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Contract Management and Formulation

Classroom based course with study materials, lecturer support and CPD Hours included

London Training For Excellence

Summary

Price
£3,960 inc VAT
Study method
Online
Duration
5 days · Self-paced
Qualification
No formal qualification
Additional info
  • Tutor is available to students
3 students enquired about this course

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Overview

Objectives By the end of this program, the participant will be able to: Understand the role and scope of the contract management Understand and employ suitable contracting methods Be familiar with the different types of contracts Select the right type of contracts 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 Handle difficult contract management problems Discuss contract termination issues Learn how to deal with financial problems and their practical solutions. How to prepare for claims and disputes

Description

Day 1

  • Effective Contract Management
  • The Most Critical Elements
  • Key Players In Contract Administration
  • Analysis Of The Contract
  • Establishing Major Deliverables

Day 2

  • What Needs To Be Measured?
  • The Most Critical Elements
  • Typical Outputs Of Contract Management
  • Monitoring Techniques
  • Identify The Risk
  • Responses To Risk

Day 3

  • Contract Types
  • Administration In Cost Type Contracts
  • Economic Price Adjustments
  • Maintaining Contract Schedules
  • Major Causes Of Changes
  • Contract Price Changes

Day 4

  • Evaluating Price Changes
  • Practical Considerations for Bonds & Guarantees
  • Types of Bonds and Guarantees
  • Contract termination issues

Day 5

  • Financial problems and their practical solutions.
  • Claims and disputes
  • Case studies

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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