Course Schedule

Date	Venue	Fees
19 - 21 Aug 2024	Cape Town - South Africa	$3,900

Course Description

Introduction

The Multilateral Development Banks, led by the World Bank are introducing changes to modernize their procurement practices with more robust strategic planning, more choice of procurement options and a greater focus on value for money and fit for purpose solutions. The changing economic needs of parties over the duration of long term projects need to be reflected in mechanisms to change existing contracts without having to revert to new procurement processing. This requires a both careful appraisal and management of risk apportionment at the outset of the procurement process and the ability to deliver change without fracturing party relationships to the cost of both.

Using the Harvard Study Method of a rolling worked problem, this GLOMACS workshop will feature a comprehensive best practice understanding of:

How to Undertake Contract change both Before and After Procurement of Equipment and Works
How to Manage and Reduce Cost and Risk
The Mechanics of Change in Standard Form Contracts
How to Preserve Project Budgets
Meeting the Challenge of Re-programming

Objectives

By the end of this GLOMACS workshop, participants will be able to :

Develop a procurement strategy which accepts the need for potential contract change
Avoid conflict in change management
Appraise what is required to measure and deal with risk management
Select the optimal procurement arrangements
Develop a contract management plan

Training Methodology

This GLOMACS Workshop on Contract Management in Public Procurement will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented, but will be built around a continuous and developing problem to be the subject of pre-reading, group and plenary discussion and drafting.

Who Should Attend?

This GLOMACS Contract Management in Public Procurement workshop is suitable to a wide range of professionals but will greatly benefit those who need a sound working knowledge of the new Procurement Frameworks of the World Bank and African Development Bank, including the personnel of European Agencies & Institutions, Government Offices & Agencies, International Organisations, Universities & Research Institutes, etc.

Project Managers and Team Leaders that need to understand strategic procurement planning
Technical Specialists such as Engineers involved in procurement
Professionals that need to understand the new approach to procurement financed by Development organizations
Procurement Professionals that need to understand a best practice approach to procurement

Course Outline

Contract Change Risk and Strategic Procurement in the Context of World Bank Financed Projects

Introduction to Strategic Procurement in the World Bank Context
Contextualising the Problem of Contract Change and Analysing Risk in Contracting
Standard Form Contracting as a response to meeting Risk
Risk Analysis from Operating Context, Supply Market and Previous Experience
Options to Manage Supply Risks through the Procurement Arrangements
Organizational Needs and Legal Requirements

Using the Contract to Facilitate Change

Contract Terms Restricting Change and Deemed to Know Provisions
Assignment, Alienation of Rights and Sub-contracts, Force Majeure and Frustration
Contract Terms used as a Vehicle for Change: Variations Clauses, Change Orders and Notices
Contract and Risk Management Plans: Linking Needs to Specifications, Evaluation Criteria and KPIs
Measuring the Impact of Change
Summary and Key Learning

Certificates

On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance

Providers and Associations

Endorsed Education Provider

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

In Association With

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

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Workshop on Contract Management
in Public Procurement

Changes to Existing Contracts and Avoiding the
Need for a New Tender

Upcoming Dates

Code

Date

Venue

Fees

WS008

19 - 21 Aug 2024

Cape Town - South Africa

$3,900

Introduction

Using the Harvard Study Method of a rolling worked problem, this GLOMACS workshop will feature a comprehensive best practice understanding of:

How to Undertake Contract change both Before and After Procurement of Equipment and Works
How to Manage and Reduce Cost and Risk
The Mechanics of Change in Standard Form Contracts
How to Preserve Project Budgets
Meeting the Challenge of Re-programming

Objectives

By the end of this GLOMACS workshop, participants will be able to :

Develop a procurement strategy which accepts the need for potential contract change
Avoid conflict in change management
Appraise what is required to measure and deal with risk management
Select the optimal procurement arrangements
Develop a contract management plan

Training Methodology

Who Should Attend?

Project Managers and Team Leaders that need to understand strategic procurement planning
Technical Specialists such as Engineers involved in procurement
Professionals that need to understand the new approach to procurement financed by Development organizations
Procurement Professionals that need to understand a best practice approach to procurement

SEMINAR OUTLINE

Contract Change Risk and Strategic Procurement in the Context of World Bank Financed Projects

Introduction to Strategic Procurement in the World Bank Context
Contextualising the Problem of Contract Change and Analysing Risk in Contracting
Standard Form Contracting as a response to meeting Risk
Risk Analysis from Operating Context, Supply Market and Previous Experience
Options to Manage Supply Risks through the Procurement Arrangements
Organizational Needs and Legal Requirements

Using the Contract to Facilitate Change

Contract Terms Restricting Change and Deemed to Know Provisions
Assignment, Alienation of Rights and Sub-contracts, Force Majeure and Frustration
Contract Terms used as a Vehicle for Change: Variations Clauses, Change Orders and Notices
Contract and Risk Management Plans: Linking Needs to Specifications, Evaluation Criteria and KPIs
Measuring the Impact of Change
Summary and Key Learning

In Association With

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

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All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.com

An Interactive 3-Day Training Course

Workshop on Contract Management in Public Procurement

Changes to Existing Contracts and Avoiding the Need for a New Tender

Introduction

Objectives

Training Methodology

Who Should Attend?

Contract Change Risk and Strategic Procurement in the Context of World Bank Financed Projects

Using the Contract to Facilitate Change

Endorsed Education Provider

In Association With