Course Description
In every organization the effective
expenditure of enormous sums of money and resources is dependent on successful
contract management activities. Creating and managing formal agreements with
suppliers of goods and services requires not only a complete understanding of
the business requirements and organization needs, but also depends on keeping
up-to-date on contracting. This program is designed to:
·
Explore
the advanced practices generally viewed as leading to World-Class performance
in contract management
·
Enable
participants can determine where they are now
·
Help
participants to begin immediate implementation of the steps needed to create
maximum total value for their organization.
·
How
to be more effective in contract management activities
·
The
appropriate type and form of contracts for every situation
·
How
to anticipate problems and manage risks
·
How
to integrate project management with contract needs
·
Best
means of handling disputes and performance issues
·
How
to establish terms and conditions for every situation
·
The
latest advances in contract management
Course Objective
- Participants attending the programme will:
·
How
to be more effective in contract management activities
·
Appropriate
type and form of contracts for different situations
·
How
to anticipate problems and manage risks
·
How
to integrate project management with contract needs
·
Best
means of handling disputes and performance issues
·
How
to establish terms and conditions for different situations
·
The
latest advances in contract management
Who Should attend?
·
Engineering
·
Project
·
Construction
·
Tenders
·
Contracts
·
Buyers
·
Purchasing
·
Financial
personnel
·
Those
new to the function, preparing for a major project, or experienced managers
looking for a refresher
Course Outline
MODULE 1
„h Principles of Good Contracting
„h Overview of Tendering & Contract Award
Process
„h Key Steps in the creation of a Contract
„h Essential Elements of a Valid Contract
„h Other Types of Obligation Documents
„h When to Obtain Legal Advice
„h Law of Agency
„h Organizing Strategies for Contract Management
„h Defining Contract Management Responsibilities
„h Planning for Contract Life Cycles
„h Work Plan Best Practices
„h Basic contract planning
„h Communication
MODULE 2
„h Improving Contract Management
„h Essential elements of contract management
„h Contract Startup Techniques and Tools
„h Incorporating Risk Assessment and Management
„h Warranty and Claims Management
„h Cost Tracking and Management
„h Project Closeout
„h Effective Handling of Contract Performance
Issues
„h Design and Specification
„h Work Ordering Process
„h Contract Administration
„h Reporting Mechanisms
„h Cost Control
„h Quality Assurance and Control
„h Recovery Clauses
„h Termination and suspension
MODULE 3
„h Eliminating Sources of Contract Disputes
„h Errors and omissions
„h Anticipating and avoiding Conflicts
„h Conflict Resolution
„h Dealing with Unknowns
„h Tracking Changes
„h Managing Expectations
„h Resolving disputes
„h Negotiation
„h Litigation
„h Arbitration
„h Alternative Dispute Resolution ¡V especially
mediation
MODULE 4
„h Understanding and Developing Contract Terms
and Conditions
„h Finding Contract Templates
„h Using standard form documents
„h Modifying standard forms
„h Drafting special conditions
„h Issues for subcontracts
„h Case Studies
„h Review of different types of contractual
strategy and some real problems
MODULE 5
„h Contracts in the Twenty-First Century
„h Strategic Alliance and Partnering
Agreements
„h Prime Contracting and other Consolidated
Sourcing Contracts
„h The New Engineering Contract (NEC) and other
industry standards
„h Online Contracting
„h Online dispute resolution
„h Supporting E-commerce
„h Contract Management Review and Summary
„h Course Highlights and Final Observations
„h Other Sources of Information
MODULE 6
- Principles of Good Contracting
·
Overview
of Tendering & Contract Award Process
·
Key
Steps of the Contract Process
·
Essential
Elements of a Valid Contract
·
Types
of Obligation Documents
·
When
to Obtain Legal Advice
Organizing Strategies for Contract Management
·
Defining
Contract Management Responsibilities
·
Planning
for Contract Life Cycles
·
Work
Plan Best Practices
·
Tools
to Improve Personal Organization
·
Communications
MODULE 7
- Improving Contract Management
·
Essential
elements of contract management
·
Contract
Startup Techniques and Tools
·
Incorporating
Risk Management
·
Warranty
and Claims Management
·
Cost
Tracking and Management
·
Project
Closeout
MODULE 8
- Eliminating Sources of Contract Disputes
·
Law
of Agency
·
Errors
and omissions
·
Anticipating
and avoiding Conflicts
·
Conflict
Resolution
·
Dealing
with Unknowns
·
Tracking
Changes
·
Managing
Expectations
Effective Handling of Contract Performance Issues
·
Design
and Specification
·
Work
Ordering Process
·
Contract
Administration
·
Reporting
Mechanisms
·
Cost
Control
·
Quality
Assurance and Control
·
Recovery
Clauses
·
Termination
and suspension
MODULE 9
- Understanding and Developing Contract Terms and
Conditions
·
Finding
Contract Templates
·
Using
standard form documents
·
Modifying
standard forms
·
Drafting
special contracts
·
Issues
for subcontracts
Case Studies
·
Contractual
Background Review by Instructor
·
Group
Analyzes and Discussions
·
Conclusions
and Lessons Learned
MODULE 10
- Contracts in the Twenty-First Century
·
Online
Contracts
·
Strategic Alliance Agreements
·
Consolidated
Sourcing Contracts
·
The
New Engineering Contract (NEC) and other industry standards
·
Supporting
E-commerce
Contract Management Review and Summary
·
Course
Highlights and Final Observations
·
Five
Steps to Improved Performance
·
Other
Sources of Information
