Professional Recognition & Accreditations
- This course is registered with the Project Management Institute (PMI)® R.E.P. Programme*
The Structure
This comprehensive course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day courses.
Module 1 - The Complete Course on Contracts Management: Contracts Management Specialist
Module 2 - The Complete Course on Project Management: Project Management Specialist
Why Choose this Course?
This intensive 10-day training course offers complete guidance for managing all types of projects that include the complexity of commercial and business relationships. The training course explores how to ensure projects deliver outcomes which are client-focused, contractually appropriate and organisationally relevant.
This training course covers key aspects of project definition, planning, control and handover to ensure relevant quality within time, budget and resource constraints. It explores in detail what a contract does (and does not) require each party to the contract to do, and the consequences for both parties of any failure. It also tackles team leadership, stakeholder management and project communication.
This COPEX training course will feature:
- Introduction to the world of contracts and project management
- Project definition, planning & control, leadership, stakeholder management & communication
- Differences in approach between different legal & contracting systems
- Risk allocation in contract management & dispute resolution in contractual disputes
- Protecting your company’s interests when contracting in an international context
What are the Goals?
By the end of this training course, participants will be able to:
- Develop project plans focused on delivering sustainable benefits
- Lead project teams in the use of contracts and delivery of projects
- Manage relationships with project stakeholders and contractual partners
- Improve their understanding of the role of contracts within a business
- Apply the latest international thinking in dispute resolution
Who is this Course for?
This COPEX training course is designed for professionals either directly or indirectly involved in the delivery of projects which include contract management, negotiation, procurement, operations, and disputes. It is also for those charged with a more strategic role managing project portfolios.
This training course is suitable to a wide range of professionals but will greatly benefit:
- Contract Administrators & Contract Professionals
- Contracts Managers
- Engineers or Contracts Operatives
- Existing & New Project Managers
- Project Team Members & Sponsors
- Managers of Project Portfolios
How will this be Presented?
This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes high level of participant discussion, group interaction, delegate group exercises and case studies. Materials include existing contemporary English language contracts in many jurisdictions. Delegates will be encouraged to raise their own issues and problems faced within their industry or organisations for discussion on a confidential basis. Personal assessment, reflection and action planning will ensure that delegates know how they will put the learning into practice.
The Course Content
Module 1
The Complete Course on Contracts Management
Day One: What are Contracts and How are they Created?
- The need for contractual relationships
- What is needed to create a valid contract? Ingredients and formalities
- Authority and agency
- The tender process
- Alternative sourcing
- Making contracts enforceable - with particular emphasis on the international context
Day Two: The Structure of Contracts
- Form of Agreement
- Hierarchy of Terms and Conditions
- Different contractual structures - Traditional and New
- Risk and Title (ownership) in international trade. When does it transfer?
- Notices and other formalities
- Which law and which courts?
Day Three: Collateral Documents
- Securitising performance obligations
- Bonds and guarantees
- Parent company guarantees
- Letters of intent, comfort or awareness
- Insurance policies
- Assessing the need for financial security
Day Four: Change and Variation
- Changes to Contract documents
- Assignment/Novation explained and distinguished
- Variation clauses and changes to the scope of work
- Claims - what they are, and how they arise
- Delay and disruption
- Force majeure
Day Five: Resolving Disputes
- Conflict avoidance and tiered dispute resolution clauses
- Negotiation
- Litigation
- Arbitration
- Mediation, ENE and new best practices in dispute resolution and management
- Final questions and review of course
Module 2
The Complete Course on Project Management
Day Six: The World of Project Management
- What is a project?
- Mature project management
- Selecting projects to meet organizational goals
- Managing programmes and portfolios
- Uncertainty in project selection decisions
- Project data, information and knowledge management
Day Seven: Project Planning, Scheduling and Budgeting
- Strategic, tactical and operational planning
- The contents of a project plan
- Level of detail in scheduling
- Network logic and dependency analysis
- Project uncertainty and risk management
- Fundamentals of budgeting and cost control
Day Eight: Project Resourcing, Monitoring and Control
- Resource allocation
- Expediting a project
- The Critical Chain approach
- Designing the monitoring cycle
- Performance indicators and control mechanisms
- Designing the change control system
Day Nine: The Project Manager’s Roles and Responsibilities
- Selection of the Project Manager
- Project Team-building and empowerment
- Delegating with confidence
- Communication within the project team
- Project team leadership
- Conflict handling
Day Ten: Project Evaluation, Reporting, Closure and Hand-over
- Evaluation criteria and project auditing
- Analysing project performance
- Progress reports and records
- Determinants of project success
- Successful project hand-over
- Lessons learned and creating learning culture
The Certificates
- COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
- The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Attendance
The Accreditation*
As an R.E.P., COPEX has been approved by PMI to issue applicable Professional Development Units (PDUs) for its Training courses. PMI allows credential holders to apply PDUs to the maintenance of their credentials. One (1) PDU is equivalent to one (1) contact hour of Training.
The PMI Registered Education Provider logo and PMP are registered marks of the Project Management Institute, Inc.
© 2019. Material published by Copex shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.
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