An Intensive 10-day Training Course

Advanced Contract and Project Management

Getting the Best out of Projects in a Contracting Environment

Course Introduction

This Advanced Contract and Project Management training course will help you to develop the advanced skills required to implement projects in a contractual context. Organisations frequently use projects to implement change and to achieve benefits, and increasingly we do this by contracting the project activities out to others. This can simplify management, but it introduces additional risk, which, unless managed properly, can increase the probability of project failure. This training course will cover the skills required in both of these areas to maximise the probability of delivering successful projects in this environment.

You may have experience in managing projects, contracts, or both. This course will build on that knowledge in an easily understandable way so that you expand your capability and effectiveness. More importantly, it will give you some practical tools and techniques that you can apply, which will give a tangible increase in the benefit that you will gain from this training course.

This Advanced Contract and Project Management training course will highlight:

  • The key stages in managing contracts and the critical skills required
  • The crucial interface between project and contract management
  • The importance of post-award contract management
  • How to implement strategy via programmes and portfolios
  • Putting in place the conditions for project success
  • Understanding project financing
  • Alternative project delivery methods and when to use them

Modules

This course is split in two modules:

Module 1: Advanced Contract Management
Module 2: Advanced Project Management

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.

Objectives

This training course will equip you with all of the knowledge that you need to be effective when managing projects in a contractual environment.

At the end of this Advanced Contract and Project Management training course , you will understand:

  • Methods for improving contract performance
  • How to deal with common issues including slippage, scope creep and cost growth
  • How to handle claims and disputes successfully
  • Key “soft” skills to help you solve problems and get the best out of people
  • How to utilise alternative project strategies and methods of implementation
  • Ways to increase organizational project capability and maturity
  • Advanced project financing concepts
  • Programme and portfolio management techniques to implement strategic change

Training Methodology

The Advanced Contract and Project Management training course is full of practical techniques and examples, intended to enhance knowledge and give practical benefit. The worked examples, case studies and team exercises will make applying the knowledge gained much easier. Often, helpful insight can be gained from discussion with other delegates, and the course delivery style will provide opportunities to do this.

Organisational Impact

By sending delegates on this Advanced Contract and Project Management training course, organisations will maximise the value that they gain from implementing projects via contractual means, and reduce the risk of poor performance, financial loss, reduced value and reputational damage. The organisation will also gain:

  • Increased capability to deliver strategic change
  • Greater predictability in the benefits produced
  • Increased confidence in returning value.

Personal Impact

Delegates who attend this Advanced Contract and Project Management training course will learn how to ensure that contracts deliver the results required, that the relationship between contract parties remains good and that difficulties and adverse events can be overcome. Importantly, they will learn how to manage risk and change, and how to get the best out of everyone involved. In addition, they will:

  • Understand how to create the conditions for project success
  • Deepen their knowledge of project financing
  • Learn how to implement strategic change for their organisations.

Who Should Attend?

Implementing project activities through contracts is commonplace, and will touch a range of people working in project management and related disciplines. This Advanced Contract and Project Management training course is suitable to a wide range of professionals but will greatly benefit:

  • Contract holders
  • Contract & procurement team members
  • Project managers
  • Project team members
  • Project Management Office (PMO) staff
  • Project Directors
  • Project Sponsors
  • Senior Management
  • Assurance and quality management staff

Course Outline

Module 1: Advanced Contract Management

Day 1

Introduction and Review of Basic Principles

  • Why contract management?
  • Benefits of doing it right and problems with doing it wrong
  • Overview of overall contracts & procurement cycle
  • Relationship to project management
  • Developing effective procurement strategies
  • Common contract types – pros, cons, and risks
  • Key roles and responsibilities

Day 2

Post Award Management

  • Preparation for contract post award phase
  • Handover from contract award
  • Process overview, including inputs and outputs
    • Initiation stage
    • Planning stage
    • Delivery stage
  • Change management
  • Risk management

Day 3

Contract Closeout

  • Closeout process overview, including inputs and outputs
  • Contract closure
  • Handover and transition
  • Operations and support
  • Handling premature close

Day 4

Key Management Skills

  • Relationship and stakeholder management
  • Communication
  • Performance management
  • Negotiation
  • Conflict management
  • Leadership
  • Documentation and record keeping 

Day 5

Encountering and Solving Problems

  • Common issues and risks, and how to deal with them
  • Disputes
  • Claims
  • Completion, sign off and payment problems
  • Recap of material
  • Reference Material
  • Things you can do when you return to your desk

Module 2: Advanced Project Management

Day 6

Implementing Strategy via Projects, Programmes and Portfolios

  • What is strategy and how can the project world help to deliver it?
  • The increasing velocity of change and how we handle it
  • Delivery of change – common vehicles, when to deploy and how to manage them
    • Projects
    • Programmes
    • Portfolios
  • Managing for benefits and value

Day 7

Advanced Project Delivery

  • Determining and managing the project environment
  • Setting the conditions for project success
  • Alternative delivery models, including Waterfall, Agile, Hybrid and Evolving
  • Change management and transition to BAU
  • Project procurement strategy

Day 8

Doing the Right Projects and Doing the Project Right

  • Governance – methods
  • Effective sponsorship
  • Supporting the project organisation
  • Gaining and maintaining assurance
  • Focus on people and leadership 

Day 9

Project Finance and Project Maturity Models

  • Understanding project funding
  • Comprehending project accounting
  • Effective investment appraisal
  • Getting better at projects - using maturity models
    • Organisational considerations
    • Why project maturity matters
    • Common models

Day 10

Ethics and Professionalism

  • Project professionalism
  • Ethics
  • Competence
  • Learning and development
  • Communities of practice
  • Recap of material
  • Reference Material
  • Things you can do when you return to your desk

Certificate

Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.

In association with

GLOMACS Training & Consultancy

GLOMACS Training & Consultancy

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The Energy Training Centre

The Energy Training Centre

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Course image
Duration
10 Days
Format
Classroom
Language
English
Choose the date and location that suits you:
Classroom Sessions
London
30 Dec 2024-10 Jan 2025
Fee: $11,900
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Dubai
10-21 Feb 2025
Fee: $11,900
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New York
26 May-06 Jun 2025
Fee: $13,900
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London
28 Jul-08 Aug 2025
Fee: $11,900
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London
13-24 Oct 2025
Fee: $11,900
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Dubai
03-14 Nov 2025
Fee: $11,900
Book your place
Barcelona
01-12 Dec 2025
Fee: $11,900
Book your place


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