Commercial Awareness Training aims to develop participants' commercial skills in project management and contract administration. The course covers topics such as tendering risks, estimating techniques, financial appraisal, procurement assessment, contract types, payment terms, contract law, risk management, and execution risks. It emphasizes turning project managers into commercial individuals and understanding the importance of cash flow in project appraisal. The training is conducted over 2 days and is available in various locations in the UK and internationally.
Project Manager, Contract Director, Sub-Contract Administrator
INTRODUCTIONS
The project: objectives, participants and attitudes
What needs to be addressed to turn a Project Manager / Contract Director or Sub-Contract Administrator into a commercial individual.
The client’s Process for selecting bidders.
The approaches to estimating and using the correct estimating technique to define the base line for the procurement of materials.
Cost / Profit / Price.
Identify the importance of cash flow in the appraisal of projects:
How the different types of contract determine the allocation of risk and the degree of effort for project control.
An introduction to the use of law in a commercial environment.
The use of the Project Management Model as a dynamic and interactive model of Project Risk Management. The Principles of Risk Identification, The Risk Register, Risk Analysis and Response.
A case study to illustrate the nature of different risks inherent in a project. The delegates will work in syndicates to identify as many risks as possible.
Course duration:2 Days
Cost: £575 + VAT
Commercial Awareness Training Scotland, Inverness, Aberdeen, Glasgow, Edinburgh, Dunfermline and other sites throughout the UK including onsite closed company courses are available.
Commercial Awareness Training Saudi Arabia, Bahrain, Kuwait, Qatar, Abu Dhabi, Dubai, India, Ghana and Nigeria is also available.
1000+
Training courses available
250000+
Course hours completed
50+
Expert trainers
CITB, APS, IEMA
Accreditation training centres
12
Accreditations
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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