Contract and supplier management
This course is for project managers and senior project staff with several years experience. They typically will have, or will be about to have, responsibility for or major involvement in, the delivery of projects involving contractors and contracting organisations. They may work closely with account managers and procurement specialists in formulating the terms of engagements and supplier sourcing options. Delegates may be from either supplier or client organisations, or, indeed, those organisations using internal contracting mechanisms.
What are the course objectives?
The course provides the additional disciplines and experiences necessary to successfully run contractual projects. To examine the whole project lifecycle and understand where contracting is appropriate and how it may be developed from project inception to close-out. In particular delegates will gain an understanding of the commercial and contractual issues that often sit awkwardly with the traditional time, cost and quality focus of the project manager, and how they can best work with the legal and procurement functions to ensure project success.
What content is covered?
Managing contracts within projects brings additional elements of management complexity. The project manager has to address two sets of success criteria – the project and the contract. Managing these, particularly when the project environment contains either heavy political influences or multiple supplier concerns, and often considerable regulatory or statutory constraints, requires a level of knowledge that few project managers inherently possess. This course specifically addresses the concerns associated with delivery and implementation of change using contractually based projects. It ensures a sound understanding of the critical need to incorporate contractual requirements at the project’s inception, then to define and agree successful terms of engagement with the other party, establish effective ‘incentive’ schemes and then monitor and manage the contractual relationship to ensure the project can be delivered successfully.
What are the key topics?
- internal and external contracting implications
- defining the requirements sufficiently to contract the work
- contractual vehicles and their effect on the project
- relationship management and the link to contracts
- the procurement lifecycle and best practices based on European Procurement Directive guideline
- the project and contractual lifecycle from strategy to close out
- partitioning the work – the risks and reward syndrome
- contract management, behaviours and success factors
- the communication conundrum – clarity in written and oral interchanges
- contracting language and its true meanings.
What is the course format?
This course is challenging. It is tutor led with case work and exercises to reinforce the learning of the concepts discussed. The discussions follow the project and contract lifecycles utilising illustrative video based examples. The presenters use their extensive contractual management experience to illustrate and put into context the concepts and techniques and ample time is provided for discussions on how best practice may be applied in the delegates own environments.
What is the duration and cost of the course?
This is a three day course.
We are not currently running this course as an open course available to the general public. However, if you have a minimum of 6 colleagues interested in completing this course please get in touch by clicking below and we can discuss in-company costs and availability.
Request a quote for an in-company course
