Contract Administration - An Intensive Workshop

Course content

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Why Attend
 
The overall aim of this course is to provide participants with the knowledge, concepts, skills and tools necessary to manage and administer contracts post award. Participants in this interactive course will learn all the processes and activities required to implement contractual obligations. The course will also cover contract administration best practices.
 
Course Methodology
 
This course relies on the use of individual and group exercises aimed at helping participants learn all the tools and techniques used during contract implementation. The course also features the use of a number of case studies and role plays by participants followed by plenary discussions.
 
Course Objectives
 
By the end of the course, participants will be able to:
 
Identify the major steps involved in contract preparation procedures including developing an effective scope of work
Outline the major activities and steps of contract administration
Identify administration tools that are used during the implementation as well as the role of the contract administrator
Create a system to evaluate contractors and determine their strengths and weaknesses
Explain the different types of variation orders, claims and damages
 
Target Audience
 
All those involved in any aspect of implementing, managing or administering contracts; also those involved in any step of contract preparation and award in order for them to realize the importance of a well prepared contract.
 
Target Competencies
 
Contract Preparation
Contract administration
Change management
Managing contractors
Claims and disputes
Dispute resolution
 
 
Course Outline
 
Principles of contract
 
Objectives of contract management
Elements of a contract
Classical contract framework
Problems in preparing and managing contracts
Competencies of contract administrators
 
Contract preparation
 
Contracting methods; bidding, negotiation
Drafting of scope of work
Decision analysis worksheet
Implications of poor scope of work
Terms and conditions
Determining sourcing strategy
Types of contracts:
Fixed price contracts
Cost reimbursable contracts
Time and material contracts
 
Contract administration tools
 
Key principle
Contract provisions affecting implementation
Tools and techniques for contract administration
Dissection technique
Issues and risks logs
Records management system
Contract change control system
Roles and responsibilities
Performance reporting
Developing schedule plans
Risk management plans
Lessons learned
 
Contractor evaluation
 
Evaluating contractor’s performance
Contractor's ratings
Key performance indicators
Targets and benchmarks
 
Claims and disputes
 
Changes and variation orders
Claims and disputes
Breach of contract
Money damages
Equitable remedies
Alternative dispute resolution (mediation and arbitration)



United Kingdom

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Hatton Garden
EC1N 8LE
London
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info@informatech.co.uk
07:30 – 19:00
Monday to Friday

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Haarlem , 2031BP
+31-20-2202118
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Georgia

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Building 7, Apt. N22
+995 706 070161
info@informatech.co.uk
07:30 – 19:00
Monday to Friday