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QLD Government | Commercial Modelling

Tue, 18 Jun 2024 01:00:00 GMT → Tue, 18 Jun 2024 05:00:00 GMT (d=4 hours, 0 seconds)

As a panel supplier to the Queensland Government Procurement Learning and Development Panel, ArcBlue is pleased to present this online training course: Commercial Modelling.

This course has been designed to equip procurement professionals with the necessary knowledge and skills to effectively analyze and create commercial models for procurement processes and will be held on one half-day.

Our online training courses are open to the public to encourage a diverse cohort of learners. Our experienced procurement trainers deliver our successful learning programs live, with engaging, online-suitable content brought to the comfort of your own workspace.

This practical and interactive half-day training course you will analyze and create commercial models for procurement processes.

This course covers:

  • An introduction to Commercial Modelling
  • A Guidance on using Excel – when to use it and not to
  • Total cost of ownership and estimating whole of life cost
  • Different levels of accuracy in pricing models
  • Using a financial baseline
  • Intangible cost factors to consider
  • An Introduction to ‘should cost’ modelling
  • Types of questions to ask when cost modelling
  • The cost drivers – direct and indirect
  • What is a fair margin
  • Steps to build a ‘should cost’ model
  • Proposal and tender evaluations including bid sheets and evaluation tools
  • Standardising and cleansing data for comparison
  • Selecting the right pricing model
  • CPI and indexing considerations

Who is this course for?

Commercial Modelling training is great for professionals involved in procurement, finance, and strategic decision-making.

How this course benefits you

By the end of the program you will have an understanding about the key elements of commercial modelling, including total cost of ownership, ‘should cost’ modelling and evaluation. Build connections with your peers across a diverse cohort of organizations across Asia Pacific.

About ArcBlue Training Courses

ArcBlue’s workshops are practical, thought-provoking, challenging and fun! We believe that “active learning” is the most effective way to embed learning. All of our workshops are centered on you, and we ask you to bring along live examples from your workplace to discuss during the event. Our workshops combine content delivery, interactive activities and facilitated discussions.

Our experienced training facilitators are procurement experts who bring along real-life examples to bring the training to life and make it relevant for the learners.

** Special Offer! **

25% discount for booking 3 or more tickets.

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