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The Contracts and Project Management



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.

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