course | The Contracts and Project Management Mini MBA

Introduction to Project Management
 

• 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

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?

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

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

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