Advanced Contract and Project Management

Introduction

This Advanced Contract and Project Management training course will help you to develop the advanced skills required to implement projects in a contractual context. Organisations frequently use projects to implement change and to achieve benefits, and increasingly we do this by contracting the project activities out to others. This can simplify management, but it introduces additional risk, which, unless managed properly, can increase the probability of project failure. This training course will cover the skills required in both of these areas to maximise the probability of delivering successful projects in this environment.

You may have experience in managing projects, contracts, or both. This training course will build on that knowledge in an easily understandable way so that you expand your capability and effectiveness. More importantly, it will give you some practical tools and techniques that you can apply, which will give a tangible increase in the benefit that you will gain from this training course.

This GLOMACS Advanced Contract and Project Management training course will highlight:

• The key stages in managing contracts and the critical skills required
• The crucial interface between project and contract management
• The importance of post-award contract management
• How to implement strategy via programmes and portfolios
• Putting in place the conditions for project success
• Understanding project financing
• Alternative project delivery methods and when to use them

Modules

This training course is split into the following modules:

Module I - Advanced Contract Management

Module II - Advanced Project Management

Objectives

This training course will equip you with all of the knowledge that you need to be effective when managing projects in a contractual environment.

At the end of this Advanced Contract and Project Management training course , you will understand:

• Methods for improving contract performance
• How to deal with common issues including slippage, scope creep and cost growth
• How to handle claims and disputes successfully
• Key “soft” skills to help you solve problems and get the best out of people
• How to utilise alternative project strategies and methods of implementation
• Ways to increase organizational project capability and maturity
• Advanced project financing concepts
• Programme and portfolio management techniques to implement strategic change

Training Methodology

The Advanced Contract and Project Management training course is full of practical techniques and examples, intended to enhance knowledge and give practical benefit. The worked examples, case studies and team exercises will make applying the knowledge gained much easier. Often, helpful insight can be gained from discussion with other delegates, and the training course delivery style will provide opportunities to do this.

Organisational Impact

By sending delegates on this Advanced Contract and Project Management training course, organisations will maximise the value that they gain from implementing projects via contractual means, and reduce the risk of poor performance, financial loss, reduced value and reputational damage. The organisation will also gain:

• Increased capability to deliver strategic change
• Greater predictability in the benefits produced
• Increased confidence in returning value.

Personal Impact

Delegates who attend this Advanced Contract and Project Management training course will learn how to ensure that contracts deliver the results required, that the relationship between contract parties remains good and that difficulties and adverse events can be overcome. Importantly, they will learn how to manage risk and change, and how to get the best out of everyone involved. In addition, they will:

• Understand how to create the conditions for project success
• Deepen their knowledge of project financing
• Learn how to implement strategic change for their organisations.