A Comprehensive look at the World of Contract Management
A complete look at
this complex issue of managing the project in accordance with the Agreements
signed. Agreements today can be complicated because of the risk involved to the
parties, particularly the client, in the undertaking of projects both
large and small. The larger the project the greater the risks and the more effort
is required to skillfully and thoughtfully manage the project to ensure that
each party benefits as was anticipated, resulting in success for the project and
success for the parties. Mistakes do happen of course and in the disruption and
disputes which may arise the project must still be navigated to a successful
conclusion.
This course is about how that is achieved from the very beginning when a client is able to define his needs, through the selection process of projects, participants and contract types to the implementation of the projects and the complexities of change within a highly dynamic environment to the final account and reviews.
Over the years more and more focus has been placed on Contract Management as risks increase, expectations increase, the opportunity for disputes is increased and successful completion is threatened.
Contract Management has become a most important process which can often determine the success of the project as a whole.
Key Benefits
- A complete contract management course focused on project success
- One full week only ~ a comprehensive course
- Understand the essential relationship between contract and project management
Course Overview
This course is intended for anyone who has an interest in Contract Management and wants to improve their understanding. The course includes a mixture of sessions including lectures/discussions and individual/syndicate exercises. Issues addressed will include conceptual aspects of Contract Management, practical tools and techniques. Delegates will understand the benefit of using the project management approach as a contract management style, encouraging individuals to be proactive and challenging in delivering and maximising benefits to the company. During the course delegates are encouraged to challenge issues and take a positive role in improving their own effectiveness.
Course Objectives
To understand:
- the essential principles of contract management
- the main project roles; the responsibilities and the skills needed
- the project planning process, in particular the requirements for developing effective project definition and the importance of contract strategy
- how to use the processes and tools of contract management; appraisal, change control, evaluation and reporting, risk analysis and cost and time control
- to integrate contract management into the project management process to ensure project success