This course supports your study towards PMP® Certification
This course was very appropriate and really met my needs. The class atmosphere was very conducive and the facilitator encouraged participation and narrating of real life experiences. I particularly liked the negotiation session and enjoyed the exercises.
Reminder: Participants who have taken "Contracting for Project Managers" should not take this course.
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
Agree on objectives, requirements, plans, and specifications
Negotiate favourable terms and make revisions to the contract
Apply the ‘10 rules of contract interpretation’ in project disputes
Administer contracts appropriately and know when and how to terminate them
Course Synopsis
As a project manager, you must be able to work effectively with contracting managers, purchasing professionals, and subcontractors to accomplish key objectives. Because contracts are developed in an increasingly complex and regulated environment, a solid understanding of the contracting process is critical, and can give you an advantage whether you’re on the buyer’s or seller’s side.
Get an overview of all phases of contracting, from requirements development to closeout. See how incentive can be used to improve contract results.
This course explores these vital issues from the project manager’s perspective, highlighting your roles and responsibilities to give you greater influence over how work is performed. You’ll also get special guidance on how to take action to ensure that contractors or subcontractors perform as required under the contract.
Lectures are combined with case studies, exercises, and negotiation role-playing to maximize the learning experience. Plus, you’ll receive a comprehensive course materials package.
Effective contract negotiation and administration can ensure project success, speed performance, and reduce risks and costs along the way. Discover the keys to contracting from your perspective in this practical course.
