Course details

Overview ?

Introduction

World-Class organisations understand well the benefits of lower total cost and higher productivity resulting from mastering best practices in the important phases of project and contract management. With a focus on the best practices for processes, methods, and techniques, this program will make a great contribution to the skill sets of those involved in contracts and projects.

This 2 part seminar provides both strategic and practical insights into:

Preparing and administration of both the project plan and the contract
Critical contractor selection & contractor negotiations
Identifying and analyzing project and contract risk
Selecting and leading project and contract teams
Setting and Measuring Project and Contractor Performance goals

The seminar is split into two modules:

MODULE I- Mastering Project Management

MODULE II- Mastering Contracts Management - The Oxford 5-Day MBA

Objectives

Participants attending the program will gain from:

Knowing your outcomes before you start a project
Dealing with volatile materials pricing
Discussing the importance of planning and how to manage the Planning Process
Learning about contract types and how they transfer risk
Defining and how to take massive action
Exploring the various pricing models used in preparing proposals
Methods of how to keep the team focused on the delivery goal
Developing negotiation skill sets to gain the organisation’s objectives
How to set up and operate disciplines required to monitor and control projects
Understanding important aspects of contractor price and cost analysis

Training Methodology

Participants will increase their knowledge base and skill sets through a variety of instructional methods including lecture by an experienced practitioner and consultant who has “been there-done that”, individual and group exercises, reviewing published articles, checklists, and group discussions covering current practices and their relationship to the implementation of new concepts.

Attendees are encouraged to present problems for discussion on a confidential basis, and to share their experience of particular issues in their company or industry. A supportive comprehensive course manual, in both printed and CD form, enabling practical application and reinforcement is provided. Time will be allowed for general discussions, and for one-to-one discussion with the senior consultant.

Organisational Impact

The organization will benefit by:

Having the desired outcomes in commercial transactions
Having better trained project and contract personnel leading and guiding the contracting and project process
Continuous improvement in the alignment of project results and the organization’s goals
Higher productivity of personnel involved in contract and project activities
Making projects and contracting a high value added process
Improvements in the performance of contractors

Personal Impact

Attendees will gain by participation in this program through:

Mastering skills in managing project and contract activities
Improved negotiation skills
Greater ability to develop professionally
Increased job satisfaction by becoming more expert
Receiving increased recognition by their organization leading toward advancement
Greater confidence in leading, planning, and managing the entire project and contract process

Who Should Attend?

Project and Contracts Management Professionals
Tendering, Purchasing, Contract Administration Professionals and Personnels
Engineering, Operational, Finance, and Maintenance Professionals
And all others who are involved in project work from simple to complex that cover the acquisition of materials, equipment, construction, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities.

SEMINAR OUTLINE

Module I

Mastering Project Management

DAY 1

Introduction to Projects

What is a project?
Benefits of project management
Why some projects fail?
What makes you a ‘Master’ of project management
Project team and leadership
What is the team approach
Roles in and around projects

DAY 2

Identify Your Outcomes and Plan for Achievement

The importance of knowing your outcomes
Project planning
Handling uncertainty
Decision analysis under risk
Defining project success criteria
Planning issues
Elements of a great project plan

DAY 3

Organise for Success and Gain & Maintain Commitment

Personal attitudes and human behaviours
Gaining and maintaining commitment
The keys to effective influence and persuasion
Understanding interpersonal project team dynamics
Empowerment
The project support office
Effective delegation

DAY 4

Monitor and Control Achievements

Data, information and knowledge management
Integrating project scope, time and cost
Performance measures and indicators to monitor performance
Achieving practical conflict management
Determinants of project success
Lessons learned and creating learning culture
Enhancing personal effectiveness

DAY 5

Take Massive Action and Stay Focused

Influences on decision making
Problem solving styles
Engaging the project team
Staying focused
Effective time utilization
Plan updating and changes handling

Module II

Mastering Contracts Management:
The Oxford 5-Day MBA

DAY 6

Contracting and Negotiations Planning

Elements of a Good Contracting and Procurement Process
Role of Negotiation
Negotiation—What Is It?
Characteristics of a Good Negotiator
Basic Rules of Negotiation, Part 1-A quote is never a concrete number
Basic Rules of Negotiation, Part 2-The best prepared wins
Basic Rules of Negotiation, Part 3-Have many issues and a BATNA
Negotiation Nuggets

DAY 7

Financial Management and Risks

Cost and Pricing
Cost Analysis
Allocating Overheads
What is a Fair Profit
Developing “Should Cost”
Pricing Models
Risk Assessment
Managing the Risks

DAY 8

Contract Types and Payments

Contract Risk Sharing Continuum
Types and Guidelines for progress payments
Implications of Contract Types
Fixed Price and Cost-Reimbursement Contracts
Economic Price Adjustment Clauses
Understanding and Using Producing Price Indexes
Invoices and Payments
Parties to Letter of Credit

DAY 9

Source Selection and Contract Development

When and why to use Performance Based Contracting
Processes for Source Qualification
Methods of Contracting
Developing Prequalification and Tendering Criteria and Applying Standards for Final Selection
Rules for Drafting the Contract
Terms & Conditions
Forming the Contract
Essential Elements

DAY 10

Contract Administration

The Critical Integration or Entire Agreement Clause
Post Award Functions - Overview and Responsibilities
Contract Administration Duties
Contract Modifications
Rules of Contract Interpretation
Contract Disputes
Termination
Contract Close-Out

Day 1

Day 2

Day 3

Day 4

Day 5

Training Methodology

The Contracts & Project Management MBA

Course details

Have a look too on these courses

Project Accounting & Its Relation to Budget

Business Analysis within a Project Environment

Project Planning, Scheduling and Cost Estimating Skills

Project Cost Estimating Skills: Planning for Performance Excellence II

The Complete Course on Project Management

Project Management Professionals ( PMP, PMI )

Main Pages

Quick Access

More Details

Contact Info

The Contracts & Project Management MBA

Course details

This 2 part seminar provides both strategic and practical insights into:

The seminar is split into two modules:

Participants attending the program will gain from:

The organization will benefit by:

Attendees will gain by participation in this program through:

Module I

Mastering Project Management

DAY 1

Introduction to Projects

DAY 2

Identify Your Outcomes and Plan for Achievement

DAY 3

Organise for Success and Gain & Maintain Commitment

DAY 4

Monitor and Control Achievements

DAY 5

Take Massive Action and Stay Focused

Module II

Mastering Contracts Management: The Oxford 5-Day MBA

DAY 6

Contracting and Negotiations Planning

DAY 7

Financial Management and Risks

DAY 8

Contract Types and Payments

DAY 9

Source Selection and Contract Development

DAY 10

Contract Administration

Have a look too on these courses

Project Accounting & Its Relation to Budget

Business Analysis within a Project Environment

Project Planning, Scheduling and Cost Estimating Skills

Project Cost Estimating Skills: Planning for Performance Excellence II

The Complete Course on Project Management

Project Management Professionals ( PMP, PMI )

Main Pages

Quick Access

More Details

Contact Info

Mastering Contracts Management:
The Oxford 5-Day MBA