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Seminars

Effective World-Class Contracts Administration

Introduction:

The objective of every organization is that the contracting process results in a fair and reasonable price for a high quality on time deliverable. To meet this objective, world-class organizations view the application of best practices in contract administration after the award as being essential skill sets needed by all employees involved in the contracting process. With the ever-increasing quantity of outsourcing by organizations, this course is emerging as an essential competency for professionals and managers in most functional activities that are involved in the acquisition of goods, equipment and services. This course is designed to take the candidates through the many steps of contract administration from the time the award is made through to final acceptance, payment, and the contract close out so that the total objectives of entering into the contract are achieved. Included in this fast paced course to show renewed emphasis on this critical phase of contract management are:

  • Effective Contract Administration
  • Interpretation of Contracts
  • Maintaining Contract Schedules
  • Controlling Contract Changes

Course Objectives:

By the end of this course delegates will be able to:

  • Be able to provide better outcomes from contracts
  • Review contract administration techniques
  • Explore contract monitoring techniques
  • Learn how to get fair treatment in contract changes
  • Know how to analyze contracts
  • Discuss contract termination issues
  • How to prepare for claims and disputes
  • Review acceptance and contract close out issues
  • Study the inputs and outputs in contract administration

Who Should Attend?

Contracts, Purchasing, and Project Personnel, Engineering, Operational, and Maintenance Personnel, Project and Contracts Management Professionals, Tendering, Purchasing, Contract Administration Professionals and Personnel, Engineering, Operational, Finance, and Maintenance Professionals, Managers and executives in the procurement, finance, legal, risk and supplier relations department, Business Managers, Commercial staff, Project Engineers, Procurement staff, Legal staff, Contracts analysts & Officers, Contract Leaders & Engineers, Cost & Planning Engineers, Contract Administrators, Contracting Unit Supervisors, Contract Strategists, Project Managers, General Managers involved in contract negotiation and disputes, Commercial Managers, Buyers, Purchasing Managers, Tenders Managers, Supply Chain Managers & Executives, Procurement Managers & Personnel, Construction Managers

Course Outline:

Objectives of Contract Administration

· Effective contract administration

· The most critical elements

· Key players in contract administration

· Analysis of the contract

· Statement of work

· Work breakdown structure

· Post award conference

Outputs & Contract Types

· What needs to be measured

· Typical outputs of contract administration

· Identify the risk

· Responses to risk

· Contract types

· Producer price indexes

· Economic price adjustments

Maintaining Schedules & Contract Changes

· Monitoring techniques

· Expediting techniques

· Major causes of changes

· Contract cost

· Requesting supplier price breakdowns

· Evaluating price changes

· Types of bonds and guarantees

Issues in Contract Performance

· Force majeure

· Liquidated damages

· Contract terminations

· Service level termination event

· What constitutes breach?

· Responding to a breach

· Right to cover

· Supplier/contractor relations

Acceptance & Close Out

· Final acceptance

· Warranties

· Forms of payment

· Progress payments

· Claims and disputes

· Negotiation of claims and disputes

· Close out procedures

· Post Contract Review Meeting

COURSE LOCATIONS

Code From To City Fee
CM15 19 Jan 2020 30 Jan 2020 Dubai US$ 7000 Book
CM15 08 Mar 2020 19 Mar 2020 Alexandria US$ 6500 Book
CM15 17 May 2020 28 May 2020 Salalah US$ 7000 Book
CM15 26 Jul 2020 06 Aug 2020 Jeddah US$ 7000 Book
CM15 07 Sep 2020 18 Sep 2020 Guangzhou US$ 8500 Book
CM15 02 Nov 2020 13 Nov 2020 Singapore US$ 8500 Book


DUBAI OFFICE

Ittihad Deira Building,
Al Ittihad Rd, Deira
Dubai,
UAE

info@petrogas-training.com

USA OFFICE

642 E14 Street,
10009-13 Manhattan,
New York (NY)
USA

info@petrogas-training.com

EGYPT OFFICE

52 General Kamal Hejab Street,
Suez Bridge,
Cairo,
Egypt

info@petrogas-training.com
 

COURSE CERTIFICATE

Certificate of Completion will be provided to the candidate(s) who successfully attend and complete the course. Training hours attendance percentage of 75% is required.


TRAINING HOURS

Standard course hours: 8:30 A.M. to 3:30 P.M. Informal discussions: 4:30 P.M. to 5:30 P.M.


TRAINING METHODOLOGY

We use a blend of interactive and hands-on methods, active participation, a variety of instructional techniques, dynamic presentations, individual and group exercises, in depth discussion, DVD’s, role-plays, case studies, examples. All of the information, competencies, knowledge and skills acquired within our training programs, are 100% transferrable to the participants’ workplace.


ASSESSMENT & EVALUATION

Pre-Test and Post-Test Assessment are applied on 5-day and 10-day programs. Also, post course evaluation and candidate’s evaluation are applied to add another level of quality measurement. Candidates’ feedback is highly appreciated to elevate the training service quality.


ORGANIZATIONAL IMPACT

A- Have staff trained in the latest training and development approaches

B- Support nationalization and talent management initiatives

C- Have properly trained and informed people who will be able to add value

D- Gain relevant technical knowledge, skills and competencies


PERSONAL IMPACT

A- Develop job related skills

B- Develop personal skills in subject matter

C- Have a record of your growth and learning results

D- Bring proof of your progress back to your organization

F- Become competent, effective and productive

G- Be more able to make sound decisions

H- Be more effective in day to day work by mastering job-related processes

I- Create and develop competency to perform job well


FREQUENT NOMINATIONS SCHEME

A- 10% discount after 05 candidates’ registration.

B- 15% discount after 10 candidates’ registration.    

C- 20% discount after 20 candidates’ registration.

D- 25% discount after 25 candidates’ registration.

E- 30% discount after 30 candidates’ registration

F- Higher discount rates will be offered based on work volume with different clients.  


SEVERAL NOMINATIONS ON THE SAME COURSE SCHEME

A- One extra free seat is offered on 4 candidates on the same course and dates.

B- Two extra free seats are offered on 6 candidates on the same course and dates.

C- Three extra free seats are offered on 8 candidates on the same course and dates.

D- Four extra free seats are offered on 10 candidates on the same course and dates.

E- Five extra free seats are offered on 12 candidates on the same course and dates.


REGISTRATION POLICY

Nominations to our public courses are to be processed by the client’s Training and/or HR departments. A refund will be issued back to the client in the event of course cancellation or seat unavailability. A confirmation will be issued to the relevant department official(s). 


CANCELLATION POLICY

If a confirmed registration is cancelled less than 5 working days prior to the course start date, a substitute participant may be nominated to attend the same course or a 20% cancellation charge is applied. In case of a no-show, a 100% fee will be charged.


PAYMENT POLICY

Payment is due upon receiving the course confirmation, invoice and/or proforma invoice. However; the fee due can be wire transferred to our bank account directly after course completion. Our bank details are illustrated on the confirmation, invoice and proforma invoice, as well. The above documents can be communicated electronically, i.e., in a soft copy or/and in hard copy based on customer’s request.


COPYRIGHT

© 2017. Material published by PETROGAS shown here is copyrighted. © 2017. 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.