An Intensive 5-day Training Course
Advanced Contract Management
Maximising Contract Effectiveness
Scheduled Dates
Classroom
| 30 Dec 2024 - 03 Jan 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 10 - 14 Feb 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 26 - 30 May 2025 | New York - USA | $6,950 | RESERVE A SEAT |
| 28 Jul - 01 Aug 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 13 - 17 Oct 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 03 - 07 Nov 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 01 - 05 Dec 2025 | Barcelona - Spain | $5,950 | RESERVE A SEAT |
| 29 Dec 2025 - 02 Jan 2026 | London - UK | $5,950 | RESERVE A SEAT |
Online
| 24 - 28 Feb 2025 | Online | $3,950 | RESERVE A SEAT |
| 13 - 17 Oct 2025 | Online | $3,950 | RESERVE A SEAT |
Are the scheduled dates matching with your needs?
We provide a wider range of training options. Tailored and customized, we can deliver your organisation’s training needs anytime, anywhere.
Why Choose this Training Course?
This Advanced Contract Management training course will help you to develop the advanced skills required to get the best out of your project contracts. Organisations frequently use contracts to implement project activities or work packages. Unless managed well, this can be source of risk and loss for the organisaiton. This training course will cover the skills required to maximise the value that is returned from these critical commercial relationships.You may have experience in managing projects, contracts, or both. This training course will build on that knowledge in an easily understandable way so that you expand your capability and effectiveness. More importantly, it will give you some practical tools and techniques that you can apply, which will give a tangible increase in the benefit that you will gain from this training course.
This PetroKnowledge training course will highlight:
- The key stages in managing contracts and the critical skills required
- The crucial interface between project and contract management
- The importance of post-award contract management
- How to maximise value and benefit
What are the Goals?
This training course will equip you with all of the knowledge that you need to be effective when managing projects in a contractual environment.
At the end of this Advanced Contract Management training course, you will understand:
- Methods for improving contract performance
- How to deal with common issues including slippage, scope creep and cost growth
- Ways to handle claims and disputes successfully
- The steps needed to prepare for post award contract management
- How to manage risk and change
- Key “soft” skills to help you solve problems and get the best out of people
Who is this Training Course for?
Implementing project activities through contracts is common place, and will touch a range of people working in project management and related disciplines. It is suitable to a wide range of professionals but will greatly benefit:
- Contract Holders
- Contract & Procurement Team Members
- Project Managers
- Project Team Members
- Project Management Office (PMO) Staff
- Assurance and Quality Management Staff
How will this Training Course be Presented?
The training course is full of practical techniques and examples, intended to enhance knowledge and give practical benefit. The worked examples, case studies and team exercises will make applying the knowledge gained much easier. Often, helpful insight can be gained from discussion with other delegates, and the course delivery style will provide opportunities to do this.
Organisational Impact
By sending delegates on this Advanced Contract Management training course, organisations will maximise their gain from the contracts awarded in their projects, and reduce the risk of poor performance, financial loss, reduced value and reputational damage. The organisation will also gain:
- Increased capability and competence in managing its contracts
- Greater benefit and returned value from the contracts it places
Personal Impact
Delegates who attend this Advanced Contract Management training course will learn how to ensure that contracts deliver the results required, that the relationship between contract parties remains good and that difficulties and adverse events can be overcome. Importantly, they will learn how to:
- Manage risk and change in contracts
- Maximise team performance and get the best out of everyone involved
Daily Agenda
Day One : Introduction and Review of Basic Principles
- Why contract management?
- Benefits of doing it right and problems with doing it wrong
- Overview of overall contracts & procurement cycle
- Relationship to project management
- Developing effective procurement strategies
- Common contract types – pros, cons, and risks
- Key roles and responsibilities
Day Two : Post Award Management
- Preparation for contract post award phase
- Handover from contract award
- Process overview, including inputs and outputs
- Initiation stage
- Planning stage
- Delivery stage
- Change management
- Risk management
Day Three : Contract Closeout
- Closeout process overview, including inputs and outputs
- Contract closure
- Handover and transition
- Operations and support
- Handling premature close
Day Four : Key Management Skills
- Relationship and stakeholder management
- Communication
- Performance management
- Negotiation
- Conflict management
- Leadership
- Documentation and record keeping
Day Five : Encountering and Solving Problems
- Common issues and risks, and how to deal with them
- Disputes
- Claims
- Completion, sign off and payment problems
- Recap of material
- Reference Material
- Things you can do when you return to your desk
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
