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HOME EXECUTIVE PROGRAMMES Programmes Listing NICF - IT Contract and Vendor Management
NICF - IT Contract and Vendor Management

Dates 6, 7 & 8 November 2017

 In an era of increased outsourcing and continued deployment of information and communication technologies firms are realizing the importance, volume, and complexity of contractual agreements involving these information technologies (IT). However, they tend to view IT contracts as being similar to the traditional contracts for materials, supplies, construction, defense services etc. Consequently IT contract management even today continues to focus on compliance and to reduce costs. More importantly they fail to understand the unique differences between IT contracts and the traditional contracts. Thus many a firm's contracting process is fragmented and ad-hoc while value addition is given a low priority leading to poor contract visibility, ineffective monitoring and inadequate analysis of contract performance. But smart organizations are taking a more holistic Enterprise Contract Management (ECM) approach that covers the acquisition phase of the contract all the way to contract closure such that a contract is able to accommodate changing market conditions, risks associated with demand and supply uncertainties while still permitting appropriate reviews in relation to the vision and capabilities of the firm.

This course aims to expose the participants to a variety of concepts, tools and approaches while building capabilities for meeting the challenges that emerge throughout contract life cycle of IT projects, products and services. This would be done through industry examples, case study discussions and practical problem solving exercises.

Who should attend?
IT Analysts, Procurement Managers, Software Engineers, Business Process Managers

Course Fees

  

International Students

Singapore Citizens

(aged between 21 and 39) or

PRs (aged 21 and above)

SkillsFuture Mid-Career Enhanced Subsidy 

(Singapore Citizens aged 40 and above)

Singapore Citizens (Workfare Training Support scheme)

Enhanced Training Support for SMEs^

Full course fee

S$2400

S$2400

S$2400

S$2400

S$2400

GST (7%) on full course fee

S$168

S$168

S$168

S$168

S$168

Less: Funding Amount

-

(S$360)

(S$1200)

(S$2280)

(S$1200)

Total nett course fee payable, including GST

S$2568

S$2208

S$1368

S$288

S$1368

Remarks:

  • Individual Sponsored 
    • Eligible Singapore Citizens can use their SkillsFuture Credit to offset course fee payable after funding
  • Company Sponsored 
    • Absentee Payroll claimable by SMEs: Up to 80%of hourly basic salary capped at $7.50/hr
    • Absentee Payroll claimable by Non-SMEs: Up to 80% of hourly basic salary capped at $4.50/hr
    • Absentee payroll claimable by companies (SMEs and Non-SMEs) sponsoring candidates under WTS Scheme: Up to 95% of hourly basic salary
  •  

Certification
Upon successful completion of the course and passing the assessment, the participants will be awarded

  • Certificate of Completion from NUS
  • Statement of Attainments (SOAs)
    • IT-PM-501S-1 Establish and maintain pricing policy for products
    • IT-PM-502S-1 Develop contracts and manage contracted performance
    • IT-ITO-502S-1 Evaluate and select service provider
    • IT-ITO-503S-1 Formulate and negotiate contract
    • IT-ITO-507S-1 Manage contract migration and handover
    • IT-CIO-512S-1 Manage business processes outsourcing

Download a PDF Brochure

Download the application form