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The Contracts & Project Management MBA

The Contracts & Project Management MBA

Code Date Venue Fees
PM011 01 - 12 May 2017 London - United Kingdom $11,000 Register
PM011 07 - 18 Aug 2017 California - USA $13,900 Register
PM011 11 - 22 Sep 2017 Amsterdam - The Netherlands $11,000 Register
PM011 09 - 20 Oct 2017 Miami - USA $13,900 Register
PM011 06 - 17 Nov 2017 Geneva - Switzerland $11,000 Register
PM011 27 Nov - 08 Dec 2017 New York - USA $13,900 Register
PM011 04 - 15 Dec 2017 London - United Kingdom $11,000 Register
PM011 26 Feb - 09 Mar 2018 London - United Kingdom $11,000 Register

Project Management Institute (PMI)® has reviewed and approved GLOMACS as a Global Provider of project management training. This is a PMI Approved/Registered seminar and hence attendance to this seminar will enable those credentialed with PMI to receive applicable PDUs upon updating their status with PMI.

Introduction

World-class organisations understand well the benefits of lower total cost and higher productivity resulting from mastering best practices in the important phases of project and contract management. With a focus on the best practices for processes, methods, and techniques, this training seminar will make a great contribution to the skill sets of those involved in contracts and projects.

This 2 part seminar provides both strategic and practical insights into:

  • Preparing and administration of both the project plan and the contract
  • Critical contractor selection & contractor negotiations
  • Identifying and analyzing project and contract risk
  • Selecting and leading project and contract teams
  • Setting and Measuring Project and Contractor Performance goals

The seminar is split into two modules:

MODULE I - Mastering Project Management

MODULE II - Mastering Contracts Management:
The Oxford 5-Day MBA

Each module is structured and can be taken as a stand-alone course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a two-week seminar.

Objectives

Participants attending the seminar will gain from:

  • Knowing your outcomes before you start a project
  • Dealing with volatile materials pricing
  • Discussing the importance of planning and how to manage the Planning Process
  • Learning about contract types and how they transfer risk
  • Defining and how to take massive action
  • Exploring the various pricing models used in preparing proposals
  • Methods of how to keep the team focused on the delivery goal
  • Developing negotiation skill sets to gain the organisation’s objectives
  • How to set up and operate disciplines required to monitor and control projects
  • Understanding important aspects of contractor price and cost analysis

Training Methodology

Participants will increase their knowledge base and skill sets through a variety of instructional methods including lecture by an experienced practitioner and consultant who has “been there-done that”, individual and group exercises, reviewing published articles, checklists, and group discussions covering current practices and their relationship to the implementation of new concepts.

Attendees are encouraged to present problems for discussion on a confidential basis, and to share their experience of particular issues in their company or industry. A supportive comprehensive seminar manual, in both printed and CD form, enabling practical application and reinforcement is provided. Time will be allowed for general discussions, and for one-to-one discussion with the senior consultant.

Organisational Impact

The organization will benefit by:

  • Having the desired outcomes in commercial transactions
  • Having better trained project and contract personnel leading and guiding the contracting and project process
  • Continuous improvement in the alignment of project results and the organization’s goals
  • Higher productivity of personnel involved in contract and project activities
  • Making projects and contracting a high value added process
  • Improvements in the performance of contractors

Personal Impact

Attendees will gain by participation in this seminar through:

  • Mastering skills in managing project and contract activities
  • Improved negotiation skills
  • Greater ability to develop professionally
  • Increased job satisfaction by becoming more expert
  • Receiving increased recognition by their organization leading toward advancement
  • Greater confidence in leading, planning, and managing the entire project and contract process

Who Should Attend?

  • Project and Contracts Management Professionals
  • Tendering, Purchasing, Contract Administration Professionals and Personnel
  • Engineering, Operational, Finance, and Maintenance Professionals
  • And all others who are involved in project work from simple to complex that cover the acquisition of materials, equipment, construction, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities

SEMINAR OUTLINE

Module I - Mastering Project Management

DAY 1

Introduction to Projects

  • What is a project?
  • Benefits of project management
  • Why some projects fail?
  • The 5 principles of project management
  • Using a project management ‘approach’
  • The business case – it’s importance and relevance
  • Roles in project management
  • Building the project management team

DAY 2

Scoping and Laying the Foundations

  • Developing a clear project scope and objectives
  • Leadership in projects – what does it mean to you?
  • Project paperwork – is it really necessary?
  • Stakeholder management – the first stage of risk assessment
  • Risk management – ensuring you practice prevention
  • Developing your project plan using a robust planning process Stage I

DAY 3

Organising for Success and Gaining & Maintaining Commitment

  • Developing your project plan using a robust planning process Stage II
  • Personal attitudes and human behaviours
  • The keys to effective influence and persuasion
  • Understanding interpersonal project team dynamics
  • Empowerment
  • Effective delegation

DAY 4

Monitoring and Controlling Projects

  • Tracking you are still delivering the project – data information
  • Managing the tensions
  • Further developing your people (soft) skills
  • Lessons learned and creating learning culture
  • Knowledge transfer
  • The Project Support Office

DAY 5

Staying Focused, Delivering and Closing Your Project

  • Decision making for success
  • An introduction to creative thinking
  • Personal time management – the impact on projects
  • Meeting skills
  • Formally closing the project
  • Celebrating success

Module II - Mastering Contracts Management: The Oxford 5-Day MBA

DAY 6

Good Contracting and Procurement Practice

  • Elements of a Good Contracting and Procurement Process
  • Cost and Pricing
  • Cost Analysis
  • Allocating Overheads
  • What is a Fair Profit
  • Pricing Models

DAY 7

Contract Types and Payments

  • Managing risk
  • Contract Risk Sharing Continuum
  • Implications of Contract Types
  • Fixed Price and Cost-Reimbursement Contracts
  • Innovative contract types
  • Economic Price Adjustment Clauses
  • Invoices and Payments
  • Parties to Letter of Credit

DAY 8

Source Selection and Contract Development

  • Processes for Source Qualification
  • Developing Pre-qualification and Tendering Criteria
  • Rules for Drafting the Contract
  • Terms & Conditions
  • Forming the Contract
  • Use of Performance Based Contracting

DAY 9

Contract Negotiations

  • Role of Negotiation
  • Negotiation—What Is It?
  • Characteristics of a Good Negotiator
  • Basic Rules of Negotiation, Part 1-A quote is never a concrete number
  • Basic Rules of Negotiation, Part 2-The best prepared wins
  • Basic Rules of Negotiation, Part 3-Have many issues and a BATNA
  • Negotiation Tactics

DAY 10

Contract Administration and Close Out

  • Post Award Functions - Overview and Responsibilities
  • Contract Administration Duties 
  • Scope of Work Variations
  • Contract Disputes
  • Termination
  • Contract Close-Out

Accreditation

  • Quality Logo
  • Quality Logo

(The PMI Registered Education Provider logo and PMI are registered marks of the Project Management Institute, Inc.)



The Contracts & Project Management MBA


Upcoming Dates

Code Date Venue Fees
PM011 01 - 12 May 2017 London - United Kingdom $11,000
PM011 07 - 18 Aug 2017 California - USA $13,900
PM011 11 - 22 Sep 2017 Amsterdam - The Netherlands $11,000
PM011 09 - 20 Oct 2017 Miami - USA $13,900
PM011 06 - 17 Nov 2017 Geneva - Switzerland $11,000
PM011 27 Nov - 08 Dec 2017 New York - USA $13,900
PM011 04 - 15 Dec 2017 London - United Kingdom $11,000
PM011 26 Feb - 09 Mar 2018 London - United Kingdom $11,000

Project Management Institute (PMI)® has reviewed and approved GLOMACS as a Global Provider of project management training. This is a PMI Approved/Registered seminar and hence attendance to this seminar will enable those credentialed with PMI to receive applicable PDUs upon updating their status with PMI.

Introduction

World-class organisations understand well the benefits of lower total cost and higher productivity resulting from mastering best practices in the important phases of project and contract management. With a focus on the best practices for processes, methods, and techniques, this training seminar will make a great contribution to the skill sets of those involved in contracts and projects.

This 2 part seminar provides both strategic and practical insights into:

  • Preparing and administration of both the project plan and the contract
  • Critical contractor selection & contractor negotiations
  • Identifying and analyzing project and contract risk
  • Selecting and leading project and contract teams
  • Setting and Measuring Project and Contractor Performance goals

The seminar is split into two modules:

MODULE I - Mastering Project Management

MODULE II - Mastering Contracts Management:
The Oxford 5-Day MBA

Each module is structured and can be taken as a stand-alone course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a two-week seminar.

Objectives

Participants attending the seminar will gain from:

  • Knowing your outcomes before you start a project
  • Dealing with volatile materials pricing
  • Discussing the importance of planning and how to manage the Planning Process
  • Learning about contract types and how they transfer risk
  • Defining and how to take massive action
  • Exploring the various pricing models used in preparing proposals
  • Methods of how to keep the team focused on the delivery goal
  • Developing negotiation skill sets to gain the organisation’s objectives
  • How to set up and operate disciplines required to monitor and control projects
  • Understanding important aspects of contractor price and cost analysis

Training Methodology

Participants will increase their knowledge base and skill sets through a variety of instructional methods including lecture by an experienced practitioner and consultant who has “been there-done that”, individual and group exercises, reviewing published articles, checklists, and group discussions covering current practices and their relationship to the implementation of new concepts.

Attendees are encouraged to present problems for discussion on a confidential basis, and to share their experience of particular issues in their company or industry. A supportive comprehensive seminar manual, in both printed and CD form, enabling practical application and reinforcement is provided. Time will be allowed for general discussions, and for one-to-one discussion with the senior consultant.

Organisational Impact

The organization will benefit by:

  • Having the desired outcomes in commercial transactions
  • Having better trained project and contract personnel leading and guiding the contracting and project process
  • Continuous improvement in the alignment of project results and the organization’s goals
  • Higher productivity of personnel involved in contract and project activities
  • Making projects and contracting a high value added process
  • Improvements in the performance of contractors

Personal Impact

Attendees will gain by participation in this seminar through:

  • Mastering skills in managing project and contract activities
  • Improved negotiation skills
  • Greater ability to develop professionally
  • Increased job satisfaction by becoming more expert
  • Receiving increased recognition by their organization leading toward advancement
  • Greater confidence in leading, planning, and managing the entire project and contract process

Who Should Attend?

  • Project and Contracts Management Professionals
  • Tendering, Purchasing, Contract Administration Professionals and Personnel
  • Engineering, Operational, Finance, and Maintenance Professionals
  • And all others who are involved in project work from simple to complex that cover the acquisition of materials, equipment, construction, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities

SEMINAR OUTLINE

Module I - Mastering Project Management

DAY 1

Introduction to Projects

  • What is a project?
  • Benefits of project management
  • Why some projects fail?
  • The 5 principles of project management
  • Using a project management ‘approach’
  • The business case – it’s importance and relevance
  • Roles in project management
  • Building the project management team

DAY 2

Scoping and Laying the Foundations

  • Developing a clear project scope and objectives
  • Leadership in projects – what does it mean to you?
  • Project paperwork – is it really necessary?
  • Stakeholder management – the first stage of risk assessment
  • Risk management – ensuring you practice prevention
  • Developing your project plan using a robust planning process Stage I

DAY 3

Organising for Success and Gaining & Maintaining Commitment

  • Developing your project plan using a robust planning process Stage II
  • Personal attitudes and human behaviours
  • The keys to effective influence and persuasion
  • Understanding interpersonal project team dynamics
  • Empowerment
  • Effective delegation

DAY 4

Monitoring and Controlling Projects

  • Tracking you are still delivering the project – data information
  • Managing the tensions
  • Further developing your people (soft) skills
  • Lessons learned and creating learning culture
  • Knowledge transfer
  • The Project Support Office

DAY 5

Staying Focused, Delivering and Closing Your Project

  • Decision making for success
  • An introduction to creative thinking
  • Personal time management – the impact on projects
  • Meeting skills
  • Formally closing the project
  • Celebrating success

Module II - Mastering Contracts Management: The Oxford 5-Day MBA

DAY 6

Good Contracting and Procurement Practice

  • Elements of a Good Contracting and Procurement Process
  • Cost and Pricing
  • Cost Analysis
  • Allocating Overheads
  • What is a Fair Profit
  • Pricing Models

DAY 7

Contract Types and Payments

  • Managing risk
  • Contract Risk Sharing Continuum
  • Implications of Contract Types
  • Fixed Price and Cost-Reimbursement Contracts
  • Innovative contract types
  • Economic Price Adjustment Clauses
  • Invoices and Payments
  • Parties to Letter of Credit

DAY 8

Source Selection and Contract Development

  • Processes for Source Qualification
  • Developing Pre-qualification and Tendering Criteria
  • Rules for Drafting the Contract
  • Terms & Conditions
  • Forming the Contract
  • Use of Performance Based Contracting

DAY 9

Contract Negotiations

  • Role of Negotiation
  • Negotiation—What Is It?
  • Characteristics of a Good Negotiator
  • Basic Rules of Negotiation, Part 1-A quote is never a concrete number
  • Basic Rules of Negotiation, Part 2-The best prepared wins
  • Basic Rules of Negotiation, Part 3-Have many issues and a BATNA
  • Negotiation Tactics

DAY 10

Contract Administration and Close Out

  • Post Award Functions - Overview and Responsibilities
  • Contract Administration Duties 
  • Scope of Work Variations
  • Contract Disputes
  • Termination
  • Contract Close-Out

Quality Logo

GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA 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.learningmarket.org.

 

All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.

Quality Logo

GLOMACS is proud to be an approved Registered Education Provider (R.E.P.) with PMI. As an R.E.P. GLOMACS is qualified to issue applicable Professional Development Units (PDUs) to participants of any of its PMI registered/approved seminars where one (1) PDU is equivalent to one (1) contact hour of training.

(The PMI Registered Education Provider logo and PMI are registered marks of the Project Management Institute, Inc.)



© 2017. Material published by GLOMACS shown here is copyrighted.
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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