Effective Vendor Management
Your relationship with your vendors can often make or break a project baseline. In this short course, you will learn best practices for managing the vendor relationship from initiation to close, including documenting requirements, negotiating contract terms, and evaluating proposals. You'll learn how and why to establish clearly defined roles and responsibilities between you and your vendors.
Online
Sep-29, 2026
Virtual
1 Day
About this course
Your relationship with your vendors can often make or break a project baseline. In this short course, you will learn best practices for managing the vendor relationship from initiation to close, including documenting requirements, negotiating contract terms, and evaluating proposals. You'll learn how and why to establish clearly defined roles and responsibilities between you and your vendors.
What you'll learn
- Understand the importance of the vendor contract
- Learn vendor communication planning
- Develop vendor management plans
- Master vendor contract closeout procedures
Course Contents
Establishing the vendor relationship
- Building strong vendor partnerships
- Initial vendor engagement strategies
Creating the vendor management plan
- Planning vendor activities
- Setting expectations and deliverables
Documenting the vendor communication plan
- Communication protocols
- Reporting and escalation procedures
Managing vendors throughout the project life cycle
- Ongoing vendor oversight
- Performance monitoring
Dealing with vendor issues
- Conflict resolution
- Managing vendor performance problems
Vendor contract closeout
- Finalizing vendor relationships
- Documentation and lessons learned
Who Should Attend
- Project managers
- IT project managers
- Project coordinators
- Project analysts
- Project leaders
- Senior project managers
- Team leaders
- Product managers
- Program managers
- Project sponsors
- Project team members
- Anyone wanting to develop their skills and renew their PMP® certification
Prerequisites
None
Course Materials
Participants will receive course manual and reference materials.
Strategic Growth Leader & Social Entrepreneur
Folisade Garden
Emotional Intelligence • Leadership Coaching • Professional Trainer
Folisade Garden is a seasoned social entrepreneur and CEO with a passion for building thriving ventures and developing exceptional leaders. As a strategic growth expert, she brings 10+ years of go-to-market strategy, business management, and operational excellence to her work.
Her success spans multiple industries, including e-commerce and CPG, where she successfully brought 3,000+ premium products to national and global markets. With deep expertise in recruiting, talent sourcing, and people management, Folisade has established herself as a trusted leadership coach specializing in transforming teams and individuals.
Beyond corporate training, Folisade is a prolific content creator, hosting a popular YouTube channel dedicated to wellness and neuroscience topics, and maintains a WordPress blog sharing insights on leadership and personal development.
Course Price
Need Help?
USA/Canada:
+1 469 666 9332
Australia:
+61 (0) 2 28015 5605
info@mangates.com
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Ready to Get Started?
Take the next step in your professional development journey with this comprehensive training program.