Course Objective:

 By the end of the program, participants will be able to:

· Identify the major project and contract management framework and processes.
· Identify the major activities, steps and tools to manage their contracting partner who is executing their project.
· Recognize the main contractual provisions that can affect projects.
· Demonstrate the importance of partnership and negotiation in managing projects.
· Identify the impact of contract’s variation orders and claims on projects.
· Determine the contracting strategy for their project.

Who Should Attend:

 Personnel who are seeking in-depth knowledge on managing their contractual partners who are executing their projects. The program is designed to provide concepts, provisions and tools that will enable managing contractors.

Course Outlines:

Overview

• Project and Program Definition
• Definition of Project and Project Management
• Contracting the Project
• Project Scope of Work
• Role of Customer and the Contractor

Principles of Contracts

• Objectives
• Contract Framework
• Elements of a Contract
• Knowing your Contract
• Contract Provisions Affecting Implementation

Project / Contract Management Tools 

• Project and Contract Decomposition
• Developing and Control Schedule
• Developing Milestone Chart and Gantt Chart
• Developing and Controlling Cost
• Calendars
• Issues and Risks Logs
• Dashboard and Scorecards

Contract Types and Strategies

• One versus Several Contracts
• Sole versus Single Sourcing
• Lump Sum versus Cost Plus Contracts
• Measured Work Contracts
• Turnkey Projects

Managing Contractors

• Evaluating Contractor’s Performance
• Status and Progress Reporting
• Managing Deviations
• Variation Orders
• Claims and Disputes
• Risk Management

Dealing with Contractors 

• Communication
• Building Relationship
• Negotiation