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Public
Courses — Enhanced Skills Curriculum
Project Management of
Contract and Procurement Management
Contractsw, Risks and Legal Issues in Projects
Suppliers or sub-contractors do substantial portions of projects. The
success or failure of a project is dependent on how well project managers
plan, execute and control the external relationships that involves
procurement and is established by contracting. Organiztions enter into
various forms of contractural arrangements to implement the scope of
supply or sub-contract, from fixed price to cost-type.
The focus of this course is on the effective management of that part
of the project that is performed by another organizational entity.
Participants will learn tools and techniques for effective project
management, and how these apply to procurement activities and contractual
arrangements.
Who
Must Attend? | The
Benefits | Program
Details | Public Course Schedule
Who Must Attend?
This two-day course is targeted specifically at professionals in Sales,
Engineering, Operations, Field Service, and IT, as well as the senior management
population who wish to broaden their understanding of contracts and project
management and the techniques to avoid disputes and legal problems.
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The Benefits
This course will help you to:
- Effectively
plan, structure, and control projects to minimize risk, conflicts,
and
misunderstandings;
- Assess your
own project management skills and create a personal action plan
for improvement;
- Manage contracts
and avoid legal pitfalls;
- Manage conflicts
and apply methods to resolve conflicts that do arise;
- Understand
sources of risk in a project and learn methods to minimize
and mitigate those risks.
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Program Details
| Day
1 |
The Project
Management Method
- Your
role and responsibility.
- How
the project manager operates across functions.
- How
do I define my project?
- What
do I do as a project manager?
- A model
for project planning, control and reporting.
The
Project Management Life Cycle
Process
Groups Framework for Project Management
Critical
Issues in Contracts and Procurement
International
Perspective for Contracts and Procurement
The
Project Manager's Role in Contracts and Procurement Processes
Introduction
to Contracts and Procurement Processes
Contract
Life Cycle
Requirement
Process
- Plan
purchases and acquisitions
- Make-or-buy
analysis
- Contract
SOW
- Performance
- Function
- Design
Requisition
Process
- Plan
contracting
- Documentation
- RFP/RFT
- Qualified
seller lists
- Standard
contract form
- Special
conditions
- Letter
of agreement, intent
- Concept
of Privity
- Sole
sourcing and single sourcing
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| Day
2 |
Solicitation
Process
- Obtaining
bids and proposals
- Methods
to request sellers' responses
- Vendor
and Pre-Bid conferences
- Qualified
sellers list
- Proposals
- Advertising
Awarding
Contracts - Selecting Sellers
- Trade-off
studies
- Weighted
evaluation system
- Independent
estimate
- Supplier
historical record
- Screening
evaluation
- Focused
presentation
- Negotiation
Contract
Administration Process
- Define
a contract
- Contract
types; advantages and disadvantages, risks
Fixed
Price Contracts
- Firm
fixed price
- Fixed
price plus economic adjuctment
- Fixed
price plus incentive
Cost
Plus
- Cost
plus fixed fee
- Cost
plus award fee
- Cost
plus inventive fee
Time-and-Material
Contract Change Control Procurement Management
- Supply
chain and value chain
- Concept
of commodity
- Custom/unique
products and services
- Tactics:
stocking or forward buying
- Blanket
purchase order
- Split
order - Multiple source
- Seller
performance management
Contract
Closure
- When
is contract closure done?
- Tasks
that comprise contract closure
- Contract
termination
Lessons
Learned
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