Executive PG Certificate in Rail Management by IIM Kashipur

Course Outline: Procurement, Tendering, and Cost Management in Railways
Topics Covered:
- Procurement Fundamentals in Railways: Policies, frameworks, and global best practices.
- Tendering Process: Types of tenders, evaluation methods, and compliance.
- Contract Management: Lifecycle, dispute resolution, and stakeholder coordination.
- Cost Management Techniques: Budgeting, cost forecasting, and value engineering.
- Technology Integration: Use of digital platforms and e-procurement systems.
- 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.