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
|
