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
