Project Contract Administration & Close - Out, Dispute Analysis & Assessment

Section One: Objectives of Contract Administration

• Effective Contract Administration
• Causes and effects of contract failure
• Analysis of the Contract requirements
• Defining the Job to be done – specifications and statements of work
• Key Players In Contract Administration
• Typical Outputs Of Contract Administration

Section Two: Managing Contract Risks

• Why risk management is key to successful outcomes
• Risks and selecting the right contract structure
• Identifying contract risks
• Assessing and allocating risk
• The risk (and opportunities) of types of contract – including traditional, lump sum, schedule of rates, reimbursable, partnering
• The management information required from the contractor to engender trust
• Consequences of inadequate and misleading data
• Responses To risk
• Contract Types
• Important contract clauses concerning risk
• Using Bonds and guarantees
• Working with service level agreements

Section Three: Contract Closeout Procedures

• Contract Completion Statement
• Physical Completion
• Time Standards for Closing Contract Files
• Organizational Structure
• Personnel Involved
• Types of Contract Files
• Contents of Contract Files
• Closeout Procedures
• Basic Closeout Principles
• Closeout Steps
• Accelerated Closeout
• Areas of Special Concern
• Effects of Contract Termination on Closeout Procedures

Section Four: Dispute Analysis & Assessment

• Executing risk, problem and opportunity management plans
• Skills transfer
• Implementing project control metrics tracking
• Inchstone planning
• Addressing the people, process, product, and timing
• Dealing with non-performance/default – Acquiescence, Dispute or Action plans?
• Dispute Management and Resolution
• The strengths and weaknesses of different approaches to resolving disputes
• Stabilization conceptual overview
• Initial questionnaire
• Performing an assessment
• Process capability studies
• Setting acceptance criteria