Description
This course addresses three important areas of responsibility for the contract manager: Firstly the key issue of managing contractor performance – a process of measurement against deliverables or KPIs in order to achieve the contract objectives. Secondly the complex areas of contract negotiation and contract drafting – two topics that often go hand in hand. Thirdly the questions about what happens when things go wrong, leading to claims for compensation, damages, and early termination, as well as the disputes that may follow.
The course will wrap with a summary of the key learning points, followed by an action planning exercise with a view to apply the acquired knowledge and skills immediately upon your return to work. Post-course support is also available in relation to the implementation of your action plan, up to six (6) months following course completion.
What you will learn
Managing the Contract to get Results
- Managing contractor performance
- SLAs and KPIs
- Managing stakeholders
- Target Costing and Value engineering
Negotiation and Preparation of Contract Documents
- Contract Negotiation
- Contract Drafting
- Organizing for Contract management
- Simplifying the complex construction contract
Planning and Implementing an Effective Contract Structure
- Contract Remedies for Default
- Managing contract disputes
- Contract termination
- IT Tools to facilitate contract communication
Contracts Excellence – Incoterms® 2020
- Managing a sustainable supply chain
- Local Content and In-country value
- Public Private Partnerships
Course Review
- Summary and recap of key learning objectives
- Action Planning