Course description
Project Contract Management Skills: In-House Training
Contracts are a critical part of most large or strategic projects/programs. As such, it is imperative that Project and Program Managers be well versed on basic implications of a contract as well as best practices in contract management. While not as critical a need, anyone involved in projects that involve external relationships should have a healthy appreciation for the power of good contract management.
The overall goal of the course is to provide knowledge to manage complex contracts in a global environment.
Upcoming start dates
Outcome / Qualification etc.
What You Will Learn
After this program, you will be able to:
- Explain overall project procurement process from a buyer and seller perspective
- Recognize the importance of key contractual terms and how they affect projects
- Evaluate and contribute to the pre-contract documents and processes
- Identify and mitigate common pitfalls throughout the procurement process
- Utilize techniques to administer contracts
Training Course Content
Getting Started
- Introductions
- Course structure
- Course goals and objectives
Foundation Concepts
- The Importance of Contract Management
- Terms and Definitions
- Contract Management Process
- Legal Systems
- Codes of Conduct
Planning
- Business Analysis
- Procurement Management Plan
- Procurement Statement of Work (SOW)
- Common Pitfalls
Solicit Contract
- Market Analysis
- Bid documents
- Sellers’ Proposals
- Pitfalls
Execute Contract
- Evaluate and Award Contract
- Negotiate Contract
- Execute Contract
- Common Pitfalls
Deliver the Contract
- Preparing to Deliver
- Project Plan
- Risk Management
- Common Pitfalls
Administer Contract
- Enabling Contract Management
- Contract Performance Monitoring and Control
- Change Management
- Financial Management / Payment
- Dispute Management & Resolution
- Contract Completion and Closure
Why choose IIL Europe
2,000,000+ people trained by IIL
50,000 annual online conference visitors
2,000+ companies have chosen to partner with IIL as their Learning Partner
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IIL Global
At IIL, our fundamental values of Intelligence, Integrity, and Innovation guide our actions and achievements with each customer, partner, and colleague. Our deepest purpose is to foster the growth and success of individuals, teams, and organizations through enduring relationships and...