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A PROJECT MANAGEMENT INSTITUTE, INC. (PMI)® APPROVED TRAINING COURSE


THE CONTRACTS &
PROJECT MANAGEMENT MBA


EXPLORING THE CRITICAL ASPECTS OF CONTRACT &
PROJECT MANAGEMENT

 * 

Schedules Introduction Objectives Training Methodology Organisational Impact
Personal Impact Who Should Attend? Outline
Home / Contracts Management / CourseThe Contracts & Project Management MBA

Course Schedule

Date Venue Fees 14 - 25 Aug 2023 Los Angeles - USA $13,900 04 - 15 Sep 2023
Amsterdam - The Netherlands $11,900 02 - 13 Oct 2023 Miami - USA $13,900 30 Oct
- 10 Nov 2023 Geneva - Switzerland $11,900 13 - 24 Nov 2023 Amsterdam - The
Netherlands $11,900 20 Nov - 01 Dec 2023 New York - USA $13,900 27 Nov - 08 Dec
2023 London - UK $11,900 19 Feb - 01 Mar 2024 London - UK $11,900 13 - 24 May
2024 London - UK $11,900 12 - 23 Aug 2024 Los Angeles - USA $13,900 02 - 13 Sep
2024 Amsterdam - The Netherlands $11,900 30 Sep - 11 Oct 2024 Miami - USA
$13,900 28 Oct - 08 Nov 2024 Geneva - Switzerland $11,900 18 - 29 Nov 2024 New
York - USA $13,900 25 Nov - 06 Dec 2024 London - UK $11,900

Register Now Also Available in Online Format

Course Description


INTRODUCTION

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

This GLOMACS MBA provides both strategic and practical insights into:

 * Preparing and administration of 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


MODULES

This training course 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 Module 1 and 2
back-to-back as a 2-week training course.


OBJECTIVES

Participants attending this MBA will gain from:

 * 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 of how to keep the team focused on the delivery goal
 * Developing negotiation skill sets to gain the organizations objectives
 * How to set up and operate disciplines required to monitor and control
   projects?
 * Understanding important aspects of contractor price and cost analysis


TRAINING METHODOLOGY

Participants will increase their knowledge base and skill sets through a variety
of instructional methods including lecture by an experienced practitioner and
consultant who has “been there-done that”, individual and group exercises,
reviewing published articles, checklists, and group discussions covering current
practices and their relationship to the implementation of new concepts.

Attendees are encouraged to present problems for discussion on a confidential
basis, and to share their experience of particular issues in their company or
industry. A supportive comprehensive training seminar manual, in both printed
and CD form, enabling practical application and reinforcement is provided. Time
will be allowed for general discussions, and for one-to-one discussion with the
senior consultant.


ORGANISATIONAL IMPACT

The organization will benefit by:

 * Having the desired outcomes in commercial transactions
 * Having better trained project and contract personnel leading and guiding the
   contracting and project process
 * Continuous improvement in the alignment of project results and the
   organization’s goals
 * Higher productivity of personnel involved in contract and project activities
 * Making projects and contracting a high value added process
 * Improvements in the performance of contractors


PERSONAL IMPACT

Attendees will gain by participation in this The Contracts & Project Management
MBA training course through:

 * Mastering skills in managing project and contract activities
 * Improved negotiation skills
 * Greater ability to develop professionally
 * Increased job satisfaction by becoming more expert
 * Receiving increased recognition by their organization leading toward
   advancement
 * Greater confidence in leading, planning, and managing the entire project and
   contract process


WHO SHOULD ATTEND?

 * Contracts Management Professionals
 * Project Management Professionals
 * Tendering, Purchasing, Contract Administration Professionals and Personnel
 * Engineering, Operational, Finance, and Maintenance Professionals
 * And all others who are involved in project work from simple to complex that
   cover the acquisition of materials, equipment, construction, and services and
   who are in organizations whose leadership want high levels of competency in
   those involved in these activities



Course Outline

Module I - Mastering Project Management


DAY 1

THE FUNDAMENTALS OF PROJECT MANAGEMENT

 * Key Definitions in Project Management
 * The Project Life-Cycle
 * Project Complexity Factors
 * Project Strategizing and Managing the Triple Constraint
 * Project Context & Environment
 * Key Financial Concepts


DAY 2

PROJECT PLANNING AND ORGANIZING

 * The 20 Project Management Sequence Steps
 * Defining Project Scope and Developing Work & Cost Breakdown Structures
 * Project Management Roles & Responsibilities
 * Project Planning Inputs, Tools & Techniques
 * Project Estimating Techniques
 * Project Scheduling Methods


DAY 3

IMPLEMENTING, EXECUTING AND CONTROLLING PROJECTS

 * Project Implementation & Resource Management
 * Developing Project Control Systems
 * Keeping Projects On-Track & Controlling Change
 * Project Performance Measurement & Key Performance Indicators
 * Earned Value Management
 * Project Progress Measurement from Initiation to Handover


DAY 4

PROJECT RISK MANAGEMENT

 * Risk Management Planning
 * Risk Identification
 * Qualitative Risk Analysis
 * Quantitative Risk Analysis
 * Risk Response Planning & Implementing
 * Controlling Project Risks


DAY 5

PROJECT LEADERSHIP AND STAKEHOLDER MANAGEMENT

 * Understanding Leadership & Management
 * Working in Project Teams
 * The Team Development Cycle
 * Keys to Effective Influence & Persuasion
 * Improving Communication, Delegation & Motivating Skills
 * Managing Stakeholders & Stakeholder Expectations

 

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


DAY 6

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


DAY 7

CONTRACT TYPES AND PAYMENTS

 * Managing Contract 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


DAY 8

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


DAY 9

CONTRACT NEGOTIATIONS

 * Role of Negotiation
 * Negotiation — What Is It?
 * Characteristics of a Good Negotiator
 * Essential Rules of Negotiation, Part 1 - A Quote is Never a Concrete Number
 * Essential Rules of Negotiation, Part 2 - The Best Prepared Wins
 * Essential Rules of Negotiation, Part 3 - Have Many Issues and a BATNA
 * Negotiation Tactics 


DAY 10

CONTRACT ADMINISTRATION AND CLOSE OUT

 * Post Award Functions - Overview and Responsibilities
 * Contract Administration Duties
 *  Scope of Work Variations
 * Force Majeure
 * Termination
 * Contract Close-Out


Certificates
 * On successful completion of this training course, GLOMACS Certificate with
   eligible Continuing Professional Education credits (CPE) from National
   Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact
   Hours from Project Management Institute (PMI®), will be awarded to the
   delegates


Providers and Associations


ENDORSED EDUCATION PROVIDER

 * 
 * 

A PMI registered mark

GLOMACS is registered with the National Association of State Boards of
Accountancy (NASBA) as a sponsor of continuing professional education on the
National Registry of CPE Sponsors. State boards of accountancy have final
authority on the acceptance of individual courses for CPE credit. Complaints
regarding registered sponsors may be submitted to the National Registry of CPE
Sponsors through its website: www.NASBARegistry.org


IN ASSOCIATION WITH

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best
training services and benefits to our valued clients.

Visit website

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services
and benefits for our valued clients

Visit website

The Energy Training Centre

Our collaboration with Energy Training Centre aims to provide the best training
services and benefits for our valued clients

Visit website

KC Academy

Our collaboration with KC Academy aims to provide the best training services and
benefits for our valued clients

Visit website



Options & Brochure
Available in Online Format   
Register for the Course
Enquire about the Course
Run this Course In-House
Send to a Colleague
Print this Page
Download PDF


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 * 1
 * 2

--------------------------------------------------------------------------------


A PROJECT MANAGEMENT INSTITUTE, INC. (PMI)® APPROVED TRAINING COURSE
THE CONTRACTS &
PROJECT MANAGEMENT MBA


EXPLORING THE CRITICAL ASPECTS OF CONTRACT &
PROJECT MANAGEMENT


--------------------------------------------------------------------------------


UPCOMING DATES

Code Date Venue Fees CM039 14 - 25 Aug 2023 Los Angeles - USA $13,900 CM039 04 -
15 Sep 2023 Amsterdam - The Netherlands $11,900 CM039 02 - 13 Oct 2023 Miami -
USA $13,900 CM039 30 Oct - 10 Nov 2023 Geneva - Switzerland $11,900 CM039 13 -
24 Nov 2023 Amsterdam - The Netherlands $11,900 CM039 20 Nov - 01 Dec 2023 New
York - USA $13,900 CM039 27 Nov - 08 Dec 2023 London - UK $11,900 CM039 19 Feb -
01 Mar 2024 London - UK $11,900 CM039 13 - 24 May 2024 London - UK $11,900 CM039
12 - 23 Aug 2024 Los Angeles - USA $13,900 CM039 02 - 13 Sep 2024 Amsterdam -
The Netherlands $11,900 CM039 30 Sep - 11 Oct 2024 Miami - USA $13,900 CM039 28
Oct - 08 Nov 2024 Geneva - Switzerland $11,900 CM039 18 - 29 Nov 2024 New York -
USA $13,900 CM039 25 Nov - 06 Dec 2024 London - UK $11,900

--------------------------------------------------------------------------------


INTRODUCTION

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

This GLOMACS MBA provides both strategic and practical insights into:

 * Preparing and administration of 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 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 Module 1 and 2
back-to-back as a two-week training course.


OBJECTIVES

Participants attending this MBA will gain from:

 * 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 of how to keep the team focused on the delivery goal
 * Developing negotiation skill sets to gain the organizations objectives
 * How to set up and operate disciplines required to monitor and control
   projects?
 * Understanding important aspects of contractor price and cost analysis


TRAINING METHODOLOGY

Participants will increase their knowledge base and skill sets through a variety
of instructional methods including lecture by an experienced practitioner and
consultant who has “been there-done that”, individual and group exercises,
reviewing published articles, checklists, and group discussions covering current
practices and their relationship to the implementation of new concepts.

Attendees are encouraged to present problems for discussion on a confidential
basis, and to share their experience of particular issues in their company or
industry. A supportive comprehensive training seminar manual, in both printed
and CD form, enabling practical application and reinforcement is provided. Time
will be allowed for general discussions, and for one-to-one discussion with the
senior consultant.


ORGANISATIONAL IMPACT

The organization will benefit by:

 * Having the desired outcomes in commercial transactions
 * Having better trained project and contract personnel leading and guiding the
   contracting and project process
 * Continuous improvement in the alignment of project results and the
   organization’s goals
 * Higher productivity of personnel involved in contract and project activities
 * Making projects and contracting a high value added process
 * Improvements in the performance of contractors


PERSONAL IMPACT

Attendees will gain by participation in this The Contracts & Project Management
MBA training course through:

 * Mastering skills in managing project and contract activities
 * Improved negotiation skills
 * Greater ability to develop professionally
 * Increased job satisfaction by becoming more expert
 * Receiving increased recognition by their organization leading toward
   advancement
 * Greater confidence in leading, planning, and managing the entire project and
   contract process


WHO SHOULD ATTEND?

 * Contracts Management Professionals
 * Project Management Professionals
 * Tendering, Purchasing, Contract Administration Professionals and Personnel
 * Engineering, Operational, Finance, and Maintenance Professionals
 * And all others who are involved in project work from simple to complex that
   cover the acquisition of materials, equipment, construction, and services and
   who are in organizations whose leadership want high levels of competency in
   those involved in these activities


SEMINAR OUTLINE

Module I - Mastering Project Management


DAY 1

THE FUNDAMENTALS OF PROJECT MANAGEMENT

 * Key Definitions in Project Management
 * The Project Life-Cycle
 * Project Complexity Factors
 * Project Strategizing and Managing the Triple Constraint
 * Project Context & Environment
 * Key Financial Concepts


DAY 2

PROJECT PLANNING AND ORGANIZING

 * The 20 Project Management Sequence Steps
 * Defining Project Scope and Developing Work & Cost Breakdown Structures
 * Project Management Roles & Responsibilities
 * Project Planning Inputs, Tools & Techniques
 * Project Estimating Techniques
 * Project Scheduling Methods


DAY 3

IMPLEMENTING, EXECUTING AND CONTROLLING PROJECTS

 * Project Implementation & Resource Management
 * Developing Project Control Systems
 * Keeping Projects On-Track & Controlling Change
 * Project Performance Measurement & Key Performance Indicators
 * Earned Value Management
 * Project Progress Measurement from Initiation to Handover


DAY 4

PROJECT RISK MANAGEMENT

 * Risk Management Planning
 * Risk Identification
 * Qualitative Risk Analysis
 * Quantitative Risk Analysis
 * Risk Response Planning & Implementing
 * Controlling Project Risks


DAY 5

PROJECT LEADERSHIP AND STAKEHOLDER MANAGEMENT

 * Understanding Leadership & Management
 * Working in Project Teams
 * The Team Development Cycle
 * Keys to Effective Influence & Persuasion
 * Improving Communication, Delegation & Motivating Skills
 * Managing Stakeholders & Stakeholder Expectations

 

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


DAY 6

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


DAY 7

CONTRACT TYPES AND PAYMENTS

 * Managing Contract 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


DAY 8

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


DAY 9

CONTRACT NEGOTIATIONS

 * Role of Negotiation
 * Negotiation — What Is It?
 * Characteristics of a Good Negotiator
 * Essential Rules of Negotiation, Part 1 - A Quote is Never a Concrete Number
 * Essential Rules of Negotiation, Part 2 - The Best Prepared Wins
 * Essential Rules of Negotiation, Part 3 - Have Many Issues and a BATNA
 * Negotiation Tactics 


DAY 10

CONTRACT ADMINISTRATION AND CLOSE OUT

 * Post Award Functions - Overview and Responsibilities
 * Contract Administration Duties
 *  Scope of Work Variations
 * Force Majeure
 * Termination
 * Contract Close-Out







IN ASSOCIATION WITH

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best
training services and benefits to our valued clients.

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services
and benefits for our valued clients

The Energy Training Centre

Our collaboration with Energy Training Centre aims to provide the best training
services and benefits for our valued clients

KC Academy

Our collaboration with KC Academy aims to provide the best training services and
benefits for our valued clients



© 2023. Material published by GLOMACS shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination,
downloading, storing (in any medium), transmission, reproduction or reliance in
whole or any part of this course outline is prohibited and will constitute an
infringement of copyright.


P.O. Box 74653, Dubai, United Arab Emirates
Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.com

Send to Colleague

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All rights reserved. Any unauthorized copying, distribution, use, dissemination,
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All rights reserved. Any unauthorized copying, distribution, use, dissemination,
downloading, storing (in any medium), transmission, reproduction or reliance in
whole or any part of this course outline is prohibited and will constitute an
infringement of copyright.

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P. O. Box 74653
Dubai - UAE

Tel: +971 (04) 425 0700
Fax: +971 (04) 425 0701

E-Mail: info@glomacs.com

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