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course | Contract Preparation and Management

Looking to excel in contract preparation? Contract Preparation and Management in Abu Dhabi offers applied tools, case studies, and certification.

PMCM-419 | Contract Preparation and Management

Course Sector : Project & Contract Management

Duration
Date from
Date to Course Venue Course fees Book a course
4 Days28/12/202631/12/2026Dubai$4,250 Book now
4 Days14/03/202717/03/2027Riyadh$4,250 Book now
4 Days03/05/202706/05/2027Abu Dhabi$4,250 Book now
4 Days02/08/202705/08/2027London$4,950 Book now

Course Introduction

This training course explores and explains how to apply relevant skills underpinned by contractual knowledge to manage risks, disputes, and opportunities that may arise during the life of a contract to achieve a successful outcome. This highly interactive 4-day course is designed for participants to practice and develop the key facets of advanced contract management skills, all underpinned by the details of the contract.

 

This program is designed to:

 

  • Explore the advanced skills to enhance performance in contract selection, development, and management.
  • Enable participants to practice and develop their contract management skills.
  • Help participants begin the immediate implementation of the steps needed to create maximum total value for their organization

Course objective

  • Identify the basic elements of contracting.
  • Identify and discuss the major steps involved in contracting preparation procedures.
  • Develop the scope of work and recognize the implications of a poorly prepared scope.
  • Discuss the contracting strategy, including pricing.
  • Develop a scope of work negotiation strategy.
  • Use evaluation criteria to select contractors efficiently.
  • Recognize and practice the tendering principles and process.

Course audience

  • Project Manager
  • Business Administrator
  • Marketing Coordinator
  • Account Executive
  • Chief Operating Officer
  • Operations Manager
  • Executive Administrative 
  • Risk Manager
  • Program Manager
  • Business Analyst
  • Quality Control Coordinator
  • Assistant Manager
  • Team Leader
  • Senior Supervisors
  • Researcher
  • Entrepreneur
  • Management Consultant
  • Public Relations Director

Course Outline | Day 01

Introduction to Contract and Contract Preparation

 

  • Importance of Contract
  • Elements of a Contract
  • Types of Contract
  • Essential Components of a Contract
  • Drafting Clear and Concise Contract Terms
  • Key Clauses and Preparations in Contracts
  • Addressing Risks and Liabilities
  • Negotiation and Collaboration in Contract Preparation
  • Review, Approval, and Finalization of Contracts

Course Outline | Day 02

Problems in Preparing and Managing Contracts
 

  • Requirements of an Offer
  • Capacity and Genuine Assent
  • Types of Authority
  • Classical Contract Framework
  • Business Case
  • Acquisition Planning
  • Contracting Methods: Bidding, Negotiation
  • Elements of Scope of Work
  • Decision Analysis Worksheet
  • Implications of a Poor Scope of Work
  • Terms and Conditions
  • Sourcing Strategy
  • Pre Qualification

Course Outline | Day 03

One versus Several Contracts
 

  • Fixed Price (Lump Sum) Contracts
  • Firm fixed contracts
  • Economic price adjustment
  • Incentive contracts
  • Cost Reimbursable (Cost Plus) Contracts
  • Percentage of Cost
  • Fixed Fee
  • Award Fee
  • Incentive Fee
  • Time and Material Contracts
  • Intellectual Properties
  • Special Forms of Contracting
  • Research Development
  • Construction projects
  • Information Technology

Course Outline | Day 04

Negotiation

 

  • Negotiation Preparation
  • Negotiation Objectives
  • Negotiation Guidelines
  • Techniques Used in Negotiation

 

Contract
 

  • Award
  • Evaluation Criteria
  • Pre-Award Meeting
  • Recommendation Report
  • Methods of Awarding a Contract
  • Contract File
  • Post Award Conference
  • Contract Administration
  • Sub Contract Administration
  • Contract Closeout
Course Certificates
BOOST Logo

BOOST’s Professional Attendance Certificate “BPAC”

BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.

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