Course Description
The overall aim of this course is to provide participants with the knowledge, skills and tools required to manage
contracts from inception to closure. Participants in this interactive course will learn about the activities conducted
in each phase of the life cycle of a contract, methodologies used to manage each one of these activities and the
best practices used in contract management. The course will cover critical areas such as contract preparation,
contract award, and contract administration.
Course Objective
This program sets the standard for professional capability in Commercial and Contract Management. Its objective
is to support recognition for this fast-growing discipline, to create consistency in role and purpose, and to equip
both individuals and teams with the knowledge and methods needed for their success.
Benefits for individuals and teams
Identify principles, definitions and major steps involved in the contracting process
Outline all contract preparation activities including planning, developing scope of work and
identifying sourcing options
Recognize different types of contracts and the effect of each type on the risk allocation strategy
Develop criteria to invite, receive and evaluate bids
Apply contract administration tools and techniques to effectively manage the contract and avoid
disputes during implementation
Resolve disputes collaboratively and amicably and outline alternative dispute resolution methods
Benefits for employers
Create clarity, understanding and consistency of practice.
Demonstrate investment in your people and nurture employee growth and excellence.
Generate better outcomes from improved trading relationships.
Instill a culture of positivist and support
Target Audience
All those involved in any aspect of preparing, implementing, managing, or administering contracts and who are
committed to proving their dedication to their professional growth. Successful candidates on this course will be
awarded the Professional Certificate .
Target Competencies
Contract preparation
Contract administration
Preparing and evaluating bids
Planning contracting process
Resolving contractual disputes
Managing contractors
Delivery modes:
– Face-to-face, presenter-taught workshop
– Online workshop via the platform Zoom
This course has been designed to actively involve the learner throughout the day. It includes
Interactive presentations
Group work and discussion
Structured strategy development activities
Strategy based case studies
Certification
Program participants who successfully complete the course are issued a certificate of Completion from
Global institute of Projects Management & Development – GIPMD
Curriculum
- 12 Sections
- 89 Lessons
- 10 Days
- Principles of contracts5
- Contract preparation14
- 3.1Stages of contract preparation and management
- 3.2Set-up contracting strategy
- 3.3Contracting methods
- 3.4Developing the scope of work
- 3.5Problems with a badly written scope of work
- 3.6Developing Evaluation criteria
- 3.7Decision analysis worksheet
- 3.8Terms and conditions
- 3.9Determining sourcing strategy
- 3.10Pre-qualification criteria
- 3.11Prepare request for proposal
- 3.12Sourcing Options
- 3.13Conducting a Terms Audit
- 3.14Cost Identification
- Contract types and strategies5
- Bid7
- Develop6
- Negotiate5
- Personal6
- Tendering and Bids Evaluation7
- Contract administration7
- Claims and variation orders5
- Business acumen10
- 12.1Top Ten Pitfalls to Avoid in Contracting
- 12.2Visualization and Design
- 12.3Managing and Mitigating Cost and Risk
- 12.4Advanced Financial Considerations
- 12.5Simplifying and Streamlining Processes
- 12.6Bench-marking
- 12.7Government Contracting / Public Procurement
- 12.8Third Party Channels
- 12.9Ethics, Compliance and Sustainability
- 12.10Interactive Case Study: Work-group Analysis
- Technical12
- 13.1Intellectual Property
- 13.2Competition and Anti-trust
- 13.3Relational and Outcome-based Contracting
- 13.4Governance and Standards
- 13.5Outsourcing Strategies and Tools
- 13.6International Trading
- 13.7Drafting Operational Terms
- 13.8Industries and Contract Types
- 13.9Agile Contracting and Managing Change
- 13.10Creating a Contract Management Plan
- 13.11Using Technology to Become More Effective
- 13.12Interactive Case Study: Complex Relationships
