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course | The Contracts & Project Management MBA

Looking to excel in contracts mba? The Contracts & Project Management MBA in Abu Dhabi offers applied tools, case studies, and certification.

PMCM-432 | The Contracts & Project Management MBA

Course Sector : Project & Contract Management

Duration
Date from
Date to Course Venue Course fees Book a course
5 Days28/12/202601/01/2027Dubai$4,250 Book now
5 Days10/01/202714/01/2027Riyadh$4,250 Book now
5 Days19/04/202723/04/2027Abu Dhabi$4,250 Book now
5 Days30/08/202703/09/2027Los Angeles$5,950 Book now

Course Introduction

World-class organisations 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 training seminar will make a great contribution to the skill sets of those involved in contracts and projects.
 

This training seminar provides both strategic and practical insights into:
 

  • Preparing and administering 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
     

The training seminar 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 1 and 2 back-to-back as a two-week training course.


Course objective

  • 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 for keeping the team focused on the delivery goal
  • Developing negotiation skill sets to achieve the organisation’s objectives
  • How to set up and operate the disciplines required to monitor and control projects
  • Understanding important aspects of contractor price and cost analysis

Course audience

  • Contracts Management Professionals
  • Project Management Professionals
  • Tendering, Purchasing, Contract Administration Professionals and Personnel
  • Engineering, Operational, Finance, and Maintenance Professionals

Course Outline | Day 01

Introduction to Projects
 

  • What is a Project?
  • Benefits of Project Management
  • Why do some Projects fail, Project Creep?
  • The Business Case – Its importance and relevance
  • Developing a clear Project Scope and Objectives
  • Leadership in Projects – What does it mean to you?
  • Stakeholder Management – The first stage of risk assessment
    ​​​​​​​

Scoping and Laying the Foundations
 

  • Project Financial Evaluation: How is it done?
  • Project Cash Flow
  • Building the Project Management Team
  • Important Team Dynamics
  • Breaking the Project into its Main Components
  • How to assess Project Risk?
  • Risk Management – ensuring your practice prevention
  • Components of Project Cost

Course Outline | Day 02

Monitoring and Controlling Projects
 

  • Developing your Project Plan using a robust planning process
  • Effective Planning and Project Control
  • Tracking, you are still delivering the Project data information
  • Project Scheduling
  • Project Control and Earned Value Management
  • How to Manage Conflict in Your Project
     

Organising for Success and Gaining & Maintaining Commitment
 

  • Project Communications
  • Meeting Skills
  • Keys to Reducing Tensions
  • The Project Support Office
  • Project Negotiations Tactics
  • What are the key skill areas needed?

Course Outline | Day 03

Staying Focused, Delivering, and Closing Your Project
 

  • An Introduction to Creative Thinking
  • Formally Closing the Project
  • Lessons Learned and Creating a Learning Culture
  • Reducing Waste and Unnecessary Work
     

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

  • 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

Course Outline | Day 04

Contract Types and Payments
 

  • Managing 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
  • Parties to the Letter of Credit
     

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

Course Outline | Day 05

Contract Negotiations
 

  • Role of Negotiation
  • Negotiation—What Is It?
  • Characteristics of a Good Negotiator
  • Basic Rules of Negotiation, Part 1 - A Quote is never a concrete number
  • Basic Rules of Negotiation, Part 2 - The Best Prepared Wins
  • Basic Rules of Negotiation, Part 3 - Have many issues and a BATNA
  • Negotiation Tactics
     

Contract Administration and Close Out
​​​​​​​

  • Post Award Functions - Overview and Responsibilities
  • Contract Administration Duties 
  • Scope of Work Variations
  • Contract Disputes
  • Termination
  • Contract Close-Out
Course Certificates
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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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