Course Overview:
Developing countries spend millions of dollars each year on purchased goods, construction, and services for development purposes. Much of this funding comes from International Finance Institutions such as the World Bank, which provides low-interest loans or grants. The World Bank plays a vital role in offering financial and technical support. In 2016, the World Bank committed over $16 billion in new development financing for infrastructure and consultancy projects, including transportation, water and sanitation, energy, and extractives.
This comprehensive 5-day training course by IRES provides an in-depth understanding of procurement processes under the World Bank’s modernized procurement framework. Participants will gain practical insights into strategic procurement planning, bid management, and best practices for procurement efficiency.
Course Duration: 5 Days
Target Audience:
-
Project Management Professionals and Team Leaders involved in strategic procurement planning
-
Technical Specialists such as engineers engaged in procurement
-
Professionals seeking to understand procurement processes financed by development organizations
-
Procurement Professionals aiming for best practice procurement approaches
-
Central Tender Board Officers overseeing procurement activities
Organizational Impact:
-
Strengthened capacity to manage procurement under the World Bank’s framework
-
Enhanced efficiency in planning and executing procurement processes
-
Improved transparency and compliance with international procurement standards
-
Increased effectiveness in managing bids, proposals, and procurement strategies
Personal Impact:
-
In-depth knowledge of the World Bank’s modernized procurement framework
-
Enhanced ability to manage procurement processes for development projects
-
Improved decision-making skills related to Value-for-Money (VfM) assessments
-
Increased confidence in handling competitive bidding and contract awards
Course Level:
Course Objectives: At the end of this IRES training seminar, participants will be able to:
-
Understand the Modernized Procurement Framework (WBPF)
-
Effectively request and manage bids and proposals
-
Implement best practices in procurement planning
-
Apply modern and efficient procurement approaches and methods
-
Utilize Value-for-Money (VfM) decision-making for contract awards
Course Outline:
Module 1: The World Bank’s New Procurement Framework
-
Overview of the World Bank’s Procurement Regulations
-
Key principles and objectives of the new framework
-
Roles and responsibilities of borrowers in procurement
-
Case Study: Examining procurement challenges in development projects
Module 2: The World Bank Project Procurement Strategy for Development (PPSD)
-
Purpose and components of the PPSD
-
Aligning procurement with project development goals
-
Assessing procurement risks and mitigation strategies
-
Case Study: Developing a PPSD for a sample project
Module 3: Developing the Borrower’s Procurement Plan
-
Steps in preparing a procurement plan
-
Selecting appropriate procurement methods
-
Budgeting and scheduling procurement activities
-
Case Study: Drafting a procurement plan for a real-world project
Module 4: Competitive Bidding under the New Procurement Framework
-
Procurement methods and selection criteria
-
Managing the bidding process (advertising, evaluation, and award)
-
Handling disputes and complaints in procurement
-
Case Study: Analyzing a successful competitive bidding process
Module 5: Running an Effective Procurement for a World Bank Aided Project
-
Contract management and monitoring
-
Ensuring compliance with World Bank procurement regulations
-
Achieving Value-for-Money (VfM) in procurement decisions
-
Case Study: Evaluating a completed World Bank-funded procurement project
Related Courses
Course Administration Details:
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
Payment
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
Click here to register for this course.
Register NowCustomized Schedule is available for all courses irrespective of dates on the Calendar. Please get in touch with us for details.
Do you need more information on our courses? Talk to us.