The 10-day Contract & Project Management Masterclass
Ref No. | Dates | Venue | Fee (US$) | |
---|---|---|---|---|
CM 008 | 13 - 24 Jan 2020 | Istanbul | 10000 | Register |
CM 008 | 08 - 19 Jun 2020 | London | 10000 | Register |
CM 008 | 06 - 17 Jul 2020 | New York | 11000 | Register |
CM 008 | 28 Sep - 09 Oct 2020 | Miami | 11000 | Register |
CM 008 | 07 - 18 Dec 2020 | 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