COURSE OBJECTIVES
At the end of this program, participants will be able to:
- Gain essential knowledge of contracts and legal aspects.
- Learn to apply various types of agreements effectively.
- Enhance commercial awareness to ensure contract efficiency.
- Identify and mitigate risks along with their program implications.
- Understand the significance of checklists, file management, and documentation standardisation for risk reduction.
- Explore different project delivery systems and comprehend commercial liabilities related to schedule changes and variations.
- Acquire advanced scheduling skills, develop project control systems, and negotiate dispute resolution methods to prevent escalation through early identification.
TARGET AUDIENCE
- Associate Project Managers.
- Project Managers.
- IT Project Managers.
- Senior Project Managers.
- Project Coordinators.
- Project Analysts.
- Project Leaders and Team Leaders.
- Product Managers and Program Managers.
- Project Sponsors and Project Team Members.
DAY 1: The Basis of Contracting
- Principles of Good Contracting.
- Key Steps in Contract Creation.
- Tendering and Contract Award Process.
- Price vs. Value.
- Contractual Considerations.
DAY 2: Risks and Selecting The Right Contract Structure
- Risk Assessment.
- Contract Types Exploration.
- Contract Selection.
- Performance Issues Management.
- Ownership and Risk Transfer.
DAY 3: Managing Change Within a Contract
- Understanding Change.
- Developing Contract Terms.
- Strategies for Dispute Prevention.
- Negotiation Techniques.
- Dispute Resolution Methods.
DAY 4: Planning
- Task characteristics, duration using planning and scheduling techniques.
- Critical path and critical chain scheduling methods.
- Time-cost trade-offs, lead/lag scheduling, and the implementation of critical chain scheduling.
- Understanding the concept of risk and uncertainty.
- Identify, analyse, and qualify risks.
DAY 5: Executing, Monitoring and Controlling
- Implementing lean construction strategies to enhance project delivery efficiency.
- Exploring techniques for staff acquisition, team development, and motivation.
- Differentiating between leadership and management.
- Utilising Earned Value to effectively report on project accomplishments.
- Implementing risk strategies and understanding the processes involved in closing a project.
