Course Information

Introduction

The success of any project, whether in construction, engineering, or other sectors, hinges on precise planning, rigorous control, and effective contracting. In a world where projects are becoming increasingly complex, project managers and contracting professionals are facing new challenges that require enhanced skills in both technical project controls and contractual management. This course offers an in-depth exploration of advanced project controls and contracting, equipping participants with the tools, strategies, and insights required to successfully manage large-scale projects from initiation to completion.

Project controls are an essential part of the project management process, encompassing the planning, monitoring, and controlling of project scope, time, and cost. This discipline ensures that the project stays on track, meets deadlines, and stays within budget, while also addressing risks and uncertainties. It involves the use of various techniques and tools, such as Earned Value Management (EVM), Critical Path Method (CPM), and Risk Analysis, which help in forecasting project outcomes, identifying potential problems early, and applying corrective actions when necessary.

Contracting, on the other hand, serves as the legal foundation that governs the relationships between project stakeholders. Contracts define the roles, responsibilities, risks, and rewards, establishing a framework for delivering the project’s objectives. A clear understanding of contract types, negotiations, and compliance is crucial for ensuring that projects meet legal requirements and avoid costly disputes. This course integrates both advanced project controls and contracting knowledge, providing a comprehensive approach to managing projects effectively.

Participants in this program will gain expertise in advanced project controls techniques, including scheduling, cost estimation, resource management, and performance monitoring. The course also emphasizes the strategic importance of contracting, addressing topics such as contract management, negotiation skills, dispute resolution, and legal risk mitigation. With a focus on real-world application, participants will learn how to apply these principles to their own projects, ensuring successful project delivery and stakeholder satisfaction.

Through practical examples, case studies, and group discussions, participants will enhance their understanding of the intricacies of project controls and contracting. The course will equip them with the necessary skills to navigate the complexities of modern projects and manage both the technical and contractual aspects simultaneously. This unique combination of project controls and contracting expertise will empower professionals to take on more strategic roles within their organizations and lead projects with greater confidence and success.

By the end of the program, participants will be able to identify key project control metrics, apply advanced scheduling techniques, assess and manage risks, and make informed decisions in the contracting process. They will be prepared to handle the challenges of modern projects and ensure that all aspects of project control and contracting are handled in an integrated and efficient manner.

Objectives

By attending this course, participants will be able to:

Understand and apply advanced project controls techniques to monitor and manage project performance.
Develop comprehensive project schedules using advanced tools such as the Critical Path Method (CPM) and Earned Value Management (EVM).
Identify potential project risks and apply mitigation strategies to ensure successful project delivery.
Understand different contract types, terms, and conditions, and their implications on project success.
Negotiate and manage contracts effectively, addressing legal and contractual challenges in the project lifecycle.
Develop skills to handle disputes, claims, and contract amendments to minimize risks and delays.
Integrate project controls and contracting practices to ensure a holistic approach to project management.
Utilize practical tools and case studies to apply learned principles to real-world projects.

Who Should Attend?

This course is ideal for:

Project managers, project control professionals, and contract managers who are responsible for delivering complex projects on time and within budget.
Professionals seeking to enhance their understanding of both project controls and contracting to better manage projects and mitigate risks.
Senior project staff who want to gain deeper knowledge of advanced project controls techniques and the legal aspects of contracting.
Contracting and procurement professionals involved in managing contracts, negotiations, and supplier relationships.
Engineers, construction managers, and consultants who require advanced knowledge in project controls and contracting to support their roles.
Professionals aiming to become certified in project controls and contracting to enhance their careers and expand their expertise.

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
• Post-assessment

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Daily Agenda

The course agenda will be as follows:
• Technical Session 08.30-10.00 am
• Coffee Break 10.00-10.15 am
• Technical Session 10.15-12.15 noon
• Coffee Break 12.15-12.45 pm
• Technical Session 12.45-02.30 pm
• Course Ends 02.30 pm