This RECTUS Advanced Contract Management training course will highlight:

• The key stages in managing contracts and the critical skills required
• The crucial interface between project and contract management
• The importance of post-award contract management

How to maximize value and benefit

This training course will equip you with all of the knowledge that you need to be effective when managing projects in a contractual environment.

At the end of this Advanced Contract Management training course, you will understand:

• Methods for improving contract performance
• How to deal with common issues including slippage, scope creep and cost growth
• Ways to handle claims and disputes successfully

• The steps needed to prepare for post award contract management
• How to manage risk and change
• Key “soft” skills to help you solve problems and get the best out of people

Implementing project activities through contracts is common place, and will touch a range of people working in project management and related disciplines. It is suitable to a wide range of professionals but will greatly benefit:

• Contract holders
• Contract & procurement team members
• Project managers
• Project team members
• Project Management Office (PMO) staff
• Assurance and quality management staff

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include:
• Lectures
• Workshop & Work Presentation
• Case Studies and Practical Exercise
• Videos and General Discussions

Day 1

Introduction and Review of Basic Principles

• Why contract management?
• Benefits of doing it right and problems with doing it wrong
• Overview of overall contracts & procurement cycle
• Relationship to project management
• Developing effective procurement strategies
• Common contract types – pros, cons, and risks
• Key roles and responsibilities

Day 2

Post Award Management

• Preparation for contract post award phase
• Handover from contract award
• Process overview, including inputs and outputs
• Initiation stage
• Planning stage
• Delivery stage
• Change management
• Risk management

Day 3

Contract Closeout

• Closeout process overview, including inputs and outputs
• Contract closure
• Handover and transition
• Operations and support
• Handling premature close

Day 4

Key Management Skills

• Relationship and stakeholder management
• Communication
• Performance management
• Negotiation
• Conflict management
• Leadership
• Documentation and record keeping 

Day 5

Encountering and Solving Problems

• Common issues and risks, and how to deal with them
• Disputes
• Claims
• Completion, sign off and payment problems
• Recap of material
• Reference Material
• Things you can do when you return to your desk

A RECTUS attendance certificate will be awarded to all participants who complete at least 80% of the total course duration.