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Course Description

What Is Effective Project Contracting Training All About?

It’s mandatory to have a project contract in place that outlines the obligations, duties, and expectations of the parties involved before setting out on a new project. Alongside creating project contracts, our Effective Project Contracting course equips project managers with the skills and knowledge necessary to manage project contracts effectively, minimizing risks and ensuring project success.

As a trainee, you will learn how to establish clear project objectives and requirements, determine the appropriate contract type, and identify and mitigate contract risks. The course will also cover the key elements of effective contract management, including monitoring contract performance, managing change orders, and handling contract disputes.

Our Faculty

Our learners deserve the best. And we give them nothing less than the best in training quality. We bring to you adepts who carry extensive project contracting and management expertise and also a significant involvement in conducting training workshops. They tailor the curriculum for trainees to acquire both the theoretical as well as practical aspects of project contracting and management, alongside putting the strategies into practice in real-time.

Why Should You Choose ExcelR for Effective Project Contracting Training?

There are a few good reasons for you to choose us! We offer the Effective Project Contracting course in offline/in-person, live virtual, and hybrid modes. We organize batches taking into account your team’s work schedule. Whether 5 or 500, we make sure every trainee is upskilled to our client’s expectations. Further, learners get access to the recorded sessions which serve as a reference if they miss any class.

Support

Our post-training support is considered to be the best in the industry and it makes us stand apart from our counterparts. You can rest assured that you are taken care of even after the theory sessions.

Further, resolving any client query is our first priority. We make sure every trainee’s needs are met and questions are addressed. You may reach out to us via Whatsapp, emails, direct calls, and live chat.

Customized Effective Project Contracting Training Based on Corporate Requirements

Being into corporate training for close to a decade now, we understand that no two corporate requirements are the same. That’s why we analyze your requirements and desired outcomes first and then suggest a training model accordingly. The model we come up with will be a customized training solution that aligns with your goals and objectives. This flexible training has met and exceeded the expectations of 500+ corporate clients over the years and we’re sure it will benefit your team too.

Who Can Take This Effective Project Contracting Training Course?

This training program will be beneficial for

  • General management and project management professionals 
  • Contract administrators
  • Claim handlers
  • Procurement and purchasing specialists
  • Contract managers
  • Engineers, lawyers
  • Business development professionals
  • Operational and maintenance personnel
  • Commercial, financial, and insurance professionals, 
  • And many more!

Course Curriculum

  • Develop project statement
  • Conduct stakeholder analysis
  • Establish & communicate the project plan
  • Review the work breakdown structure (WBS)
  • Tracking actions & issues 
  • Update project schedule
  • Review critical path 
  • Manage the MOM
  • Basics of contract management
  • Negotiation skills
  • FIDIC & contract management
  • Exports contract
  • INCO terms
  • Recognition of procurement
  • Purchase requisition
  • Requisition review
  • Solicitation process 
  • Evaluation & contract
  • Order management
  • Invoice approvals & disputes
  • Record keeping
  • Contract closing
  • Challenges of CM software
  • Uses of CM 
  • Types of contract
  • Contract management maturity model
  • Roadmap to tackle liabilities
  • Gap areas identification
  • Risk litigation
  • Arbitration 
  • Insurance risk management
  • Types of penalties
  • LD, IDC et
  • PVC, ORC, Warranty, Guarantee, Wharfage, Demurrage
  • Types of contracting
  • Project & business goals
  • Operational capabilities
  • Team size & capabilities
  • Market condition analysis
  • Risk allocation in contracting strategy
  • Solutions of contract changes
  • Dealing with poor technical performance
  • Penalties and its effect on contract price for under performance
  • Contract dispute acts and overview
  • Relevant case studies 
  • Technical & commercial liabilities
  • Details of liabilities
  • Debtors & its management
  • Provisions & its management
  • BG & CG
  • Identify constraints & its management
  • Contract terminologies
  • Contract preparations with change management
  • Contract price & changes
  • Transfer of property
  • Performance failures
  • Claim management
  • Dispute management
  • Appropriate contracting 
  • Importance of contracting strategy
  • Six steps of developing contracting strategy
  • Contracting methods
  • Importance of contractual risk assessment
  • Types of contractual risk
  • Ten fingers of contractual risks
  • Reasons of change
  • Factors affecting contract
  • Types of contract change
  • Disputes
  • Solving poor contract management
  • Best practises for managing underperforming contracts
  • How to improve contract underperformance
  • Dealing with poor supplier performance
  • Types of disputes 
  • Effect of disputes  
  • Methods of resolution of disputes
  • Palo Alto Networks Portfolio and Architecture
  • Configuring Initial Firewall Settings
  • Managing Firewall Configurations
  • Managing Firewall Administrator Accounts
  • Connecting the Firewall to Production Networks with Security Zones
  • Palo Alto Networks Portfolio and Architecture
  • Configuring Initial Firewall Settings
  • Managing Firewall Configurations
  • Managing Firewall Administrator Accounts
  • Connecting the Firewall to Production Networks with Security Zones

Contact Our Team of Experts

FAQs

Global Presence

ExcelR is a training and consulting firm with its global headquarters in Houston, Texas, USA. Alongside to catering to the tailored needs of students, professionals, corporates and educational institutions across multiple locations, ExcelR opened its offices in multiple strategic locations such as Australia, Malaysia for the ASEAN market, Canada, UK, Romania taking into account the Eastern Europe and South Africa. In addition to these offices, ExcelR believes in building and nurturing future entrepreneurs through its Franchise verticals and hence has awarded in excess of 30 franchises across the globe. This ensures that our quality education and related services reach out to all corners of the world. Furthermore, this resonates with our global strategy of catering to the needs of bridging the gap between the industry and academia globally.

ExcelR's Global Presence
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