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Why Choose this Training Course?
World-class organizations understand well the benefits of lower total cost and higher productivity resulting from mastering best practices in the important phases of project and contract management. With a focus on the best practices for processes, methods, and techniques, this Contracts & Project Management MBA will make a great contribution to the skill sets of those involved in contracts and projects.
This PetroKnowledge MBA provides both strategic and practical insights into:
Preparing and administration of both the project plan and the contract
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a two-week training course.
What are the Goals?
Participants attending this MBA will gain from:
Knowing your outcomes before you start a project
Dealing with volatile materials pricing
Discussing the importance of planning and how to manage the Planning Process
Learning about contract types and how they transfer risk
Defining and how to take massive action
Exploring the various pricing models used in preparing proposals
Methods of how to keep the team focused on the delivery goal
Developing negotiation skill sets to gain the organizations objectives
How to set up and operate disciplines required to monitor and control projects?
Understanding important aspects of contractor price and cost analysis
Who is this Training Course for?
Contracts Management Professionals
Project Management Professionals
Tendering, Purchasing, Contract Administration Professionals and Personnel
Engineering, Operational, Finance, and Maintenance Professionals
And all others who are involved in project work from simple to complex that cover the acquisition of materials, equipment, construction, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities
How will this Training Course be Presented?
Participants will increase their knowledge base and skill sets through a variety of instructional methods including lecture by an experienced practitioner and consultant who has “been there-done that”, individual and group exercises, reviewing published articles, checklists, and group discussions covering current practices and their relationship to the implementation of new concepts.
Attendees are encouraged to present problems for discussion on a confidential basis, and to share their experience of particular issues in their company or industry. A supportive comprehensive training seminar manual, in both printed and CD form, enabling practical application and reinforcement is provided. Time will be allowed for general discussions, and for one-to-one discussion with the senior consultant.
The organization will benefit by:
Having the desired outcomes in commercial transactions
Having better trained project and contract personnel leading and guiding the contracting and project process
Continuous improvement in the alignment of project results and the organization’s goals
Higher productivity of personnel involved in contract and project activities
Making projects and contracting a high value added process
Improvements in the performance of contractors
Attendees will gain by participation in this The Contracts & Project Management MBA training course through:
Mastering skills in managing project and contract activities
Improved negotiation skills
Greater ability to develop professionally
Increased job satisfaction by becoming more expert
Receiving increased recognition by their organization leading toward advancement
Greater confidence in leading, planning, and managing the entire project and contract process
Module I - Mastering Project Management
Day One: The Fundamentals of Project Management
Key Definitions in Project Management
The Project Life-Cycle
Project Complexity Factors
Project Strategizing and Managing the Triple Constraint
Project Context & Environment
Key Financial Concepts
Day Two: Project Planning and Organizing
The 20 Project Management Sequence Steps
Defining Project Scope and Developing Work & Cost Breakdown Structures
Project Management Roles & Responsibilities
Project Planning Inputs, Tools & Techniques
Project Estimating Techniques
Project Scheduling Methods
Day Three: Implementing, Executing and Controlling Projects