Managing Contracts

This course provides an overview of all phases of contracting from requirements development to closeout and will show how incentives can be used to improve contract results. This course also explores these vital issues from the managers perspective highlighting key roles and responsibilities to give greater influence over how work is performed. Attendees will discuss actions that can be taken to help ensure that contractors or subcontractors perform as required under the contract.

Course accredited by PMI

Learn how to:

• Identify contract components and understand the process from start to finish
  • Select the right contract type for your project
  • Decipher contract legalese
  • Choose the offer that will result in the best value for the buyer
  • Agree on objectives requirements plans and specifications
  • Negotiate favorable terms and make revisions to the contract
  • Apply rules of contract interpretation in project disputes
  • Administer contracts appropriately and know when and how to terminate before or upon completion

Course Module:

• Award Phase
• Contract Administration
• Developing Contract Pricing Agreements
• Teamwork roles and responsibilities
• Concept and principles of contract law
• Contracting methods
• Preaward phase
• Understanding the contract management process.

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