Contract Management Fundamentals

This course is suitable for professionals undertaking the following roles:

• Project managers
• Contract managers and administrators
• Procurement professionals
• Project engineers
• Contractor’s design team

After completing this course, candidates will be able to:

• Understand the role of procurement in achieving strategic goals
• Identify contract components and understand the various contract systems available.
• Selecting the appropriate contract for the project
• Selecting/negotiating the offer that represents the best value for the buyer (price vs. value)
• Understand the contract’s legal implications (fully documented or ‘design and build’)
• Overview of requirements, documents, specifications, plans and processes
• Structure of the contract
• Options within the contract
• Roles of the parties under the contract
• Information or documents supplied by Principal / Owner
• Interpretation of the contract clauses
• Deliverables by the Owner
• Deliverables by the Contractor
• Deliverables by the Contractor’s design team under ‘design and build’ model
• Work flow and timing (and the differences between fully documented and ‘design and build’)
• Quality assurance, OH&S and environment requirements
• Contract administration duties and processes
• Rules of contract interpretation in project disputes – the 10 rules of contract interpretation

• Face to face or Virtual trainer delivered two (2) day course.
• Undertake individual and group led activities to support practical application
• Includes additional reference resources.
• Students receive certificate of completion at end of course

• Overview of all phases of contracting
• Contract essential elements
• Contract performance and non-performance
• Procurement
• Tendering – the process of transformation and motivation theories
• Negotiation and influencing strategies
• Contract management and administration