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5-day Intensive Contract Management Developer

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5-day Intensive Contract Management Developer

Course Cost £1495 +VAT
Duration 5 DAYS
  • To provide a comprehensive overview of contract management best practices.
  • Delegates seeking advanced tools and techniques in contract management.
  • Focus on team building, quality assurance, performance measurement.
  • Evaluation of capital options through financial metrics.
  • Emphasis on relationship management and competition strategies.

Overview

The Contract Management Development Training course provides a comprehensive overview of best practices in contract management. It covers topics such as building effective teams, quality assurance, measuring performance, total cost of ownership procurement, managing contracts, and relationship management. The course aims to equip delegates with the latest tools and techniques in contract management. Suitable for individuals seeking an in-depth development program, the course spans five days and is offered in various locations in the UK, Ghana, Nigeria, and Qatar.

Who should attend

Professional Purchasers, Project Managers.

Contract Management Development Training

Day One

Building the team
· The supplier
· The end customer
· The specifiers / engineers
· The professional purchaser
· The quality assurance function
· The project manager

Role of the Professional Purchaser
· Designing the contract
· Deciding the contract strategy
· Designing and managing competition strategies
· Supply appraisal selection and negotiation
· Contract award.

Quality assurance
· Role of the quality assurance team
· The cost of quality

Managing and measuring performance
· Monitoring and tracking performance to plans
· Tracking performance through service level agreements
· Motivating suppliers
· Managing disputes
· Managing variations
· Dealing with defaults and breaches

Day Two

Measurement of performance
· Why we need to measure – key concepts, efficiency, effectiveness and value for money.
· Strategic v tactical measures
· Relationships – measuring the quality of long term relationships
· Vendor Rating – vendor rating systems

Total cost of ownership procurement
· What is total cost of ownership procurement?
· Why is it important to buy on a total cost of ownership basis?
· Using performance specifications to increase our options
· Designing tender documents to ensure we identify the total cost of ownership
· The elements of total cost
· Including for all operating costs
· Differing approaches to maintenance
· First line
· Second line
· Third line
· What about technical support and consultation support

Day Three

Evaluating competing options for our capital.
· Cash flow forecasts
· Discounted cash flows
· Net present values
· Internal rates of return

Day Four

Managing Contracts
· Selecting the right contract form

Capital Goods
· Services
· Spares
· Software
· Maintenance services
· Consulting Services

Contract management tools
· Project planning tools
· Gannt and PERT charts

Setting up the contract management regime
· Our team – who does what?
· Their team – who does what
· Points of contact
· Management tools
· Agreeing a timetable and plan
· Agreeing a reporting process
· Managing disputes – what approach should we take?

Deciding on a relationship style
· Partnering styles
· Distant arms length approaches

Visits
· Use of visits – advantages, disadvantages
· Who should we meet?
· What should we look for?
· What should we ask about?

Use of inspection
· A third party or ours?
· How do we manage third party inspectors?

Handling
· Disputes
· Variations
· Amendments

Day Five

Setting up the relationship
· The business Context.
· The importance of relationship management in long term contracting
· Supply positioning and procurement targeting
· Developing contract strategies – leverage, routine and bottleneck products and sourcing strategies
· Using Product / service portfolio analysis to decide on the relationship style
· Analytical tools for assessing internally and externally imposed supply risk

Managing the competition
· Deciding on your competition strategy
· Sealed Bids
· Open competition
· E-Auctions
· Pre-qualification tenders and calls for Expression of interest
· Vendor short-listing, absolute and relative criteria for short listing and bid lists
· Bid evaluation; setting and using weighted criteria
· Financial appraisal – using and understanding financial data

The structure the contract
· Using Memorandum of understanding
· Aims of both parties
· Terms and conditions
· Specifications
· Service levels
· Other duties
· Information appendices

Managing the relationship
· Contemporary approaches to managing long-term supply relationships
· Using tiered relationship management to improve reliability and commitment in the supply chain
· Mitigating risk in the supply chain through structured relationship management

Course Objective

To deliver a full and rounded overview of current best practice in all aspects of contract management.

Who should attend?

Delegates seeking an in-depth development course
in the latest tools and techniques of contract management

Course duration: 5 days

Contract Management Development Training Inverness, Aberdeen, Glasgow, Edinburgh, Dunfermline and other sites throughout the UK including onsite closed company courses are available.

Contract Management Development Training in Ghana, Nigeria and Qatar is also available.

Experts in Construction and Infrastructure Training

1000+

Training courses available

250000+

Course hours completed

50+

Expert trainers

CITB, APS, IEMA

Accreditation training centres

12

Accreditations

Testimonials

We’ve helped thousands of professionals grow their skills and confidence. Hear directly from the people who’ve taken our training courses.

The course was exceptional, well run in terms of delivery of information, IT online course but seamless. Very interesting examples of temporary works failures applicable to the businesses we worked in. Break out activities / group examples worked very well and were again well managed by the trainer. Fantastic course, I will recommend to others! Best course I have attended in years!

CITB Temporary Works Co-Ordinator

Black & Veatch

The trainers knowledge was excellent and I liked his examples and how he could relate them to every day relatable examples that we could all understand. Coming from different industries and sectors his examples were a common ground. It was handled very well virtually and the engagement worked with his questioning and answering

Contract Management

The Pension Regulator

The training was very interactive and the tutor was excellent in engaging every course attendee and ensuring that the course content was tailored to each attendees Organisation and Company requirements

CITB Temporary Works Awareness

Kone – H &S Advisor

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