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Procurement & Contract Management - Complete Guide (Udemy.com)

"Master bidding strategies, contract types, risk allocation, and vendor relationships. Earn 3 PDUs.

Created by: Tim Fairley

Last updated January 2026

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What you will learn

  • Procurement and Contracts
  • The fundamentals of contracts
  • What is procurement and why it matters
  • How to manage contracts to increase profits
  • What is procurement management?
  • Why procurement matters
  • Procurement in 4 simple steps
  • How to think about contracts
  • Plan procurement management
  • Writing a scope of works
  • The make or buy decision
  • Conducting procurement
  • Controlling procurement
  • Understanding markets and supply chains
  • Understanding construction contracts
  • Construction procurement routes
  • Construction procurement and contract management
  • How to become a contracts manager
  • AI and construction contracts
  • Prepare for your PMP exam

How it compares

Against the other 1,210 rated Udemy courses in Business on CourseDuck:

  • Rating4.6 out of 5higher than 74% of them
  • Reviews390#731 of 1,211 by number of reviews
  • Length3.3 hourslonger than 55% of them
  • Last updatedJanuary 2026more recently than 60% of them

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Course Description

Master Project Procurement and Management (and prepare for your PMP exam)

The reality is that when we deliver a project we need to outsource work to other companies. That means we need to form, negotiate, sign and adminster contracts. Considering on average 90% of a project's total expenditure is on external parties, learning to understand, form and manage contracts will make you a better project manager.

We've helped over 35,000 students advance their project management careers by mastering these fundamentals.

Learn effective procurement and contract management in just a few hours.

The course is:

  • Proven - thousands of satisfied students, with 94% reporting career advancement

  • Practical - developed with industry experts for real-world application

  • Fast-streamlined content focused on essential knowledge

  • Resource-Rich - includes downloadable slides and materials

We actively respond to all student questions and continuously improve based on feedback.

Join our Project Procurement and Contract Management Course to ensure your projects are a success no matter what happens.

The course covers:

  • Section 1 - Introduction

    • What is project procurement management

    • Procurement vs Contract Management

    • Contracts are the key to career progression

    • Why is procurement essential

    • Key procurement documents

    • Where procurement fits in

    • Procurement made simple

    • How to think about contracts

  • Section 2 - PMBOK Procurement Management Process

    • Plan Procurement Management

    • Writing a scope of works

    • Make or buy decisions

    • Conducting procurement

    • Controlling procurement

  • Section 3 - Construction Applications

    • Understanding markets and supply chains

    • Understanding construction contracts

    • Construction procurement routes

    • Construction procurement and contract management

    • How to become a construction contract manager

    • AI and Construction Contracts

  • Section 4 - Conclusion

    • Practice Exam Questions

Let's get started!

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Instructor Details

Tim Fairley

Tim works with a variety of industry professionals to provide highly-practical industry-based training.

He has almost 10 years of industry experience across major infrastructure projects, is a Chartered Professional Engineer (CPEng) in Electrical and Project Management, and has obtained his PMP. He has helped over 20,000 students grow their careers by simplifying ideas and transferring knowledge.

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Reviews

4.6

390 ratings on Udemy

Select a bar to show only those reviews.Select the bar again to show every rating.

By Junaid Iqbal on 9/24/2026

Mostly training was focusing on construction side however it should be more generic to cover other business domains also like information technologies etc.

By Fouzia AIT MOHO on 5/28/2026

the author knows what he is talking about and it's definitely related to construction. I like the illustrations. I would recommend this course.

By Gopikrishnan Edayillam on 1/27/2026

As I am a finance professional involved in the EPC projects, learning the procurement cycle is important, this course is giving me the basic lessons to understand the key elements of procurement management that will lead to better understanding of entire contract management.

By Fernando Sánchez-Lafuente Lahulla on 1/24/2026

Great course. I’d prefer not to focus on the construction market or include examples from other industries.

By Anonymized User on 11/28/2025

Thank you very much for the course. I gained valuable insights into procurement and now have a stronger understanding of the value I can contribute to the company.

By Rosaline Fatmata Ricketts on 11/6/2025

The course is very detailed and insightful. I really enjoyed this course. The contents are very clear with suitable examples and easy to understand and follow. Instructor very knowledgeable about the material. Thank you

By Mir Ahmad Leqa on 6/16/2025

Some of the information was repeated, and the instructor’s video occasionally covered parts of the text, making it difficult to read

By Ahmed Mahmoud on 6/13/2025

That's a great course, beneficial, and it refreshed a lot of information for me! I would appreciate it if we had a PDF version of the course materials to use as a future reference in your job.

By Otis K. Moore on 5/10/2025

The course is exactly what I needed to enhance my construction management career and the instructor is really simplifying every steps in a clear and concise manner.

By Daniel Turaj on 5/5/2025

A good overview of procurement and contract management for construction. I liked the construct of the course which provided a section on fundamental concepts as they relate to PMBOK and then a section on practical application.

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Overall Score : 92 / 100