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Advanced Certificate in Procurement Essentials Module 5: Contract and Performance Management

  • Innovation & Business Improvement
Next Intake: 22 May 2025 (Thu)
  • Basic
  • SkillsFuture
  • Short Courses
  • This module is part of Advanced Certificate in Procurement Essentials

This module is conducted in-person.

Next course starts on
22 May 2025 (Thu) See Full Schedule
Fee
SGD2,180* (as low as SGD254 after maximum funding) Learn More
Duration

2 Full Days (Weekdays)

Level
Basic

Who Should Attend

Managers, executives, officers, auditors, end-users, contract owners and specialists in purchasing, procurement and supply chain management roles who are required to manage and operate contracts in their organisations as part of their job responsibilities.


PREREQUISITES

Participants should preferably be

  • conversant in English, both spoken and written; and
  • proficient in MS Office

Overview

Efficient Contract Management will help to identify the essential elements to better manage your supplier contracts.

With a clearer and deeper understanding of the various elements of contract management and governance, participants will be better equipped to excel in extracting the best value out of your contract. This module focuses on how to create SMART key performance indicators for practical implementation and the audit concerns for mismanagement. After attending the module, participants will be able to better appreciate the key role contract management plays in the procurement lifecycle.

Learning Objectives

  • Understand contract management and its role in the procurement lifecycle
  • Manage the different facets to contract management
  • Implement SMART key performance indicators in contract
  • Interpret its link to supplier relationship management
  • Manage audit concerns and possible cost savings

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.

Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.

Calculate Programme Fee

Click here for more infomation about SkillsFuture Credits (Not applicable for Company-sponsored participants)
For PSEA - Available only for Singapore Citizen below 31 (Not applicable for Company-sponsored participants)

Total Program Fee: SGD0.00

Fee Table

COMPANY-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$654

(After SSG Funding 70%)

$254

(After SSG Funding 70%
+ ETSS Funding 20%)

$654

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$254

(After SSG Funding 70%
+ MCES Funding 20%)

$254

(After SSG Funding 70%
+ ETSS Funding 20%)

$254

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$2,180

(No Funding)

$2,180

(No Funding)

$2,180

(No Funding)

All prices include 9% GST

Please note that the programme fees are subject to change without prior notice.

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit

Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).

Workfare Skills Support Scheme

From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Company Sponsored

Enhanced Training Support for SMEs (ETSS)

  • Organisation must be registered or incorporated in Singapore
  • Employment size of not more than 200 or with annual sales turnover of not more than $100 million
  • Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
  • Trainees must be Singapore Citizens or Singapore Permanent Residents
  • Trainees must not be a full-time national serviceman
  • Trainees are eligible for ETSS funding only if their company's SME status is approved prior to the course commencement date. To verify your SME's status, please click here. 

Please click here for more information on ETSS.

Absentee Payroll

Companies who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:

AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)

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Trainers

Koh Gim Liong
Koh Gim Liong

Gim Liong’s experience is diversified and covers training, financial advisory, project management, ERP implementation, business process re-engineering, auditing, financial and operations management throughout the public and private sector.

Gim Liong has facilitated more than 1,000 workshops with learners worldwide. Over the past 15 years, he has been sharing his knowledge and experience in areas like procurement, financial advisory, accounting, investing, budgeting, outsourcing and governance. He has extensive experience with learners from diverse cultures and backgrounds. With deep experience in the curation and development of blended courses (e-Learning with classroom/virtual training), he was also involved in the rollout of a Singapore Workforce Skills Qualifications (WSQ) programme on budgeting.

 

Gim Liong graduated with a Bachelor’s degree in Accountancy (Hons) (Nanyang Technological University). He is a Chartered Accountant of Singapore and Chartered Financial Analyst (CFA) holder. His passion for learning led him to obtain certificates in insurance and investments (awarded by the Singapore College of Insurance), Advanced Certificate in Training and Assessment (Facilitated Learning) (ACTA), Enneagram and NLP. In recognition of him, Gim Liong has received the Associate Excellence Award 2018 (Civil Service College) and become an Associate Adult Educator (Institute of Adult Learning).

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