Introduction:

World-class organizations 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 Contracts & Project Management training program will make a great contribution to the skill sets of those involved in contracts and projects.

Program Objectives:

At the end of this program the participants will be able to:

Understand Project Outcomes and Dealing with Materials Pricing Volatility.
Know the Importance of Planning and Managing the Planning Process.
Explore Contract Types and Risk Transfer.
Take Massive Action and Exploring Pricing Models for Proposals.
Foster Focus on Delivery Goals and Developing Negotiation Skills.
Establish Disciplines for Project Monitoring, Control, and Contractor Analysis.

Targeted Audience:

Contracts Management Professionals.
Project Management Professionals.
Tendering, Purchasing, Contract Administration Professionals and Personnel.
Engineering, Operational, Finance, and Maintenance Professionals.
And all others who are involved in Project Work from simple to complex tasks.

Program Outlines:

Unit 1:

The Fundamentals of Project Management:

Key Definitions in Project Management.
The Project Life - Cycle.
Project Complexity Factors.
Project Strategizing and Managing Triple Constraint.
Project Context & Environment.
Key Financial Concepts.

Unit 2:

Project Planning and Organising:

The 20 Project Management Sequence Steps.
Defining Project Scope and Developing Work & Cost Breakdown Structures.
Project Management Roles & Responsibilities.
Project Planning Inputs, Tools & Techniques.
Project Estimating Techniques.
Project Scheduling Methods.

Unit 3:

Implementing, Executing, and Controlling Projects:

Project Implementation & Resource Management.
Developing Project Control Systems.
Keeping Projects On -Track & Controlling Change.
Project Performance Measurement & Key Performance Indicators.
Earned Value Management.
Project Progress Measurement from Initiation to Handover.

Unit 4:

Project Risk Management:

Risk Management Planning.
Risk Identification.
Qualitative Risk Analysis.
Quantitative Risk Analysis.
Risk Response Planning & Implementing.
Controlling Project Risks.

Unit 5:

Project Leadership and Stakeholder Management:

Understanding Leadership & Management.
Working in Project Teams.
The Team Development Cycle.
Keys to Effective Influence & Persuasion.
Improving Communication, Delegation & Motivating Skills.
Managing Stakeholders & Stakeholder Expectations.

The Contracts and Project Management