The Contracts & Project Management

Overview:

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 seminar will make a great contribution to the skill sets of those involved in contracts and projects.

Course Objectives:

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

• Know your Outcomes before you start a Project
• Deal with volatile Materials Pricing
• Discuss the importance of planning and how to manage the Planning Process
• Learn about Contract Types and how they Transfer Risk
• Define and how to take Massive Action
• Explore the various Pricing Models used in preparing Proposals
• Know how to keep them focused on the Delivery Goal
• Develop Negotiation Skillsets to gain the Organisation’s Objectives
• Know how to Set Up and Operate Disciplines required to Monitor and Control Projects
• Understand Important Aspects of Contractor Price and Cost 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 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

Course 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