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An Intensive 5 Day Training Course

Effective Project Contracting

Strategy to Implementation

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Code Date Venue Fee($)
CM122 28 Oct - 01 Nov 2018 Dubai - UAE 4,750

*All fees are exclusive of VAT


Why Choose this Training Course? 

Project contracting arrangements play a vital role in the successful execution of the project; identifying and effectively managing the key risk areas can reduce costs and the potential for disputes, thus improving the efficiency of your organisation.

This highly interactive PetroKnowledge training course identifies how your organisation can balance risk through the use of the most appropriate procurement and contracting strategy for your project, and focuses on how best to deal with key liability issues to bring your projects within time and budget. It also features how to monitor and manage performance failures, and provides tools, tips and techniques on effective resolution of disputes to minimise cost and reputational risk exposure to your organisation.

This PetroKnowledge training course will highlight:


Training Objectives click here

What are the Goals? 

At the end of this PetroKnowledge training course, you will learn to:

  • Identify the most appropriate project delivery strategy
  • Assess and manage key contractual risks
  • Recognise the causes of, and how to deal with, change
  • Compare ways of dealing with performance failures
  • Evaluate the most appropriate course of action when disputes arise

Target Audience click here

Who is this Training Course for? 

This PetroKnowledge training course will benefit all levels of personnel involved in any aspect of project procurement and implementation.  It will enable a broad range of disciplines to appreciate and understand effective project contracting.

This course is appropriate to a wide range of professionals but will greatly benefit: 

  • Project and General Management
  • Contracts administrators, managers and claims handlers
  • Procurement and purchasing staff
  • Engineering, operational and maintenance personnel
  • Commercial, financial and insurance professionals

Training Methods click here

How will this Training Course be Presented? 

Participants will gain greater knowledge through presentations by an experienced international practitioner designed to both educate and challenge.  Extensive use will be made of case studies and real examples of contracts and projects. Open and instructive group discussions will also be facilitated encouraging delegates to raise questions, and share their own experiences.

Organisational Impact click here

Projects often require complex contractual arrangements, assessing the issues and how to deal with them can be a daunting task.  Your organisation will benefit by:

  • Expanding traditional procurement options to promote project goals
  • Developing an appreciation of the risks of using different types of contracting strategy
  • Enhancing internal capacity to assess and manage key contractual risks
  • Minimising the time and cost impact of changes and external events
  • Ensuring better monitoring and managing of performance issues
  • Exploring alternative ways of reducing the impact of disputes

Personal Impact click here

Attendees will gain by participation in this training course as a result of:

  • Broadening your knowledge of a variety of project delivery strategies
  • Extending your understanding of key risk areas and their management
  • Improving your knowledge of contract and relationship management
  • Enhancing your ability to deal with changes and external events
  • Developing your knowledge of monitoring and managing performance failures
  • Boosting your confidence in dealing with contractual issues and disputes

Daily Agenda click here

Day One: Selecting Project Delivery Route

  • Key Principles
  • Factors Influencing Selection
  • Key Procurement Strategies and Delivery Routes
  • Procurement Stages
  • Funding and Level of Risk Transfer
  • Forms of Contract

Day Two: Project Procurement Process 

  • Defining Requirements
  • Distinguishing Selection and Award Criteria
  • Pricing Models
  • Cost and Price Analyses
  • Managing Supply Chain Risk
  • Exposure to Bribery and Corruption

Day Three: Key Liability Issues and Managing the Risks  

  • Management of Risk Process
  • Principal Performance Obligations
  • Cost, Pricing and Payment Risk
  • Indemnities and Insurance
  • Selecting the Appropriate Governing Law
  • Contract and Relationship Management

Day Four: Managing Change and Performance Failures

  • Scope Creep
  • External Factors Affecting Performance
  • Performance Standards and Monitoring
  • Re-work, Re-Performance and Damages
  • Using Bonds, Warranties and Guarantees
  • Suspension and Termination

Day Five: Managing Claims and Disputes  

  • Assessing Claims
  • Using the Contract to Manage Disputes
  • Negotiation Tools and Techniques
  • Formal Dispute Resolution
  • Alternative Dispute Resolution Processes

 

Related Courses click here


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Home » Courses » Contracts, Purchasing & Procurement Management » Effective Project Contracting
PetroKnowledge Training


Effective Project Contracting
Strategy to Implementation


Code Date Venue Fees
CM122 28 Oct - 01 Nov 2018 Dubai - UAE $4,750



Why Choose this Training Course? 

Project contracting arrangements play a vital role in the successful execution of the project; identifying and effectively managing the key risk areas can reduce costs and the potential for disputes, thus improving the efficiency of your organisation.

This highly interactive PetroKnowledge training course identifies how your organisation can balance risk through the use of the most appropriate procurement and contracting strategy for your project, and focuses on how best to deal with key liability issues to bring your projects within time and budget. It also features how to monitor and manage performance failures, and provides tools, tips and techniques on effective resolution of disputes to minimise cost and reputational risk exposure to your organisation.

This PetroKnowledge training course will highlight:


Training Objectives

What are the Goals? 

At the end of this PetroKnowledge training course, you will learn to:

Target Audience

Who is this Training Course for? 

This PetroKnowledge training course will benefit all levels of personnel involved in any aspect of project procurement and implementation.  It will enable a broad range of disciplines to appreciate and understand effective project contracting.

This course is appropriate to a wide range of professionals but will greatly benefit: 

Training Methods

How will this Training Course be Presented? 

Participants will gain greater knowledge through presentations by an experienced international practitioner designed to both educate and challenge.  Extensive use will be made of case studies and real examples of contracts and projects. Open and instructive group discussions will also be facilitated encouraging delegates to raise questions, and share their own experiences.

Organisational Impact

Projects often require complex contractual arrangements, assessing the issues and how to deal with them can be a daunting task.  Your organisation will benefit by:

Personal Impact

Attendees will gain by participation in this training course as a result of:

Daily Agenda

Day One: Selecting Project Delivery Route

Day Two: Project Procurement Process 

Day Three: Key Liability Issues and Managing the Risks  

Day Four: Managing Change and Performance Failures

Day Five: Managing Claims and Disputes  

 

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© 2018. Material published by Petroknowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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