RDC 005 – Contract Management

Teachers

Mr Harjono Zainal

Category:

In-House Programs / Logistic & Quality / Reports/Document/Contract /

Price

Duration: 2 Days

Lectures: InHouse

Certificate of Completion

Introduction

This is a basic course on Contracts Management for the Port Industry based on Project Management Methodology. In Project Management terminology “Contracts” comes under “Procurement”, one of nine essential Knowledge Areas critical to successful management of projects. Knowledge is overlaid with five key “Processes” or ways of doing work i.e. Initiate – Plan – Control – Execute – Close. It is in this manner of learning – understanding and working with Contracts that will make the individual executive/manager effective in the accomplishment of his roles and duties within an organization especially in a Port Industry environment.

Objectives

Project managers, contract managers and other professionals involved in the world of contracts must be able to work effectively together and with customers, contractors and subcontractors to accomplish key organizational objectives. Because contracts are developed in an increasingly complex environment, including the rising use of contracted supplies and services throughout government and industry, a solid understanding of the contracting process is critical and can give you an advantage whether you are on the buyer’s or seller’s side. Get an overview of all phases of contracting, from requirements development to closeout. See how incentives can be used to improve contract results.

This course explores these vital issues from the manager’s perspective, highlighting key roles and responsibilities to give you greater influence over how work is performed. You’ll also discuss actions that can be taken to help ensure that contractors or subcontractors perform as required under the contract. Lectures are combined with case studies, exercise and negotiation role-playing to maximize the learning experience . Effective contract negotiation and administration can ensure project success, speed performance, and reduce risks and costs along the way. Discover the keys to contracting from your perspective in this practical course.

Learning Outcomes

Identify contract components and understand the process from start to finish Select the right contract type for your project Decipher contract legalese Choose the offer that will result in the best value for the buyer Agree on objectives, requirements, plans and specifications Negotiate favorable terms and make revisions to the contract Apply rules of contract interpretation in project disputes Administer contracts appropriately, and know when and how to terminate before or upon completion This is a practical course which utilises a Case Study and the participants own situation to give a practical understanding to the theory covered.

CURRICULUM

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Day One

Module 1: Understanding the Contract Management Process

Seminar

Contract management definition Buyer, seller, and subcontractor terms Description and uses of contracts The buyer and seller objectives Contract management and PMBOK® Guide

Module 2: Teamwork-Role and Responsibilities

Seminar

Concepts of agency
Types of authority
Contract privacy

Module 3: Global Contracting Concepts and Principles

Practice

Definition of a contract
Elements of a contract: offer, acceptance, competent parties, consideration, legality of purpose
Terms and conditions
Interpreting contract provision