IMCPM05 Contracts Management

IMCPM05
Duration: 2 days
PDUs: 16

What is Contracts Management?

The Contracts Management course will explore the procurement process, the structure of contracts and options available, the relationship between the parties, interpretation of the contract clauses and requirements and best practice in contracts management and administration.
The course is based on the AS4000 suite of contracts (for Australian clients) or the FIDIC suite of contracts (for European, Asian and Middle East clients) subject to the client’s preference.

Audience

Project Managers
Contract Managers
Contract Administrators
Procurement Professionals
Project Coordinators
Project Engineers
Owner’s design team
Contractor’s design team

Prerequisites

It is expected that students participating in this course already have some knowledge and experience in the application of project management principles

Modules

Get an overview of all phases of contracting
Contract essential elements
Contract performance and non-performance
Procurement
Tendering
The process of transformation and motivation theories
Negotiation and influencing strategies
Contracts management and administration

Course Objectives

The course will provide participants with practical applications and reflect “real life” contract management particularly the challenges and potential problems encountered on a day to day basis.
Understand the contract management and administration processes
Understand the obligations of the parties
Understand the deliverables under the contract and the required processes
Understand the differences in responsibilities and processes, for designers working for both the Owner and Contractor
Gain practical knowledge in pre-award phase, award phase and contract administration