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 issue
·
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 need
·
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
·
Principles
of Good Contracting
·
Overview
of Tendering & Contract Award Process
·
Key
Steps in the creation of a Contract
·
Essential
Elements of a Valid Contract
·
Other
Types of Obligation Documents
·
When
to Obtain Legal Advice
·
Law
of Agency
·
Organizing
Strategies for Contract Management
·
Defining
Contract Management Responsibilities
·
Planning
for Contract Life Cycles
·
Work
Plan Best Practices
·
Basic
contract planning
·
Communication
MODULE 2
·
Improving
Contract Management
·
Essential
elements of contract management
·
Contract
Startup Techniques and Tools
·
Incorporating
Risk Assessment and Management
·
Warranty
and Claims Management
·
Cost
Tracking and Management
·
Project
Closeout
·
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 3
·
Eliminating
Sources of Contract Dispute
·
Errors
and omissions
·
Anticipating
and avoiding Conflicts
·
Conflict
Resolution
·
Dealing
with Unknowns
·
Tracking
Changes
·
Managing
Expectations
·
Resolving
disputes
·
Negotiation
·
Litigation
·
Arbitration
·
Alternative
Dispute Resolution ¡V especially mediation
MODULE 4
·
Understanding
and Developing Contract Terms and Conditions
·
Finding
Contract Templates
·
Using
standard form documents
·
Modifying
standard forms
·
Drafting
special conditions
·
Issues
for subcontracts
·
Case
Studies
·
Review
of different types of contractual strategy and some real problems
MODULE 5
·
Contracts
in the Twenty-First Century
·
Strategic Alliance and
Partnering Agreements
·
Prime
Contracting and other Consolidated Sourcing Contracts
·
The
New Engineering Contract (NEC) and other industry standards
·
Online
Contracting
·
Online
dispute resolution
·
Supporting
E-commerce
·
Contract
Management Review and Summary
·
Course
Highlights and Final Observations
·
Other
Sources of Information
MODULE 6
·
Principles
of Good Contracting
·
Overview
of Tendering & Contract Award Process
·
Key
Steps of the Contract ProcessEssential
·
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 Agreement
·
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
MODULE 10
·
Contracts
in the Twenty-First Century
·
Online
Contracts
·
Strategic Alliance Agreement
·
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