Contract Administration: Understanding and Implementing Contractual Obligations

Why Attend

This course aims 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 successfully. The course will also cover best practices in contract administration.

Course Methodology

This course relies on the use of individual and group exercises aimed at helping participants learn all the tools and techniques used during contract implementation. The course also features the use of a number of case studies and role plays by participants followed by discussions. In addition, this course incorporates pre and post testing.

Course Objectives

By the end of the course, participants will be able to:

• Outline the major activities and procedures of contract administration
• Explore administration tools and techniques that are used during the contract implementation
• Create a system to evaluate contractors and identify key performance indicators that can help assessing their performances.
• Explain the different types of variation orders, claims and damages and identify several alterative dispute resolutions
• Prepare for negotiating contract variations and claims to reach a satisfactory settlement 

Target Audience

All those involved in any aspect of implementing, managing or administering contracts in the post-award phase of the contracting process and who want to learn about the best practices in contract administration. 

Target Competencies

• Contract administration
• Change management
• Managing contractors
• Managing claims and disputes
• Resolving disputes
• Negotiating with contractors

Note

Plus has been reviewed and approved by the PMI® Authorized Training Partner Program. This course is worth 30 Professional Development Units (PDUs).