Course Objectives
Contract Management for Non-Contract Professionals
Course Methodology
This course relies on the use of individual and group exercises aimed at helping participants learn all key contract management activities. The course also features the use of a number of case studies, presentations and role plays by participants followed by plenary discussions. In addition, this course incorporates pre and post testing.
Course Objectives
By the end of the course, participants will be able to:
Outline the basic elements and phases of contracting
Describe important legal concepts in contracting that can have a detrimental impact on the contractual relationship between the parties
Describe different types of contracts as well as other different types of relationships between parties
List the main steps needed to prepare a contract with a full understanding of all the documents needed to prepare a request for proposal
Describe all the activities needed to administer the contract post-award including handling variations and claims
Target Audience
All non-contract/legal specialists who are involved in any step of the contracting process including technical and non-technical professionals who would like to learn about the elements, concepts, types and the process of contracting. Meirc is assigned as a Registered Educational Provider (REP) with the Project Management Institute (PMI®). This program is worth 30 PDUs.
Target Competencies
Contract management
Scoping work
Applying contractual obligations
Applying types of contracts
Recognizing terms and conditions
Contract preparation
Course Outline
Overview of contracts
Elements of a “contract”
Contract management
Legal concepts used in contracts
Scope of work
Terms and conditions
Phases of contracting
Important concepts in contract management
Governing law
Confidentiality
Privity of contract
Subcontracting
Indemnities
Force majeure
Payment terms
Breach of contract
Termination
Liquidated damages
Service level agreement
Representations and warranties
Covenants
Rights and conditions
Types of contractual agreements
Types of contracts
Fixed price (lump sum) contracts
Cost reimbursable (cost plus) contracts
Time and material contracts
Bill of quantities
Letter of intent
Memo of understanding
Special forms of contracting
International contracting
Incoterms
Basic concepts in contract preparation
Set-up contracting strategy
Determining sourcing strategy
Prepare RFPs
Evaluating proposals
Awarding contract
Administration, variations and claims
Implementation of the contract
Assessing performance
Change management
Managing variations
Claims and disputes
Overview of contracts
Elements of a “contract”
Contract management
Legal concepts used in contracts
Scope of work
Terms and conditions
Phases of contracting
Important concepts in contract management
Governing law
Confidentiality
Privity of contract
Subcontracting
Indemnities
Force majeure
Payment terms
Breach of contract
Termination
Liquidated damages
Service level agreement
Representations and warranties
Covenants
Rights and conditions
Types of contractual agreements
Types of contracts
Fixed price (lump sum) contracts
Cost reimbursable (cost plus) contracts
Time and material contracts
Bill of quantities
Letter of intent
Memo of understanding
Special forms of contracting
International contracting
Incoterms
Basic concepts in contract preparation
Set-up contracting strategy
Determining sourcing strategy
Prepare RFPs
Evaluating proposals
Awarding contract
Administration, variations and claims
Implementation of the contract
Assessing performance
Change management
Managing variations
Claims and disputes