect to gain a range of skills, including contract risk management, procurement strategy development, and supplier relationship management, all of which are essential for ensuring that organizations can effectively manage risk and achieve their business objectives. The duration of the program varies depending on the institution and the learner's prior experience, but most programs are designed to be completed within several months. The Professional Certificate in Procurement and Contract Risk Assurance is highly relevant to the procurement and contract management industry, as it addresses the growing need for organizations to identify and mitigate risks associated with procurement and contracts. Learners who complete the program can expect to see significant improvements in their ability to manage procurement and contract risks, leading to increased confidence and credibility with stakeholders, improved relationships with suppliers, and enhanced overall business performance. The program is also highly relevant to industries that rely heavily on procurement and contracts, such as construction, engineering, and IT, where risk management is critical to ensuring project success and minimizing financial losses. Overall, the Professional Certificate in Procurement and Contract Risk Assurance is a valuable investment for professionals looking to enhance their skills and knowledge in this critical area, and is an excellent way to demonstrate expertise and commitment to the procurement and contract management profession.

Why this course?

Procurement and Contract Risk Assurance is a vital aspect of modern business operations, particularly in the UK. The importance of this field cannot be overstated, given the complexities and uncertainties of the current market landscape. 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, with contract management being a significant concern.
Risk Type Frequency
Contract Disputes 34%
Supply Chain Disruptions 27%
Non-Compliance 19%

Who should enrol in Professional Certificate in Procurement and Contract Risk Assurance?

Ideal Audience for Professional Certificate in Procurement and Contract Risk Assurance Procurement professionals, contract managers, and risk assurance specialists in the UK, particularly those working in industries such as construction, oil and gas, and public sector, who are looking to upskill and enhance their careers.
Key Characteristics: Typically hold a degree in a relevant field, have at least 2 years of experience in procurement or a related field, and are seeking to demonstrate their expertise in contract risk assurance and procurement best practices.
Industry Focus: Construction, oil and gas, public sector, and other industries where procurement and contract risk assurance are critical to business success, with the UK's National Audit Office estimating that procurement errors cost the public sector £32 billion annually.
Career Benefits: Upon completion of the Professional Certificate in Procurement and Contract Risk Assurance, learners can expect to enhance their career prospects, increase their earning potential, and demonstrate their expertise to employers, with the average salary for a procurement manager in the UK being £55,000 per annum.