Code Date City Venue Fees
PM011 06 - 17 Aug 2018 California - USA The Duke Hotel Newport Beach $13,900 Register
PM011 10 - 21 Sep 2018 Amsterdam - The Netherlands Double Tree by Hilton $11,000 Register
PM011 08 - 19 Oct 2018 Miami - USA TBA $13,900 Register
PM011 05 - 16 Nov 2018 Geneva - Switzerland Movenpick Hotel & Casino Geneva $11,000 Register
PM011 26 Nov - 07 Dec 2018 New York - USA Sofitel New York $13,900 Register
PM011 03 - 14 Dec 2018 London - UK Conrad London St. James $11,000 Register
PM011 25 Feb - 08 Mar 2019 London - UK TBA $11,900 Register
PM011 22 Apr - 03 May 2019 London - UK TBA $11,900 Register
PM011 19 - 30 Aug 2019 California - USA TBA $13,900 Register
PM011 09 - 20 Sep 2019 Amsterdam - The Netherlands TBA $11,900 Register
PM011 07 - 18 Oct 2019 Miami - USA TBA $13,900 Register
PM011 04 - 15 Nov 2019 Geneva - Switzerland TBA $11,900 Register
PM011 25 Nov - 06 Dec 2019 New York - USA TBA $13,900 Register
PM011 02 - 13 Dec 2019 London - UK TBA $11,900 Register
TBA* = To be Announced   |  All fees are exclusive of VAT
Home » Seminars » Project Management » The Contracts & Project Management MBA

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 GLOMACS Contracts & Project Management MBA training seminar will make a great contribution to the skill sets of those involved in contracts and projects.

This GLOMACS 2-part training 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 training 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 training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a two-weeks training course.

Objectives

Participants attending this GLOMACS training 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 training 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 GLOMACS training 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, Project Creep?
  • The Business Case – It’s importance and relevance
  • Developing a clear Project Scope and Objectives
  • Leadership in Projects – What does it mean to you?
  • Stakeholder Management – The first stage of risk assessment

DAY 2

Scoping and Laying the Foundations

  • Project Financial Evaluation, how is it done?
  • Project Cash Flow
  • Building the Project Management Team
  • Important Team Dynamics
  • Breaking the Project into its Main Components
  • How to assess Project Risk?
  • Risk Management – ensuring your practice prevention
  • Components of Project Cost

DAY 3

Monitoring and Controlling Projects

  • Developing your Project Plan using a robust planning process
  • Effective Planning and Project Control
  • Tracking you are still delivering the Project – data information
  • Project Scheduling
  • Project Control and Earned Value Management
  • How to Manage Conflict in your Project

DAY 4

Organising for Success and Gaining & Maintaining Commitment

  • Project Communications
  • Meeting Skills
  • Keys in Reducing Tensions
  • The Project Support Office
  • Project Negotiations Tactics
  • What are the key skill areas needed?

DAY 5

Staying Focused, Delivering and Closing Your Project

  • An Introduction to Creative Thinking
  • Formally Closing the Project
  • Lessons Learned and Creating Learning Culture
  • Reducing Waste and Unnecessary Work

 

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

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REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.

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The Contracts &
Project Management MBA

Exploring the Critical Aspects of Contract & Project Management


Upcoming Dates

Code Date Venue Fees
PM011 06 - 17 Aug 2018 California - USA $13,900
PM011 10 - 21 Sep 2018 Amsterdam - The Netherlands $11,000
PM011 08 - 19 Oct 2018 Miami - USA $13,900
PM011 05 - 16 Nov 2018 Geneva - Switzerland $11,000
PM011 26 Nov - 07 Dec 2018 New York - USA $13,900
PM011 03 - 14 Dec 2018 London - UK $11,000
PM011 25 Feb - 08 Mar 2019 London - UK $11,900
PM011 22 Apr - 03 May 2019 London - UK $11,900
PM011 19 - 30 Aug 2019 California - USA $13,900
PM011 09 - 20 Sep 2019 Amsterdam - The Netherlands $11,900
PM011 07 - 18 Oct 2019 Miami - USA $13,900
PM011 04 - 15 Nov 2019 Geneva - Switzerland $11,900
PM011 25 Nov - 06 Dec 2019 New York - USA $13,900
PM011 02 - 13 Dec 2019 London - UK $11,900

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

REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.

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 GLOMACS Contracts & Project Management MBA training seminar will make a great contribution to the skill sets of those involved in contracts and projects.

This GLOMACS 2-part training 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 training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a two-week training course.

Objectives

Participants attending this GLOMACS training 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 training 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 GLOMACS training 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, Project Creep?
  • The Business Case – It’s importance and relevance
  • Developing a clear Project Scope and Objectives
  • Leadership in Projects – What does it mean to you?
  • Stakeholder Management – The first stage of risk assessment

DAY 2

Scoping and Laying the Foundations

  • Project Financial Evaluation, how is it done?
  • Project Cash Flow
  • Building the Project Management Team
  • Important Team Dynamics
  • Breaking the Project into its Main Components
  • How to assess Project Risk?
  • Risk Management – ensuring your practice prevention
  • Components of Project Cost

DAY 3

Monitoring and Controlling Projects

  • Developing your Project Plan using a robust planning process
  • Effective Planning and Project Control
  • Tracking you are still delivering the Project – data information
  • Project Scheduling
  • Project Control and Earned Value Management
  • How to Manage Conflict in your Project

DAY 4

Organising for Success and Gaining & Maintaining Commitment

  • Project Communications
  • Meeting Skills
  • Keys in Reducing Tensions
  • The Project Support Office
  • Project Negotiations Tactics
  • What are the key skill areas needed?

DAY 5

Staying Focused, Delivering and Closing Your Project

  • An Introduction to Creative Thinking
  • Formally Closing the Project
  • Lessons Learned and Creating Learning Culture
  • Reducing Waste and Unnecessary Work

 

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 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.

REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.

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.



© 2018. 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.

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

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