Advanced Contract Management: Planning Strategy, Development, Legal, Negotiation, Disputs, Claims, Counter Claims, Risk & Administration

Code	Start Date	End Date	Location	Venue	Price	Languages	Register
PM 150 - 01	09-02-2020	12-02-2020	5 Stars Hotel	Istanbul	$ 5450	English	Register
PM 150 - 02	05-04-2020	09-04-2020	5 Stars Hotel	Dubai	$ 4950	English	Register
PM 150 - 03	14-06-2020	18-06-2020	5 Stars Hotel	Kuala Lambur	$ 5450	English	Register
PM 150 - 04	16-08-2020	20-08-2020	5 Stars Hotel	Manama	$ 4950	English	Register
PM 150 - 05	15-12-2019	19-12-2019	5 Star hotel	Dubai	$ 4750	English	Register

Intoduction

The programme covers the contracting process from contract award, through planning and management to contract close-out and resolution of disputes. The intention is to develop a delegate’s existing skills in a wide range of contract management situations, and to allow participants to have an awareness of practices in many business sectors including construction, petroleum, engineering and other industries.

This programme is designed to:

Training Methodology

The programme will include a range of lively and interactive training methods, including exercises, role plays, case studies, practice sessions and group discussions. The learning experience will be grounded on instructor-led presentations that highlight key issues to focus on, and supported by a reference manual containing examples of best practice. Discussions will enable participants to share their own experiences with the rest of the group.

Program Objectives

Select appropriate type and form of contracts for different situations
Understand the legal framework in which contract management takes place
Understand the contract complexities that need managing
Explain the practical steps in obtaining and analysing performance data
Be more effective in contract management activities
Anticipate problems and manage risks
Integrate contract management with contract needs
Understand the best means of handling claims, disputes and performance issues.

Course Outline:

Day1 - Understanding the contract

Overview of the tendering and contract award process
Understanding contracts – a refresher on legal requirements for a contract
Formal and Informal Contractual documents, including
- Standard terms and conditions
- Letters of intent
- Letters of comfort
The specification and scope of work – linkage to price and payment
Recognizing where the contract risks lie
Tools and techniques to manage contract risks

Day2 - Key skills of contract management

The role and value of an effective contract manager
Implementing the new contract
Effective Review processes
Inspection and certification of contractual performance
Managing suppliers of professional services
Working with contract management reports
Using KPIs in effective contract management

Day3 - Model Contracts and Terms

Selecting the right model for the contract
Standard form Contracts – ICC, FIDIC, NEC and others
Force Majeure clauses
Indemnities and Insurance clauses
Warranty clauses
Bonds and Guarantees
Contract variation clauses

Day4 - Managing Price and Contract Variations

Managing Price escalation
Getting a breakdown of costs
Cost and price analysis techniques
Tracking changes
Managing variations to the work
- Changes to timing, accelerating delivery
- Increase or decrease in scope
- Changes to work methods
Negotiation techniques for price and contract variation management

Day5 - Managing claims and disputes

Typical contract claims – scope, delay, quality, payment
Implementing penalties or service credits
Liquidated and unliquidated damages
Termination and other methods of dealing with default
Defects Liability management
Dispute Resolution – tools and techniques to use
Contract closeout

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