TRAINING COURSES

Contracts Administration: From Award to Completion

Start Date: 24 Sep 2017
End Date: 28 Sep 2017
Duration: 5
Fees:
Country: Istanboul / Turkey
Category: Project & Contracting & Law
Details:

INTRODUCTION

The objective of every organization is that the contracting process results in a fair and reasonable price for a high quality on time deliverable. To meet this objective, world-class organizations view the application of best practices in contract administration after the award as being essential skill sets needed by all employees involved in the contracting process. Included in this fast paced programme to show renewed emphasis on this critical phase of contract management are:

·         Effective Contract Administration

·         Interpretation of Contracts

·         Maintaining Contract Schedules

·         Controlling Contract Changes

WHO SHOULD ATTEND?

·         Contracts Administrators, Project Coordinators, Contracts Officers and Managers

·         Engineering Project Managers, Construction Managers, Tenders Managers

·         Buyers, Purchasing Managers, Project Managers

·         Maintenance Managers and Systems Managers and all others in organisations whose leadership want world-class skills sets for those involved in contract administration activities

·         The programme is a great way to develop those new to the function, prepare for a major project, or useful as a refresher for veterans

PROGRAMME OBJECTIVES

·         Be able to provide better outcomes from contracts

·         Review Contract administration techniques

·         Explore contract monitoring techniques

·         Learn how to get fair treatment in contract changes

·         Know how to analyze contracts

·         Discuss contract termination issues

·         How to Prepare for claims and disputes

·         Review acceptance and Contract close out issues

·         Study the Inputs and outputs in contract administration

TRAINING METHODOLOGY

Participants will increase competencies through a variety of instructional methods including lecture by an experienced practitioner and consultant, exercises, and group discussions covering current practices and their relationship to the implementation of new concepts.

PROGRAMME SUMMARY

With the ever-increasing quantity of outsourcing by organizations, Contract Administration is emerging as an essential competency for professionals and managers in most functional activities that are involved in the acquisition of goods, equipment and services. This programme is designed to take the participant through the many steps of contract administration from the time the award is made through to final acceptance, payment, and the contract close out so that the total objectives of entering into the contract are achieved.

PROGRAMME OUTLINE

DAY 1 -

OBJECTIVES OF CONTRACT ADMINISTRATION

·         Effective Contract Administration

·         The Most Critical Elements

·         Key Players In Contract Administration

·         Analysis of the Contract

·         Statement of Work

·         Work Breakdown Structure

·         Post Award Conference

DAY 2 -

OUTPUTS AND CONTRACT TYPES

·         What needs to be measured

·         T ypical Outputs Of Contract Administration

·         Identify The Risk

·         Responses To Risk

·         Contract Types

·         Producer Price Indexes

·         Economic Price Adjustments

DAY 3 -

MAINTAINING SCHEDULES AND CONTRACT CHANGES

·         Monitoring Techniques

·         Expediting Techniques

·         Major Causes Of Changes

·         Contract Cost

·         Requesting Supplier Price Breakdowns

·         Evaluating Price Changes

·         Types of Bonds and Guarantees

DAY 4 -

ISSUES IN CONTRACT PERFORMANCE

·         Force Majeure

·         Liquidated Damages

·         Contract Terminations

·         Service Level Termination Event

·         What Constitutes Breach?

·         Responding To A Breach

·         Right To Cover

·         Supplier/Contractor Relations

DAY 5 -

ACCEPTANCE AND CLOSE OUT

·         Final acceptance

·         Warranties

·         Forms Of Payment

·         Progress Payments

·         Claims and Disputes

·         Negotiation Of Claims And Disputes

·         Close Out Procedures

·         Post Contract Review Meeting

 
Mailing List
Send To Friend
Training Plan
Certificates