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Executive PG Certificate in Rail Management by IIM Kashipur

Course Outline: Procurement, Tendering, and Cost Management in Railways

Topics Covered:

  1. Procurement Fundamentals in Railways: Policies, frameworks, and global best practices.
  2. Tendering Process: Types of tenders, evaluation methods, and compliance.
  3. Contract Management: Lifecycle, dispute resolution, and stakeholder coordination.
  4. Cost Management Techniques: Budgeting, cost forecasting, and value engineering.
  5. Technology Integration: Use of digital platforms and e-procurement systems.
  6. Sustainability in Procurement: Green practices and lifecycle costing.

Learning Outcomes:

Participants will:
  • Gain an in-depth understanding of procurement policies and tendering frameworks specific to rail projects.
  • Develop skills to manage contracts effectively, ensuring compliance and cost efficiency.
  • Learn to apply cost management tools and value engineering principles to optimize resources.
  • Understand how to incorporate sustainability and digital innovation into procurement strategies.
  • Be equipped to lead procurement and cost management initiatives in high-value railway projects, aligning with organizational and national infrastructure goals.
This course is ideal for rail professionals aiming to enhance their leadership capacity in managing complex railway procurement and cost challenges. Ideal for Mid & Senior Professionals Aspiring for Rail Leadership roles. We have designed this course for rail professionals to develop world class management competency, to plan and build secure railways of future.
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