Overview:

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.