In this practical 1-day course (or 4 x 2-hour sessions), you will assess contracting requirements and approaches to leading major strategic programmes, and evaluate the role organisational culture plays in achieving overall success. Choose the short course on its own, or add the optional CIPS L6M5 exam to earn 6 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply.
Description
Leading procurement for a major programme and unsure which contract and pricing model fits?
In this practical 1-day course (or 4 x 2-hour sessions), you will assess contracting requirements and approaches to leading major strategic programmes, and evaluate the role organisational culture plays in achieving overall success.
Major programmes are a key element of any organisational strategy, so leading them successfully makes a significant contribution to overall success. You will develop a practical knowledge of the issues and approaches to programme control as you develop and lead the implementation and monitoring of contracts from a strategic standpoint.
Delivered by AcademyGlobal faculty who are experienced procurement practitioners and hold MCIPS or FCIPS qualifications, the course combines practical activities, group discussion and locally relevant examples drawn from the Australian and New Zealand procurement environment.
AcademyGlobal is Australia and New Zealand's first and only CIPS Centre of Excellence, recognising the quality of our CIPS teaching, learner support and study centre delivery.
Choose your learning pathway
Two pathways, depending on your goals.
Option 1: Short course
Build practical skills you can apply immediately in the workplace. Complete the course and receive an AcademyGlobal Certificate of Course Completion recognising your professional development. There is no requirement to become a CIPS member or sit an examination.
Option 2: Short course + CIPS exam
Build your skills and progress towards the CIPS Level 6 Professional Diploma in Procurement and Supply. Complete the course and register for the official CIPS L6M5 exam. Pass the exam to earn 6 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply.
Eligibility: you need the CIPS Level 4 Diploma and Level 5 Advanced Diploma first.
What the course covers
• Contracting options, including EPC, design and build, management contracting and public and private partnerships
• Contract forms, including NEC, FIDIC, IMechE, JCT and CIPS model forms
• Pricing mechanisms, from fixed lump sum to target costing and cost reimbursable contracts
• Investment appraisal, including payback, discounted cash flow, net present value and internal rate of return
• Strategic cost management, value engineering and open book costing
• Budget estimating, tracking and controlling variations and claims
• The impact of programme performance and closure on the supply chain
• Organisational and national culture and their influence on programme success
• Tools and techniques that support cultural change
What you will be able to do
By the end of the day, you will be able to:
• Compare contracting options for programmes
• Evaluate contract forms for programmes
• Assess the use of pricing mechanisms for programmes
• Contrast methods of investment appraisal for programmes
• Assess approaches to strategic cost management for programmes
• Analyse the use of financial and management information on the performance of programmes
• Assess the implications of programme performance and closure on the supply chain
• Critically assess the concept of organisational culture and the influence of national culture on programme success
Course format
• Duration: 1 day or 4 x 2-hour sessions
• Delivery: in person or virtual, with practical activities and group discussion
• CIPS module: L6M5 Strategic Programme Leadership (https://www.cips.org/qualifications/professional-diploma-in-procurement-supply/strategic-programme-leadership)
Fees
• Standalone short course: $475 incl. GST per participant
• CIPS pathway: $695 incl. GST (includes one year CIPS student membership)
• The CIPS exam fee is set by CIPS and paid separately (https://www.cips.org/membership/exam-member-fees)
Assessment
Option 1: Short course. This option is for participants who wish to complete the training without undertaking a CIPS exam or other formal assessment. On completion of the course, you will receive an AcademyGlobal Certificate of Course Completion, confirming your participation in and completion of the training. This option does not include assessment, a CIPS examination or credits towards a CIPS qualification.
Option 2: Short course and CIPS exam. After completing the course, you can sit the CIPS L6M5 Objective Response (OR) exam during one of CIPS’ scheduled exam periods throughout the year (see the CIPS exam schedule: https://www.cips.org/students/exam-success/exam-schedules). A pass gives you 6 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply. To sit the exam, you must first have achieved the CIPS Level 4 Diploma and the CIPS Level 5 Advanced Diploma in Procurement and Supply, which are the CIPS entry requirements for Level 6. This applies only if you choose to sit the exam. You do not need them to attend this course.
The exam is a computer-based Objective Response examination. Rather than writing extended or essay-style answers, you are presented with questions and select the correct response from a range of possible answers. The pass mark for Objective Response examinations is 70%.
Objective Response exams are held during designated CIPS examination periods. CIPS currently schedules exam periods five times each year, in March, May, July, September and November.
All CIPS examinations are computer based, and you can sit the exam through remote invigilation. This means you can undertake the examination from a suitable location such as your home or office, provided you meet CIPS’ technical and examination-environment requirements.
For a remotely invigilated exam, you will need an appropriate desktop or laptop computer, stable internet connection, webcam and suitable private examination environment. The examination itself is completed through CIPS’ computer-based TestReach platform while an approved remote invigilator supervises the examination. CIPS provides candidates with instructions and technical requirements ahead of the exam.
The exam fee is set by CIPS and paid separately (see the CIPS exam fees: https://www.cips.org/membership/exam-member-fees), and AcademyGlobal will take care of your exam registration and support you with the associated administration.
You must hold current CIPS membership to sit the examination. If you are not already a CIPS member, the CIPS exam pathway fee includes one year of CIPS student membership.
Exam format (objective response): you select a response from a list of possible answers. The exam is 1.5 hours long.
