Tools and Techniques for Contract Management
- Improve awareness of contract management techniques and best practices.
- Suitable for procurement and non-procurement personnel managing contracts.
- Focus on effective contract management skills, leadership, and problem-solving.
- Learn about setting procurement project objectives and major contracts.
- Understand contract monitoring, negotiation, and continuous improvement.
Overview
This 2-day course focuses on enhancing participants' knowledge and skills in contract management with third-party suppliers. The program covers topics such as effective contract management skills, designing project and contract management processes, setting procurement objectives, specifying risk transfer, managing competition, deciding contract terms, contract award processes, and effective contract monitoring. The course aims to improve awareness of techniques and best practices in contract management for both procurement and non-procurement personnel involved in managing contracts with external suppliers.
Who should attend
Procurement and non-procurement personnel.
Course duration: 2 Days
Course running order
Day 1
The skills required for effective contract management
· Styles of the effective contract manager
· Leadership, ability to influence, willingness to take the lead and initiative, problem solving
· The tools of the Contract Manager –Using Microsoft Project
Designing the project and contract management process
· The workstreams and reporting approach
· Responsibilities for contract management
· The team
· Their roles
Setting objectives for procurement projects and major contracts
· Developing contracts sourcing strategies
· Undertaking risk assessments for procurements and developing risk management strategies
· Evaluating market positions and market exposure
· Deciding on the relationship style and approach
Specifying to transfer risk
· Using performance specifications and measurement to transfer risk
Setting key performance measures
Day 2
· Managing the competition
· Building the tender document
· Deciding the selection process and criteria
· Using weighted criteria
· Incorporating total life costing and ownership into specification and terms
· EU compliance in the public Sector
Deciding the terms
· Making use of standard forms of contract
· NEC, ICEE, IMech, MF, JCT
· RFI, Pre Qualification and RFQ
Contract award
· Post Tender Negotiation and the EU regulations
· Evaluating offers – lowest price, most economically advantageous
· Ensuring compliance with the contract and understanding contractual remedies for poor performance
Effective contract monitoring
· Negotiating improvements to current service delivery
· Change control mechanisms
· Motivational factors that enhance performance and create continuous improvement
· Review and evaluation
Course Objective
This programme is designed to improve delegates’ awareness of techniques and best practices associated with the management of contracts let to third party suppliers.
Who should attend?
Both procurement and non- procurement personnel that are involved in managing.
contracts with external third party suppliers.
