This intensive 10-day training course offers complete guidance for managing all types of projects that include the complexity of commercial and business relationships. The training course explores how to ensure projects deliver outcomes that are client-focused, contractually appropriate, and organizationally relevant.
This training course covers key aspects of project definition, planning, control, and handover to ensure relevant quality within time, budget, and resource constraints. It explores in detail what a contract does (and does not) require each party to the contract to do and the consequences for both parties of any failure. It also tackles team leadership, stakeholder management, and project communication.
Develop project plans focused on delivering sustainable benefits
Lead project teams in the use of contracts and delivery of projects
Manage relationships with project stakeholders and contractual partners
Improve their understanding of the role of contracts within a business
Apply the latest international thinking in dispute resolution
Contract Administrators & Contract Professionals
Contracts Managers
Engineers or contracts operatives
Existing & New Project Managers
Project Team Members & Sponsors
Managers of project portfolios
The need for contractual relationships
What is needed to create a valid contract? Ingredients and formalities
Authority and agency
The tender process
Alternative sourcing
Making contracts enforceable – with particular emphasis on the international context
Form of Agreement
Hierarchy of Terms and Conditions
Different contractual structures? Traditional and new
Risk and Title (ownership) in international trade - When does it transfer?
Notices and other formalities
Which law and which courts?
Securitizing performance obligations
Bonds and guarantees
Parent company guarantees
Letters of intent, comfort, or awareness
Insurance policies
Assessing the need for financial security
Changes to Contract documents
Assignment/Novation explained and distinguished
Variation clauses and changes to the scope of work
Claims – what they are and how they arise
Delay and disruption
Force majeure
Conflict avoidance and tiered dispute resolution clauses
Negotiation
Litigation
Arbitration
Mediation, ENE, and new best practices in dispute resolution and management
Final questions and review of course
What is a project?
Mature project management
Selecting projects to meet organizational goals
Managing programs and portfolios
Uncertainty in project selection decisions
Project data, information, and knowledge management
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