The Contracts and Project Management Mini MBA

Course Code: PMCM 140

5710 Course Visits

Course Sector:

Project & Contract Management

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Introduction

Training course introducion / brief

Highly esteemed organizations deeply grasp the advantages derived from proficiently mastering optimal approaches in pivotal stages of project and contract management, leading to reduced overall costs and heightened productivity. By honing in on superior processes, methodologies, and techniques, the Contracts & Project Management MBA training workshop will significantly enhance the skill sets of individuals engaged in project and contract endeavors.

This training course is designed to provide the strategic and pragmatic perspectives, encompassing areas such as project and contract preparation, administration, risk analysis, contractor selection, negotiation, team leadership, and performance assessment, both fortifying strategic insights and practical proficiencies for participants.

Establish clear project outcomes prior to commencement.
Manage the challenges associated with fluctuating materials prices.
Analyze the significance of effective planning and implementing planning procedures adeptly.
Gain insights into different contract types and their role in risk allocation.
Define and implement strategies for impactful and decisive action.
Investigate diverse pricing models employed in proposal preparation.
Employ techniques to maintain team alignment towards project delivery goals.
Cultivate negotiation skills for achieving organizational objectives.
Establish and operationalize the essential elements for project monitoring and control.
Comprehend key aspects of contractor price and cost analysis.

* Project Manager

* Business Administrator

* Marketing Coordinator

* Account Executive

* Chief Operating Officer

* Operations Manager

* Executive Administrative

* Risk Manager

* Program Manager

* Business Analyst

* Quality Control Coordinator

* Assistant Manager

* Team Leader

* Senior Supervisors

* Researcher

* Entrepreneur

* Management Consultant

* Public Relations Director

Introduction to Projects Management

What is a Project?
Benefits of Project Management
Why some Projects fail, Project Creep?
The Business Case – It’s importance and relevance
Developing a clear Project Scope and Objectives
Leadership in Projects – What does it mean to you?
Stakeholder Management – The first stage of risk assessment

Scoping and Laying the Foundations

Project Financial Evaluation, how is it done?
Project Cash Flow
Building the Project Management Team
Important Team Dynamics
Breaking the Project into its Main Components
How to assess Project Risk?
Risk Management – ensuring your practice prevention
Components of Project Cost

Monitoring and Controlling Projects

Developing your Project Plan using a robust planning process
Effective Planning and Project Control
Tracking you are still delivering the Project – data information
Project Scheduling
Project Control and Earned Value Management
How to Manage Conflict in your Project

Organising for Success and Gaining & Maintaining Commitment

Project Communications
Meeting Skills
Keys in Reducing Tensions
The Project Support Office
Project Negotiations Tactics
What are the key skill areas needed?

Staying Focused, Delivering and Closing Your Project

An Introduction to Creative Thinking
Formally Closing the Project
Lessons Learned and Creating Learning Culture
Reducing Waste and Unnecessary Work

Module II - Mastering Contracts Management: The Oxford 5-Day MBA

Good Contracting and Procurement Practice

Elements of a Good Contracting and Procurement Process
Cost and Pricing
Cost Analysis
Allocating Overheads
What is a Fair Profit?
Pricing Models

Contract Types and Payments

Managing Risk
Contract Risk Sharing Continuum
Implications of Contract Types
Fixed Price and Cost-Reimbursement Contracts
Innovative Contract Types
Economic Price Adjustment Clauses
Invoices and Payments
Parties to Letter of Credit

Source Selection and Contract Development

Processes for Source Qualification
Developing Pre-qualification and Tendering Criteria
Rules for Drafting the Contract
Terms & Conditions
Forming the Contract
Use of Performance Based Contracting

Contract Negotiations

Role of Negotiation
Negotiation—What Is It?
Characteristics of a Good Negotiator
Basic Rules of Negotiation, Part 1 - A Quote is never a concrete number
Basic Rules of Negotiation, Part 2 - The Best prepared wins
Basic Rules of Negotiation, Part 3 - Have many issues and a BATNA
Negotiation Tactics

Contract Administration and Close Out

Post Award Functions - Overview and Responsibilities
Contract Administration Duties
Scope of Work Variations
Contract Disputes
Termination
Contract Close-Out

Boost certificate of completion

BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.

ENDORSED EDUCATION PROVIDER

Flexible deadlines

Customized dates accordance to your schedule

Shareable Certificate

Earn certificate upon completion

COURSE METHODOLOGY

Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).

At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.

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TRAINING COURSE: The Contracts and Project Management Mini MBA