Course Outline
INTRODUCTION TO PROJECT MANAGEMENT
The Fundamentals of Project Management
- Key Definitions in Project Management
- The Project Life - Cycle
- Project Complexity Factors
- Project Strategizing and Managing Triple Constraint
- Project Context & Environment
- Key Financial Concepts
Project Planning and Organising
- The 20 Project Management Sequence Steps
- Defining Project Scope and Developing Work & Cost Breakdown Structures
- Project Management Roles & Responsibilities
- Project Planning Inputs, Tools & Techniques
- Project Estimating Techniques
- Project Scheduling Methods
INTRODUCTION TO CONTRACT MANAGEMENT
Understanding Contract Management Principles
- Contract Formation
- Identifying Contractual Risk
- Assessing Contractual Risk
- Contract Risk Responses
- General Terms and Conditions
Drafting Contracts
- Traditional Contract Structures
- Collaboration
- Innovative Contract Structures
- Structuring Payments
- Contract Workshop
Mastering Contracts Management Principles
- Assessing Liability Issues
- Understanding Force Majeure
- Examining the Effect of Variations on Time
- Examining the Effect of Variations on Cost
- Exploring Liquidated Damages
CONTRACT RISKS MANAGEMENT
Types and Management of Risk
- The Need for Contractual Relationships
- Defining Risk
- Categories of Risk for Both Sides of a Contract
- Risk Assessment Process
- Managing Risk
- Qualifying Suppliers
- Defining Internal Control
- Proportionality of Control
Minimizing and Transferring Risk
- Transferring Risk through Contract Types
- Firm Fixed Price or Lump Sum Contracts
- Cost Reimbursable Contracts
- Incentive Contracts
- Award-Fee Pricing Arrangements
- Indemnities
- Cross Indemnities
- Insurance
Risk Related Terms & Conditions
- External Events
- Force Majeure
- Strikes and Other Labour Disputes
- Risk and Title
- Use of ICC Incoterms
- Assignment and Novation
- Other Clauses that Need to Flow Down to Sub-contractors
- Risks Associated with Sub-Contractors
Dealing with Financial Risks
- Controlling Risk Associated with Payments
- Currency Risk
- Economic Risk
- Fraud and Corruption
- Limiting or Excluding Liability
- Distinctions between Liability in Contract, and the General Law
- “Gross Negligence”
- A Review of Some Sample Clauses from Standard Contracts, and other Real Documents
Remedies When Bad Stuff Happens
- Mistakes and Misrepresentations
- Impracticability of Performance
- Remedies Generally
- Types of Remedies
- Liquated Damages
- Warranties
PROJECT RISKS MANAGEMENT
- Risk Management Planning
- Project Context and Risk Boundaries
- Risk Identification
- Risk Analysis & Evaluation
- Risk Response Planning, Implementation & Control
- Applied Project Risk Simulation
Requirements
- An understanding of project management principles.
- Experience with team handling.
- Some legal contract experience would be good to have.
Testimonials (4)
Really pragmatic. Lots of detailed discussions, practical exercises. Constructive debates.
Echardt - BMW SA
Course - Professional Scrum with Kanban | PSK (Scrum.org accredited training course)
The pacing, the frequent breaks, exercises, and clear explanation. If i were to do PSM 2 I would want the same trainer.
Finton
Course - Professional Scrum Master I | PSM I (accredited training course with Scrum.org exam and certification)
Paul was a fantastic trainer. I enjoyed his style of teaching and delivery pace
Adeola
Course - Professional Scrum Master II | PSM II (Scrum.org accredited training course)
My course only had a few other people in it, this meant Ravi could be very attentive with us, he could take his time to explain things and could gauge our knowledge of different subjects of the course and pay attention to our weak points. Ravi was good fun and enthusiastic and I enjoyed the 2 days with him.