The Contracts and Project Management

Introduction:

World-class organizations understand well the benefits of lower total cost and higher productivity resulting from mastering best practices in the important phases of project and contract management. With a focus on the best practices for processes, methods, and techniques, this Contracts & Project Management training program will make a great contribution to the skill sets of those involved in contracts and projects.

Program Objectives:

At the end of this program the participants will be able to:

• Understand Project Outcomes and Dealing with Materials Pricing Volatility.

• Know the Importance of Planning and Managing the Planning Process.

• Explore Contract Types and Risk Transfer.

• Take Massive Action and Exploring Pricing Models for Proposals.

• Foster Focus on Delivery Goals and Developing Negotiation Skills.

• Establish Disciplines for Project Monitoring, Control, and Contractor Analysis.

Targeted Audience:

• Contracts Management Professionals.

• Project Management Professionals.

• Tendering, Purchasing, Contract Administration Professionals and Personnel.

• Engineering, Operational, Finance, and Maintenance Professionals.

• And all others who are involved in Project Work from simple to complex tasks.

Program Outlines:

Unit 1:

The Fundamentals of Project Management:

• Key Definitions in Project Management.

• The Project Life - Cycle.

• Project Complexity Factors.

• Project Strategizing and Managing Triple Constraint.

• Project Context & Environment.

• Key Financial Concepts.

Unit 2:

Project Planning and Organising:

• The 20 Project Management Sequence Steps.

• Defining Project Scope and Developing Work & Cost Breakdown Structures.

• Project Management Roles & Responsibilities.

• Project Planning Inputs, Tools & Techniques.

• Project Estimating Techniques.

• Project Scheduling Methods.

Unit 3:

Implementing, Executing, and Controlling Projects:

• Project Implementation & Resource Management.

• Developing Project Control Systems.

• Keeping Projects On -Track & Controlling Change.

• Project Performance Measurement & Key Performance Indicators.

• Earned Value Management.

• Project Progress Measurement from Initiation to Handover.

Unit 4:

Project Risk Management:

• Risk Management Planning.

• Risk Identification.

• Qualitative Risk Analysis.

• Quantitative Risk Analysis.

• Risk Response Planning & Implementing.

• Controlling Project Risks.

Unit 5:

Project Leadership and Stakeholder Management:

• Understanding Leadership & Management.

• Working in Project Teams.

• The Team Development Cycle.

• Keys to Effective Influence & Persuasion.

• Improving Communication, Delegation & Motivating Skills.

• Managing Stakeholders & Stakeholder Expectations.