Contract Preparation and Management

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

• 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.