Description

Project Contract Management Skills

Contracts are a critical part of most large or strategic projects/programs. As such, it is imperative that Project and Program Managers be well versed on basic implications of a contract as well as best practices in contract management. While not as critical a need, anyone involved in projects that involve external relationships should have a healthy appreciation for the power of good contract management.

The overall goal of the course is to provide knowledge to manage complex contracts in a global environment.

What You Will Learn

After this program, you will be able to:

Explain overall project procurement process from a buyer and seller perspective

Recognize the importance of key contractual terms and how they affect projects

Evaluate and contribute to the pre-contract documents and processes

Identify and mitigate common pitfalls throughout the procurement process

Utilize techniques to administer contracts

Getting Started

Introductions

Course structure

Course goals and objectives

Foundation Concepts

The Importance of Contract Management

Terms and Definitions

Contract Management Process

Legal Systems

Codes of Conduct

Planning

Business Analysis

Procurement Management Plan

Procurement Statement of Work (SOW)

Common Pitfalls

Solicit Contract

Market Analysis

Bid documents

Sellers' Proposals

Pitfalls

Execute Contract

Evaluate and Award Contract

Negotiate Contract

Execute Contract

Common Pitfalls

Deliver the Contract

Preparing to Deliver

Project Plan

Risk Management

Common Pitfalls

Administer Contract

Enabling Contract Management

Contract Performance Monitoring and Control

Change Management

Financial Management / Payment

Dispute Management & Resolution

Contract Completion and Closure

Course Images

Project Contract Management Skills

By IIL Europe Ltd

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