Course Outline

Course Outline

The 10-day Contract & Project Management Masterclass

Ref No. Dates Venue Fee (US$)  
CM 008 14 - 25 Jan 2019 Istanbul 10000 Register
CM 008 10 - 21 Jun 2019 London 10000 Register
CM 008 15 - 26 Jul 2019 New York 11000 Register
CM 008 30 Sep - 11 Oct 2019 Miami 11000 Register
CM 008 09 - 20 Dec 2019 London 10000 Register

The 10-day Contract & Project Management Masterclass

Introduction

Week 1 of PROCLAD Academy’s highly interactive 10-day Contract & Project Management Masterclass training course provides a systematic approach to the planning, development, negotiation and formulation of effective contracts and highlights the critical activities to be performed during the pre-award, award, and post-award stages of the tendering and contracting processes.

During Week 2, it delivers the "best-in-class" balance of the triple constraints to achieve the Project Excellence. Participants will take an in-depth view of project management, based on the Project Management Body of Knowledge (PMBoK®)) of the Project Management Institute (PMI®).

The key features of PROCLAD Academy’s 10-day Contract & Project Management Masterclass training course are:

  • Improved outcomes in commercial transactions
  • Ensure that contracting is a high value added process
  • Mastering skills in managing contract activities
  • Exceptional negotiation skills
  • Managing the performance of contractors
  • Develop confidence in leading, planning, and managing the entire contract process
  • Identify project management strengths and weaknesses
  • Learn to identify and select the relevant management approach for various types of projects
  • Gain skills in initiating (framing), planning, executing (implementing), monitoring & controlling (evaluating) and closing the projects
Learning Objectives

Participants on PROCLAD Academy’s 10-day Contract & Project Management Masterclass training course will:

  • Systematically develop the contract to fairly and equitably distribute procurement and supply risks
  • Learn planning, development, negotiation and formulation of contracts
  • Manage the pre-award, award, and post-award stages of the tendering processes
  • Understand the most appropriate contract type for the work to be performed
  • Develop negotiation skills to successfully negotiate terms and conditions
  • Employ effective dispute resolution techniques
  • Develop the most appropriate contracts to ensure compliance with contract terms and conditions and avoid cost overruns and late delivery
  • Deal with claims, variation orders and contract deviations
  • Gain insights into essential project management tools and techniques
  • Understand the value of project management processes in project delivery
  • Balance Time Cost and Quality, which are the key components of the project management
  • Perform project scoping and initiate the baselines
  • Manage the communications, risks, HR and procurement knowledge areas
  • Understand in-depth Project Management knowledge based on Project Management Institute (PMI®) Project Management Body of Knowledge (PMBoK®))
  • Map this knowledge into the work environments through practical examples, and job-related discussions
Target Audience

PROCLAD Academy’s 10-day Contract & Project Management Masterclass training course is suitable for any personnel involved in the planning, evaluation, preparation and management of contracts, specifically in the areas of:

  • Procurement, Engineering, Construction, Operations, Maintenance, Finance
  • Project Managers, Team Leaders, Functional Managers & Project Management Office Members
  • Production, Information Technology, Telecommunications, Data Processing, Research and Development, Construction, Corporate Planning and Marketing
Training Methodology

PROCLAD Academy’s 10-day Contract & Project Management Masterclass training course includes a variety of instructional methods, and involve a high level of interaction. It incorporates inspiring lectures with structured lessons from the learning manual along with comprehensive workshops & case studies; captivating PowerPoint slides to enhance learning; ongoing discussions with action planning; ample time for Q&A; training activities to reinforce key concepts within a fun learning environment.

Course Outline
  • Description of a Contract
  • Primary Contractual Elements
  • Contract Formation Processes
  • Fundamental Contracting Perspectives – Risk and Price
  • Primary Project Success Factors
  • Basic Conditions of Contracting
  • General Conditions and Layout of Contract
  • Project Delivery Methods and Contracts
  • Dealing with Suppliers and Contractors
  • Essential Elements of a Contract
  • Contract Documents and Administration
  • General & Special Conditions
  • Pre-Award Stage
  • Tender Evaluation
  • Award Stage
  • Post-Award Stage
  • Competitive Bids
  • Competitive Proposals and Negotiations
  • Non-Competitive Methods
  • Single and Sole Source Negotiations
  • Forbearance and Waiver
  • Liquidated Damages
  • Force Majeure
  • Warranties & Warranty Period
  • Changes, Variations, Claims and Disputes
  • Acceptance and Rejection
  • Contract Performance and Termination
  • Dispute Resolution
  • Fixed Price Compensation
  • Incentive Compensation
  • Cost-Plus Compensation
  • Time-and-Materials
  • Contract Accounting and Payment Procedures
  • Contract Claims and Variations
  • The Ability to Influence
  • Primary Negotiation Styles
  • Power and Negotiation
  • Stages of Negotiation
  • Preparation for Negotiation
  • Price, Payment, Delivery Issues
  • Schedule, Technical & Safety Issues
  • Suspension and termination
  • Acceptance and Certificates
  • Liquidated damages/penalties
  • Guarantee/Warranty/Maintenance
  • Legal Remedies for Breach of Contract
  • Dispute Resolution clauses
  • Mediation, Arbitration, and Litigation
  • Change Orders and Claims
  • Liquidated Damages
  • What Is a Project?
  • What Is Project Management?
  • Stakeholders
  • The Triple Constraint
  • Initiating Process Group
  • Planning Process Group
  • Executing Process Group
  • Monitoring and Controlling Process Group
  • Closing Process Group
  • Develop Project Charter
  • Workshop
  • Organizational Structures
  • Functional Organization
  • Matrix Organization
  • Project-based Organization
  • What Is Project Scope Management?
  • Scope Statement
  • Scope Definition
  • Stakeholder Analysis
  • Project objectives
  • Workshop
  • What Is Project Time Management?
  • Activity Definition & Decomposition
  • Activity Sequencing
  • Activity Resource Requirements
  • Activity Duration Estimating
  • Three-Point Estimates
  • Activity Duration
  • Schedule Development
  • Critical Path Method
  • Schedule Compression
  • Workshop
  • What Is Project Cost Management?
  • Life Cycle Costing
  • Cost Estimating
  • Activity Cost Estimates
  • Cost Budgeting
  • Cost Baseline
  • Cost Control
  • Earned Value Management (EVM)
  • EVM Forecasting
  • Workshop
  • What Is Project Quality Management
  • Perform Quality Assurance
  • Perform Quality Control
  • Cause-and-Effect Diagram
  • Control Charts
  • Pareto Diagram
  • Workshop

Selecting and Developing the Project Team

  • Types of Power/Authority
  • Maslow’s Hierarchy
  • What Is Leadership?
  • Definition of a Team
  • Situational Leadership® Styles
  • What is Risk?
  • Risk Management Model
  • Identifying Potential Risk Events
  • Risk Register
  • Probability and Impact Matrix
  • Risk Response Planning
  • Strategies for Risk Response Planning
  • Contingency plan
  • Workshop
  • Plan Purchases and Acquisitions
  • Contract Type Selection
  • Procurement Documents
  • Evaluation Criteria
  • Bidder Conferences
  • Proposals
  • Select Sellers
  • Contract Negotiation
  • Lessons Learned