BSB50120 Diploma of Business (Procurement)

BSB50120
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A contract is only as good as the way it is managed. This qualification is for people in a range of business roles who may have frontline management responsibilities. At this level, you apply a sound theoretical knowledge base and a range of specialised, technical or management skills to plan, carry out and evaluate your own work or the work of a team. The procurement specialisation focuses on planning, managing and finalising contracts and procurement, including the legal and risk elements involved.

Nationally Recognised Training
Pathway

This qualification is offered via Recognition of Prior Learning (RPL) only; it does not include training and resources.

Pricing
The RPL fee covers assessment of your existing skills and knowledge. If gaps are identified, we will tell you about any extra costs before you enrol.

  • $2,640 Non Member
  • $2,220 Corporate Member

Who this is for

Already managing contracts, suppliers or procurement? This qualification caters to a wide range of professionals seeking formal recognition for the contract management skills they use every day.

It is designed for:

  • Experienced contract managers, contract officers and senior administrators responsible for end-to-end contract administration, procurement documentation and contractor performance
  • Team leaders, project leads and operational supervisors who manage supplier and contractor relationships and are accountable for delivery, compliance, risk and value for money
  • Professionals who want to validate their capability in analysing contract issues, solving problems, interpreting contract requirements and guiding stakeholders, internal teams or contractors

Is RPL right for you?

RPL suits contract managers, contract officers and procurement professionals who want their skills, experience and previous training recognised without repeating learning they have already done. It is likely to be right for you if you:

  • have at least two years of relevant experience in contract management or procurement
  • can answer theory-based questions using real examples from your work
  • can provide current workplace evidence, no older than two years
  • do not need training or learning resources to show your current skills.

There are no formal entry, licensing or certification requirements for BSB50120 Diploma of Business (Procurement). Before you enrol, an AIMWA assessor will review your experience, skills and access to evidence to confirm whether RPL suits you.

Learn more about RPL. The benefits and process explained.

What you will need

At least two years of relevant experience Existing industry skills and knowledge
Access to authentic and current workplace evidence Suitable language, literacy, numeracy and digital skills
Verification and support from your employer and manager Time to commit to the assessment requirements
Access to a computer and reliable internet A valid Unique Student Identifier (USI)

How you will be assessed

Your RPL assessment has three parts. Together, they help your assessor confirm that you have the knowledge, practical capability and workplace evidence the qualification requires.

  • Knowledge questions: You answer questions about relevant concepts, processes and workplace requirements, drawing on real examples from your experience wherever possible.
  • Practical or process tasks: You describe how you have applied your skills at work: the activities you undertook, the decisions you made and the processes you follow.
  • Workplace evidence: You upload current documents that support your answers and show your direct involvement.  These might be plans, reports, meeting records, emails, templates or performance documents.

The example below shows how these three parts may work together for one assessment requirement.

Knowledge Questions

Process Task

Evidence Collection

Describe the procurement policies, practices and approval processes you follow in your organisation.

Using a real workplace example, describe how you identified contract risks and developed a risk management plan. Explain how you identified, received and addressed contract variations, and how you investigated, resolved or referred any disputes or complaints.

Upload workplace evidence showing that you have developed a contract management plan and relevant sub-plans. Evidence may include the contract management plan, associated sub-plans, meeting minutes or notes, and emails that demonstrate your involvement in developing the plan.

Working with confidential evidence. You can redact names, contact details and other identifying information, as long as the evidence still shows your work. Make sure you have permission to share workplace documents. If confidentiality rules stop you providing evidence, talk to us before you enrol so we can consider alternatives.

Mode of delivery

You complete your assessment online through our learner portal, at your own pace and around your work. Enrolments are rolling, so you can start once your enrolment is confirmed and you have portal access. Self-paced still takes discipline. Setting aside regular time will help you finish within your enrolment period.

Your assessor reviews your evidence and gives feedback or asks for more information as needed. You can submit evidence up to three times for each unit, and this is included in your assessment fee.

AIMWA (RTO Code 0058) offers this qualification directly. We do not use third parties for recruitment, delivery or assessment.

Duration

You have 12 months to complete your assessment. As a guide, most participants spend several hours over one to three weeks per unit gathering evidence and answering knowledge questions. It can be quicker if your evidence is already organised, and slower if you need documents from employers or third parties.

In the event you are unable to complete the requirements within the 12 months, you may have the option to extend or re-enrol (conditions apply - see our RTO Schedule of Fees and Charges).

Units of competency

This qualification has 12 units drawn from the Business Services Training Package (BSB) and the Public Sector Training Package (PSP): five core units and seven elective units.

Core units
BSBCRT511 Develop critical thinking in others
BSBOPS501 Manage business resources
BSBFIN501 Manage budgets and financial plans
BSBSUS511 Develop workplace policies and procedures for sustainability
BSBXCM501 Lead communication in the workplace

Elective units
BSBPMG537 Manage project procurement
BSBPRC402 Negotiate contracts
BSBPRC502 Manage supplier relationships
BSBOPS504 Manage business risk
BSBTWK503 Manage meetings
PSPPCM008 Manage contract performance
PSPPCM009 Finalise contracts

Fees, payments and refunds

If gaps are identified: we will discuss professional development courses or assessment activities and give you a Personal Development Plan, with any extra fees, before you go ahead. Completing a course does not automatically make you competent. You still need to provide evidence that meets the unit requirements.

Paying for your qualification

  • Employer-funded: once your eligibility is confirmed, we invoice your organisation for the full amount. Onboarding and portal access follow.
  • Self-funded: once your eligibility is confirmed, we invoice you $1,500. Onboarding and portal access follow once you pay this, and the balance is invoiced three months later.

We issue your qualification; record of results or statement of attainment once your fees are paid in full.

Re-assessment fee: your fee includes up to three submission attempts per unit. After three attempts, further resubmissions cost of $185 per unit for Corporate Members or $220 per unit for Non-Members may apply.

Withdrawals and refunds

  • If you withdraw within four months of starting, and you have not submitted evidence or received assessor support, you may receive a training credit towards our courses. Administration fees apply.
  • No refunds are given after four months, or once evidence has been submitted or support provided, except in approved extenuating circumstances.
  • You will need to notify us in writing if you intend to withdraw.

Full details are in our Schedule of Fees and Charges and RTO Participant Handbook.

Support and additional information

Support and wellbeing. Your assessor and our qualifications team are available through learner portal messaging and email. Reasonable adjustments to assessment can be made where appropriate. If personal or wellbeing concerns are affecting your progress, contact our qualifications team on rto@aimwa.com or (08) 9383 8080 to talk about support and referral options.

Language, literacy, numeracy and digital skills. Your assessor will consider these skills during the suitability review to identify any support you may need. At Diploma level, you should have intermediate to advanced language, literacy, numeracy and digital skills. That includes reading and interpreting contracts and procurement documents, writing plans and reports, working with budgets and financial data and using digital platforms independently.

Good to know. This qualification is fee-for-service. No government funding or subsidies are available through AIMWA. You need your own computer and reliable internet. There is no work placement, but you need suitable workplace evidence and a person who can verify your involvement. Your first year of AIMWA Professional Membership is free while you complete your qualification.

How to get started

You can start whenever you are ready. Enrolments are rolling.

  • Read this page and the Information Kit, along with the RTO Participant Handbook, Schedules of Fees and Charges, RTO Policies and FAQ's.
  • Complete the self-assessment questionnaire at the back of the Information Kit.  Review each unit with your direct line manager, who will initial each one to confirm you can carry out tasks in your current role and have access to authentic and current workplace evidence.
  • Submit the enrolment request form below with your self-assessment, current resume and job description.  If you already hold any units, include an Application form for Credit Transfer.
  • Talk to an AIMWA assessor.  They will review your experience, role and access to evidence against the qualification and units of competency.
  • If RPL is the right pathway for you, we will invoice you or your employer and send your onboarding details and portal access.
  • Your enrolment period will commence upon approval of your application.

You will need a valid Unique Student Identifier (USI).  You can create one free at usi.gov.au. 

Questions before you apply? Email rto@aimwa.com or call (08) 9383 8080.  

Upon submission, you will receive a confirmation email to confirm receipt of your request. The Qualifications team will review your application and organise an AIMWA assessor to speak to you.  Processing applications can take up to 5 business working days.

Recommended Training Courses

If you feel you would benefit from attending professional development, we recommend the following training courses:


Strong leadership means making informed decisions in the face of uncertainty. This course gives you the tools to identify, assess and manage risk with confidence.

You will learn how to apply practical frameworks, improve decision making and contribute to safer, more resilient operations in your organisation.


Budgets are more than spreadsheets.

They shape priorities, guide decisions and help you deliver on organisational goals.

This course shows you how to connect budgeting with business planning so you can set realistic targets, allocate resources wisely and track performance in a clear, meaningful way."


When contracts go wrong, the consequences can be costly.
This course gives you a practical, plain-English understanding of contract law and risk management so you can enter agreements confidently, meet your obligations and protect your organisation from avoidable loss.

You will learn how to negotiate terms, manage risk and apply contract management plans that support stronger outcomes.

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