Undergraduate Certificate in Procurement Risk Management

Thursday, 11 September 2025 11:59:07

International applicants and their qualifications are accepted

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Overview

Overview

Procurement Risk Management

is designed for procurement professionals seeking to enhance their skills in identifying and mitigating risks. This course focuses on developing a comprehensive understanding of risk management principles and practices in procurement.

By the end of this program, learners will be able to analyze and assess procurement risks, develop effective mitigation strategies, and implement controls to minimize potential losses.

Some key topics covered include risk identification, risk assessment, and risk mitigation techniques, as well as best practices for procurement risk management.

Whether you're looking to advance your career or simply stay ahead of the curve, this course is an excellent choice for anyone interested in procurement risk management.

So why wait? Explore the Undergraduate Certificate in Procurement Risk Management today and take the first step towards becoming a more effective and efficient procurement professional.

Procurement is a critical function in any organization, and the Undergraduate Certificate in Procurement Risk Management is designed to equip students with the necessary skills to navigate this complex field. This course provides a comprehensive understanding of risk management principles, ensuring that students can identify, assess, and mitigate potential risks in procurement processes. By completing this program, students will gain access to procurement career opportunities, including roles in supply chain management, contract management, and business development. Unique features of the course include a focus on industry-specific risk management, as well as the opportunity to work on real-world case studies.

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
•
Supply Chain Risk Assessment
•
Contract Management and Negotiation
•
Procurement Law and Regulations
•
Risk Mitigation Strategies in Procurement
•
Procurement Ethics and Compliance
•
Supplier Relationship Management
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Procurement Data Analysis and Reporting
•
Business Continuity Planning in Procurement
•
International Procurement and Trade Law

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.

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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 Undergraduate Certificate in Procurement Risk Management

The Undergraduate Certificate in Procurement Risk Management is a specialized program designed to equip students with the knowledge and skills necessary to identify, assess, and mitigate risks in procurement processes.
This program focuses on teaching students how to apply risk management principles to procurement practices, ensuring that organizations can minimize potential losses and maximize returns.
Upon completion of the program, students will be able to analyze procurement risks, develop effective risk mitigation strategies, and implement them in real-world scenarios.
The learning outcomes of this program include understanding procurement risk management principles, identifying and assessing procurement risks, developing risk mitigation strategies, and implementing them in procurement processes.
The duration of the Undergraduate Certificate in Procurement Risk Management varies depending on the institution, but it typically takes one year to complete.
The program is highly relevant to the industry, as procurement risk management is a critical aspect of business operations in many sectors, including finance, healthcare, and manufacturing.
By completing this program, students can pursue careers in procurement, risk management, or related fields, such as supply chain management or business analysis.
The skills and knowledge gained from this program can also be applied to other areas of business, such as project management, business continuity planning, or compliance management.
Overall, the Undergraduate Certificate in Procurement Risk Management provides students with a comprehensive understanding of procurement risk management principles and practices, preparing them for successful careers in this field.

Why this course?

Undergraduate Certificate in Procurement Risk Management is highly significant in today's market, particularly in the UK. According to the Chartered Institute of Procurement and Supply (CIPS), the procurement industry in the UK is expected to grow by 3.5% annually, creating a high demand for skilled professionals. In fact, a survey by the CIPS found that 71% of procurement professionals believe that risk management is a critical aspect of their job.
Risk Type Frequency Impact
Supply Chain Disruptions High High
Price Fluctuations Medium Medium
Regulatory Changes Low Low

Who should enrol in Undergraduate Certificate in Procurement Risk Management?

Procurement Risk Management Ideal Audience
Recent graduates in business, supply chain, or logistics Individuals seeking to kickstart their careers in procurement, looking to enhance their skills in risk management, and wanting to stay ahead of the curve in a rapidly changing business landscape.
Professionals working in procurement, looking to upskill and reskill in risk management Those working in industries such as construction, manufacturing, and public sector, where procurement risk management is a critical aspect of their job, and seeking to improve their knowledge and expertise in this area.
Supply chain professionals seeking to expand their skill set Individuals working in supply chain management, logistics, and procurement, who want to gain a deeper understanding of procurement risk management and its application in real-world scenarios.