Name: The Contracts & Project Management MBA Training Course
Rating: 4.7 (1076 reviews)

Exploring the Critical Aspects of Contract & Project Management

Scheduled Dates

Classroom

18 - 29 May 2026

London - UK

$11,900

20 - 31 Jul 2026

Barcelona - Spain

$11,900

17 - 28 Aug 2026

Los Angeles - USA

$15,900

07 - 18 Sep 2026

Amsterdam - The Netherlands

$11,900

05 - 16 Oct 2026

Miami - USA

$15,900

26 Oct - 06 Nov 2026

London - UK

$11,900

02 - 13 Nov 2026

Geneva - Switzerland

$11,900

23 Nov - 04 Dec 2026

New York - USA

$15,900

30 Nov - 11 Dec 2026

London - UK

$11,900

21 Dec - 01 Jan 2027

Paris - France

$11,900

04 - 15 Jan 2027

New York - USA

$15,900

22 Mar - 02 Apr 2027

London - UK

$11,900

24 May - 04 Jun 2027

London - UK

$11,900

19 - 30 Jul 2027

Barcelona - Spain

$11,900

16 - 27 Aug 2027

Los Angeles - USA

$15,900

06 - 17 Sep 2027

Amsterdam - The Netherlands

$11,900

04 - 15 Oct 2027

Miami - USA

$15,900

25 Oct - 05 Nov 2027

London - UK

$11,900

01 - 12 Nov 2027

Geneva - Switzerland

$11,900

22 Nov - 03 Dec 2027

New York - USA

$15,900

29 Nov - 10 Dec 2027

London - UK

$11,900

20 - 31 Dec 2027

Paris - France

$11,900

Online

18 - 29 May 2026

Online

$9,900

24 May - 04 Jun 2027

Online

$9,900

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
Critical contractor selection & contractor negotiations
Identifying and analyzing project and contract risk
Selecting and leading project and contract teams
Setting and Measuring Project and Contractor Performance goals

This training course is split into two modules:

Module I - Mastering Project Management
Module II - Mastering Contracts Management : The Oxford 5-Day MBA

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Modules I, and II back-to-back as a 2-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.

Organisational Impact

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

Personal Impact

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

Daily Agenda

Module I: Mastering Project Management

Day 1: 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 2: Project Planning and Organising

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 3: Implementing, Executing and Controlling Projects

Project Implementation & Resource Management
Developing Project Control Systems
Keeping Projects On-Track & Controlling Change
Project Performance Measurement & Key Performance Indicators
Earned Value Management
Project Progress Measurement from Initiation to Handover

Day 4: Project Risk Management

Risk Management Planning
Risk Identification
Qualitative Risk Analysis
Quantitative Risk Analysis
Risk Response Planning & Implementing
Controlling Project Risks

Day 5: Project Leadership and Stakeholder Management

Understanding Leadership & Management
Working in Project Teams
The Team Development Cycle
Keys to Effective Influence & Persuasion
Improving Communication, Delegation & Motivating Skills
Managing Stakeholders & Stakeholder Expectations

Module II: Mastering Contracts Management : The Oxford 5-Day MBA

Day 6: Good Contracting and Procurement Practice

Elements of a Good Contracting and Procurement Process
Cost and Pricing
Cost Analysis
Allocating Overheads
What is a Fair Profit
Pricing Models

Day 7: Contract Types and Payments

Managing Contract Risk
Contract Risk Sharing Continuum
Implications of Contract Types
Fixed Price and Cost-Reimbursement Contracts
Innovative Contract Types
Economic Price Adjustment Clauses
Invoices and Payments

Day 8: Source Selection and Contract Development

Processes for Source Qualification
Developing Pre-qualification and Tendering Criteria
Rules for Drafting the Contract
Terms & Conditions
Forming the Contract
Use of Performance based Contracting

Day 9: Contract Negotiations

Role of Negotiation
Negotiation —What Is It?
Characteristics of a Good Negotiator
Essential Rules of Negotiation, Part 1 - A Quote is Never a Concrete Number
Essential Rules of Negotiation, Part 2 - The Best Prepared Wins
Essential Rules of Negotiation, Part 3 - Have Many Issues and a BATNA
Negotiation Tactics

Day 10: Contract Administration and Close Out

Post Award Functions - Overview and Responsibilities
Contract Administration Duties
Scope of Work Variations
Force Majeure
Termination
Contract Close-Out

Certificate

On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
On successful completion of this PetroKnowledge training course, Certificate with eligible Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates

Accreditation

In Association With

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Related Categories

Contracts Management Project Management

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CERTIFICATES

A PMI Registered Training Course

The Contracts & Project Management MBA

Exploring the Critical Aspects of Contract & Project Management