Course Description
This 2- day workshop introduces the student to the basic concepts of project contract management principles, policies, and responsibilities. It provides guidance on carrying out the vital responsibilities of a Project Manager in managing contracts and handling the challenges and problems that arise during the life of a contract. This workshop will provide a legal understanding of a contract. Lecture and discussion are reinforced with the team and individual exercises.
Who should attend?
Project managers, team leads, business managers who are involved in managing project contracts.
Course Objectives
Upon completion of this program, participants will be able to:
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Understand concepts on contract management
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Understand the different parts of the contract and its legal implications.
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Avoid common problems and reduce risk
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Manage the change process more effectively
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Understand the importance of payment management
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Monitor completion criteria and acceptance
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Resolve disputes quickly and reduce costs
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Manage contracts to meet targets and increase productivity.
Course Content
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Contract Management - A Proactive Process
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Contract Management - Planning
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Dispute Avoidance and Resolution
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Change Management
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Monitoring Progress - Tools and Techniques
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Acceptance—What Works
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Invoice and Payment Management
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Terminations—What to Know, What to Do
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Contract Closeout—Final Actions