An Intensive 5-day Training Course
Advanced Contract Management
Maximising Contract Effectiveness
Course Introduction
This Advanced Contract Management training course will help you to develop the advanced skills required to get the best out of your project contracts. Organisations frequently use contracts to implement project activities or work packages. Unless managed well, this can be source of risk and loss for the organisaiton. This course will cover the skills required to maximise the value that is returned from these critical commercial relationships.You may have experience in managing projects, contracts, or both. This training 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 course.
This Advanced Contract 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 maximise value and benefit
Objectives
This 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 Management training course, you will understand:
- Methods for improving contract performance
- How to deal with common issues including slippage, scope creep and cost growth
- Ways to handle claims and disputes successfully
- The steps needed to prepare for post award contract management
- How to manage risk and change
- Key “soft” skills to help you solve problems and get the best out of people
Training Methodology
The 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 Management training course, organisations will maximise their gain from the contracts awarded in their projects, and reduce the risk of poor performance, financial loss, reduced value and reputational damage. The organisation will also gain:
- Increased capability and competence in managing its contracts
- Greater benefit and returned value from the contracts it places
Personal Impact
Delegates who attend this Advanced Contract 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 in contracts
- Maximise team performance and get the best out of everyone involved
Who Should Attend?
Implementing project activities through contracts is common place, and will touch a range of people working in project management and related disciplines. It 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
- Assurance and quality management staff
Course Outline
Day One
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 Two
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 Three
Contract Closeout
- Closeout process overview, including inputs and outputs
- Contract closure
- Handover and transition
- Operations and support
- Handling premature close
Day Four
Key Management Skills
- Relationship and stakeholder management
- Communication
- Performance management
- Negotiation
- Conflict management
- Leadership
- Documentation and record keeping
Day Five
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
Certificate
Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.
In association with
This training course is also part of below 10-day title:
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FREQUENTLY ASKED QUESTIONS
To check on availability please call Registrar’s Office at +971 50 985 0174. If you have any questions or enquiries please feel free to contact us
- Telephone: +971 50 985 0174
- E-mail: [email protected]
Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:
- Telephone: +971 50 985 0174
- E-mail: [email protected]
Yes, Oxford Management Centre is accredited by the following professional bodies;
National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.
Yes, discounts are available. For further information please call +971 50 985 0174 or email, [email protected]
Note: Discounts are not applicable with any other special offer that may be available.
There are 2 easy ways to register:
- Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
- E-mail: Send your details to [email protected]
We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.
For more information request, email [email protected] or call +971 50 985 0174.
The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.
While, online training fees cover the course presentation and digital documentation and relevant materials.
The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.
Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.
Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.
Upon receipt of your registration form, we will send you the following by e-mail:
- Registration Confirmation
- Invoice/Receipt (where appropriate)
If you register online you will receive an e-mail within 24 hours confirming your registration.
