17 - 21 Feb 2025
London (UK)
Hotel : Landmark Office Space - Oxford Street
Cost : 5250 € Euro
Organizations that master best practices in project and contract management can reap benefits such as increased productivity and reduced costs. This 5-day training program,designed by Global Horizon Training Center ,to provide both practical and strategic insights into project and contract management, covering critical areas such as project planning and administration, contractor selection and negotiation, project and contract risk identification, team selection and performance measurement.
The training program aims to equip participants with essential skills and knowledge, including how to:
Define project outcomes and manage uncertainty
Understand different contract types and transfer risk effectively
Develop negotiation skills to meet organizational objectives
Set up and operate disciplines required to monitor and control projects
Analyze contractor price and cost and select the best team
Participants will learn through a combination of lectures by experienced practitioners, individual and group exercises, reviewing published articles, checklists, and group discussions. A comprehensive course manual will also be provided, and attendees will be encouraged to present problems for discussion on a confidential basis.
Organizations will benefit from better-trained personnel leading and guiding the contracting and project process, improvements in the performance of contractors, and increased alignment of project results with the organization’s goals.
Attendees will gain mastery in managing project and contract activities, improved negotiation skills, and greater confidence in leading, planning, and managing the entire project and contract process. Participants will also receive increased recognition by their organization, leading to potential advancement and increased job satisfaction.
Day 1:
Introduction to Project Management
Benefits of project management
Why some projects fail
What makes a ‘Master’ of project management
Project team and leadership
Roles in and around projects
Day 2:
Project Planning and Decision Making
Importance of knowing project outcomes
Handling uncertainty
Decision analysis under risk
Defining project success criteria
Elements of a great project plan
Day 3:
Contractor Selection and Negotiation
Understanding different contract types and their risks
Analyzing contractor price and cost
Developing negotiation skill sets to meet organizational objectives
Methods of selecting and leading project and contract teams
Setting and measuring project and contractor performance goals
Day 4:
Project and Contract Risk Management
Identifying and analyzing project and contract risk
Managing project and contract risks
Methods of keeping the team focused on the delivery goal
Enhancing personal effectiveness
Lessons learned and creating a learning culture
Day 5:
Contract Administration and Close-Out
Overview and responsibilities of contract administration
Contract modifications and disputes
Termination and close-out procedures
Monitoring and controlling project progress
Effective delegation and empowerment