Certified Contract Manager©.
January 20, 2020 - January 25, 2020
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Objectives
At the end of this training seminar, you will learn to:
- Identify principles, definitions and major steps involved in the contracting process
- Outline all contract preparation activities including planning, developing scope of work and identifying sourcing options
- Recognize diverse types of contracts and the effect of each type on the risk allocation strategy
- Develop criteria to invite, receive and evaluate bids
- Apply contract administration tools and techniques to effectively manage the contract and avoid disputes during implementation
- Resolve disputes collaboratively and amicably and outlining alternative dispute resolution methods
Who Should Attend?
This training seminar is suitable for a wide range of people but will particularly suit:
- All those involved in any aspect of preparing,
- Implementing,
- Managing or administering contracts
- Who are committed to prove their dedication to their professional growth.
Target Competencies
- Contract preparation
- Contract administration
- Preparing and evaluating bids
- Planning contracting process
- Resolving contractual disputes
- Managing contractors
PROGRAM OUTLINE
Principles of contracts
- Defining a contract
- Elements of a contract
- Express and implied contracts
- Problems in preparing and managing contracts
Contract preparation
- Stages of contract preparation and management
- Evaluation of internal and external resources
- Contracting methods
- Developing the scope of work
- Problems with a badly written scope of work
- Decision analysis worksheet
- Evaluation criteria
- Terms and conditions
Contract types and strategies
- One or several contracts
- Fixed price contracts
- Cost reimbursable contracts
- Time and material contracts
- Payment terms
The tendering stage
- Objectives of tendering
- Alternative to tendering
- Tendering procedures
- Evaluation of bidders
- Pre-qualification criteria
- Invitation to tender
- Receipt and opening of bids
- Tender evaluation
- Contract award
- Different pricing methods
- Whole life cost
- Value for money
- Most Economically Advantageous Tender (MEAT)
- Online reverse auction
Contract administration
- Purpose of contract administration
- Aspects to manage
- Documents needed to administer a contract
- Contract administration tools
- Role of contract administrators
- Lessons learned
Claims and variation orders
- Breach of contract
- Money damages
- Equitable remedies
- Changes and modifications
- Alternative dispute resolutions (negotiation, mediation, arbitration)
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