* All fees are exclusive of vat ** PREMIUM - Customize your learning experience
Contract management administration is a wide word that refers to the management of the parties' obligations in contract delivery. The contract is at the heart of each duty. This course provides a quick overview of contract creation and interpretation as the rules of engagement for parties beginning on a project. It then examines the contract administration and management processes over the life of a project.
What Do Participants Learn?
Be able to deliver superior contract outcomes
They should improve their contract administration methods.
Contract performance should be monitored, and the contract change procedure should be managed.
Understand how to evaluate contract responsibilities and risks.
Manage contract defaults and explore remedies such as contract termination.
Prepare for contract claims and disputes
Review acceptance and Contract close out issues
Who Should Attend?
Contract Specialists and Professionals
Contract and Project Administrators and Coordinators
Anyone new to the function of contract management and administration, or those wishing to polish their contract administration skills
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
Objectives of Contract Administration
What is Effective Contract Administration?
What are the causes and effects of contract failure?
Analysis of the Contract Requirements
Defining the Job to be done – specifications and statements of work