COMBATING RISK & FRAUD IN PROCUREMENT
Safeguard Your Organization Against Procurement Threats
Course Schedule
| Date | Venue | Fees (Face-to-Face) |
|---|---|---|
| 23 – 25 Jun 2026 | Manama, Bahrain | USD 2,495 per delegate |
Course Introduction
This highly interactive 3-day program equips participants with essential skills to identify, assess, and prevent risks and fraud in procurement activities. The course offers practical tools and strategies to strengthen procurement processes and protect organizational assets.
Course Objectives
By the end of this course, participants will be able to:
- Recognize common risks and fraud schemes in procurement.
- Conduct effective risk assessments within procurement cycles.
- Apply fraud detection and prevention techniques.
- Strengthen internal controls and compliance mechanisms.
- Enhance ethical standards and supplier relationships.
Key Benefits of Attending
- Reduce financial and reputational damage from procurement fraud.
- Improve organizational resilience against procurement risks.
- Strengthen supplier vetting and contract management practices.
- Build a culture of ethics and accountability within the team.
- Equip yourself with global best practices in procurement security.
Intended Audience
This program is designed for:
- Procurement and purchasing managers.
- Contract and supplier managers.
- Finance and audit professionals.
- Compliance and risk officers.
- Anyone involved in the procurement process.
Individual Benefits
Key competencies that will be developed include:
- Risk identification and analysis.
- Fraud detection techniques.
- Procurement auditing and monitoring.
- Ethical procurement practices.
- Strengthening internal controls.
Organization Benefits
Upon completing the training course, participants will demonstrate:
- Improved procurement integrity and accountability.
- Enhanced detection and mitigation of procurement risks.
- Stronger compliance with legal and ethical standards.
- Better supplier and stakeholder trust.
- Reduction in financial losses due to fraud.
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
- Instructor Presentations – Core concepts and frameworks.
- Case Studies – Real-world procurement fraud scenarios.
- Workshops – Developing risk assessment plans.
- Interactive Exercises – Applying detection techniques.
- Group Discussions – Sharing challenges and solutions.
Course Outline
Detailed 3-Day Course Outline
Training Hours: 7:30 AM – 3:30 PM
Daily Format: 3 Learning Modules | Coffee Breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00
Day 1: Understanding Procurement Risks and Fraud
- Module 1: Overview of Procurement Risk Landscape
- Module 2: Common Procurement Fraud Schemes
- Module 3: Identifying Vulnerabilities in Procurement Processes
Day 2: Risk Assessment and Prevention
- Module 1: Conducting Procurement Risk Assessments
- Module 2: Designing Effective Internal Controls
- Module 3: Strengthening Supplier Due Diligence
Day 3: Investigation and Continuous Improvement
- Module 1: Fraud Detection and Investigation Techniques
- Module 2: Compliance and Ethical Procurement Practices
- Module 3: Building a Sustainable Anti-Fraud Culture
Certification
Participants will receive a Certificate of Completion in Combating Risk & Fraud in Procurement, showcasing their readiness to protect organizational procurement activities.