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In-House Training About Us
An Intensive Professional
Development Training Course on

In-Country Value (ICV) Management and Local Content Requirements (LCRs)

Developing Local Capabilities, Strengthening Supply Chains and Maximising Sustainable Economic Value

Course Options

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Need a tailored solution or group booking discount? Contact our course advisors.

Why Choose Us

Local Content Requirements (LCRs) and In-Country Value (ICV) programmes are increasingly used by governments, national companies and major project owners to ensure that investment generates measurable and sustainable benefits for the domestic economy. These benefits include increased local procurement, workforce nationalisation, supplier development, technology and knowledge transfer, domestic investment and the growth of competitive national industries.

This course provides participants with the knowledge and practical tools required to design, implement, monitor and improve successful LCR and ICV programmes. It covers regulatory and contractual requirements, local content strategy, procurement and supplier development, workforce planning, ICV calculation, compliance, reporting and performance assurance. Participants will learn how to align organisational and commercial objectives with national development priorities while creating lasting value for businesses, communities and the wider economy.

Why Choose In-Country Value (ICV) Management and Local Content Requirements (LCRs)
Course Goals

What are the Goals?

By the end of this course, participants will be able to:

  • Understand the principles, terminology and strategic importance of LCRs and ICV
  • Interpret applicable local content policies, regulations and contractual obligations
  • Develop an integrated LCR and ICV strategy aligned with business priorities
  • Conduct local market, supply chain and workforce capability assessments
  • Increase local procurement and strengthen domestic supplier participation
  • Develop workforce nationalisation, skills development and knowledge-transfer plans
  • Apply appropriate ICV measurement and calculation methodologies
  • Establish governance, compliance and performance assurance systems
  • Prepare effective local content plans, KPIs and management reports
  • Identify risks, address performance gaps and improve long-term economic value 

Who is this Training Course for?

This course is suitable for:

  • Local Content and ICV Managers
  • Procurement and Supply Chain Professionals
  • Contract and Commercial Managers
  • Project and Operations Managers
  • Human Resources and Workforce Planning Professionals
  • Supplier and SME Development Specialists
  • Government Relations and Regulatory Affairs Professionals
  • Finance, Audit, Risk and Compliance Professionals
  • Sustainability and Corporate Affairs Professionals
  • Contractors, Vendors and Business Development Managers 
Learning Approach

How will this Training Course be Presented?

This course uses an interactive and practical learning approach combining expert presentations, facilitated discussions, industry case studies, individual exercises and group workshops. Participants will evaluate local supplier and workforce data, examine ICV calculation methods, develop performance indicators and prepare a practical LCR and ICV management plan applicable to their organisations and projects.

The Course Content

Understanding LCRs and ICV Frameworks

  • Defining local content, LCRs, ICV and related concepts
  • Distinguishing between mandatory requirements and voluntary commitments
  • Understanding the evolution of local content and economic participation policies
  • Examining the economic, social and industrial objectives of LCR and ICV programmes
  • Identifying key stakeholders and their roles within the local content ecosystem
  • Reviewing international and regional LCR and ICV models
  • Balancing national development objectives with commercial competitiveness
  • Recognising common implementation challenges and critical success factors 

Developing LCR and ICV Strategy and Governance

  • Interpreting legislation, policies, regulations and contractual obligations
  • Aligning LCR and ICV strategies with national development priorities
  • Conducting local market and economic baseline assessments
  • Mapping existing supplier, workforce and industrial capabilities
  • Establishing realistic objectives, commitments and performance targets
  • Developing organisational policies and implementation frameworks
  • Defining governance structures, responsibilities and accountability
  • Preparing an integrated LCR and ICV management plan 

Local Procurement and Supplier Development

  • Integrating LCR and ICV requirements into procurement strategies
  • Identifying goods and services suitable for local sourcing
  • Assessing local supplier capability, capacity and competitiveness
  • Incorporating LCR and ICV criteria into supplier prequalification
  • Developing tender evaluation, weighting and contract award methodologies
  • Embedding local content obligations into contracts and purchase orders
  • Designing supplier, SME and contractor development programmes
  • Managing cost, quality, delivery and local content considerations 

Workforce Development and ICV Calculation

  • Developing workforce nationalisation and localisation strategies
  • Forecasting workforce requirements across the project lifecycle
  • Conducting competency assessments and local skills-gap analyses
  • Designing recruitment, training and career-development programmes
  • Establishing knowledge transfer, technology transfer and succession plans
  • Understanding ICV formulas, scoring models and certification processes
  • Calculating local expenditure, employment, investment and value retention
  • Avoiding double counting, misclassification and inaccurate reporting 

Compliance, Reporting and Performance Improvement

  • Establishing LCR and ICV monitoring and control systems
  • Developing KPIs, scorecards and performance dashboards
  • Collecting, validating and consolidating supporting data
  • Preparing regulatory, contractual and management reports
  • Conducting contractor reviews, supplier audits and compliance assessments
  • Managing non-compliance, corrective actions and contractual consequences
  • Benchmarking performance and identifying improvement opportunities
  • Developing a practical LCR and ICV implementation roadmap
Recognition

Certificate

  • • Wallstreet Development Academy Certificate of Completion for delegates who attend and complete the training course.
Collaborations

In Partnership With

Anderson Copex Coventry