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Seminars

Understanding & Implementing Contract Obligations & Administration Best Practices



Introduction:


Contract administration or contract management involves the drafting, reviewing, revising, and analyzing contracts, as well as implementing systems and using software designed to ensure accurate tracking and recordkeeping regarding the fulfillment of contractual obligations.  Those who work in this area must be well-versed in contract law and in office practices and procedures applicable to contract law practice. In addition to a thorough knowledge of contract law, the areas of substantive law identified by those working in this field as most often encountered include administrative law, business organizations, entertainment/media law, insurance, labor relations, and real property. The overall aim of this course is to provide participants with the knowledge, concepts, skills and tools necessary to manage and administer contracts post award. Participants in this interactive course will learn all the processes and activities required to implement contractual obligations. The course will also cover contract administration best practices.

Course Objectives:


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

 

  • Apply and gain an in-depth knowledge on contract administration understanding and implementing contracting obligations
  • Identify the major activities and steps of contract administration
  • Identify administration tools and the roles of the contract administrator
  • Recognize the main contractual provisions and analyze their effects on the implementation
  • Establish an evaluation system for the contractors to determine their strengths and weaknesses
  • Explain the different types of claims, damages and liabilities
  • Demonstrate the importance of partnership and negotiation in contract administration
  • Prepare for negotiating the scope of work and the terms and conditions of the contract
  • Outline the major activities and steps of contract administration
  • Identify administration tools that are used during the implementation as well as the role of the contract administrator
  • Create a system to evaluate contractors and determine their strengths and weaknesses
  • Explain the different types of variation orders, claims and damages
  • Demonstrate the importance of partnership in contract administration
  • Prepare for negotiating contract variations and claims in order to reach a satisfactory settlement 

Who Should Attend?


Procurement Managers, Purchasing Staff, Engineering, Operational and Maintenance Personnel, Contracts Engineers, Administrators, and Managers, Commercial, Financial and Insurance Professionals, Project and General Management, Contracts & Contracting Unit Professionals, Project Professionals, Procurement & Purchasing Staff, Purchasing Professionals and Procurement Officers, Commercial Professionals, Contract Administrators, Contract Administration Professionals, Contract Managers and Contract Professionals, Supply officers, Buyers, Project Coordinator’s, Project Managers and other Project Professionals, Claims Personnel, Legal Advisers, Contract Strategists, Business Audit Officers, Engineers, Project Construction Professionals, Contract Administrators, Contract Professionals and Project Coordinators, Buyers, Purchasing Professionals and Procurement Officers, Contracts Managers, Project Managers, Tenders, Contracts, Buyers, Purchasing, Financial Personnel, Tendering, Purchasing, Project Management Professionals, Engineering, Operational, Trade, Finance, and Maintenance Professionals, all others who are involved in the planning, evaluation, preparation and management of tenders, specifications, awards, and contracts that cover the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities, those from a Project Management or General Management background who do not think they have sufficient understanding of contract issues, those new to the function, preparing for a major project, or experienced managers looking for a refresher, anyone involved in the management of risk, those involved in implementing and administering contracts and handling claims and change orders; also those involved in any conflict or dispute with a contracting party and interested to learn how to avoid or resolve these contractual issues, those involved in contract and business related negotiations, those involved in any aspect of implementing, managing or administering contracts in the post-award phase

Course Outline:


Principles of Contracts

  • Objectives and definitions
  • Contract framework
  • Purposes of contract administration
  • Elements of a contract
  • Difficulties encountered in contract administration
  • Contract administration major steps
  • Competencies of contract administrators

 

Contract Administration Tools

  • Key principle
  • Knowing your contract
  • Contract provisions affecting implementation

 

Tools and Techniques for Contract Administration

  • Dissection technique
  • Issues and risks logs
  • Records management system
  • Contract change control system
  • Roles and responsibilities
  • Performance reporting
  • Developing schedule plans
  • Risk management plans
  • Lessons learned

 

Contractor Evaluation

  • Evaluating contractor’s performance
  • Contractor's ratings
  • Key performance indicators
  • Targets and benchmarks

 

Claims and Disputes

  • Changes and variation orders
  • Claims and disputes
  • Breach of contract
  • Money damages
  • Equitable remedies
  • Alternative dispute resolution (mediation and arbitration)
  • Contract termination
  • Contract closeout

 

Partnership with Contractor

  • Partnering definition
  • Features of partnership
  • Strategic alliance
  • Elements of partnership
  • Partnering issues

 

Negotiation

  • Negotiation preparation
  • Negotiation objectives
  • Negotiation guidelines

COURSE LOCATIONS

Code From To City Fee
CM27 05 Jan 2020 09 Jan 2020 Dubai US$ 4200 Book
CM27 16 Mar 2020 20 Mar 2020 Kuala Lumpur US$ 4500 Book
CM27 18 May 2020 22 May 2020 Bali US$ 5500 Book
CM27 27 Jul 2020 31 Jul 2020 Bangkok US$ 4500 Book
CM27 07 Sep 2020 11 Sep 2020 Barcelona US$ 5500 Book
CM27 23 Nov 2020 27 Nov 2020 London US$ 5000 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.