Certified Contract Manager - Virtual Learning
Why Attend
The overall aim of this course is to provide participants with the knowledge, skills and tools required to manage contracts from inception to closure. Participants in this interactive course will learn about the activities conducted in each phase of the life cycle of a contract, methodologies used to manage each one of these activities and the best practices used in contract management. The course will cover critical areas such as contract preparation, contract award, and contract administration.
Course Objectives
By the end of the course, participants will be able to:
- Identify principles, definitions and major steps involved in the contracting process
- Outline all contract preparation activities including planning, developing scope of work and identifying sourcing options
- Recognize different types of contracts and the effect of each type on the risk allocation strategy
- Develop criteria to invite, receive and evaluate bids
- Apply contract administration tools and techniques to effectively manage the contract and avoid disputes during implementation
- Resolve disputes collaboratively and amicably and outline alternative dispute resolution methods
Target Audience
All those involved in any aspect of preparing, implementing, managing or administering contracts and who are committed to prove their dedication to their professional growth. Successful candidates on this course will be awarded the Meirc Professional Certificate (MPC). Meirc is assigned as a Registered Educational Provider (REP) with the Project Management Institute (PMI®). This program is worth 20 PDUs.
Target Competencies
- Contract preparation
- Contract administration
- Preparing and evaluating bids
- Planning contracting process
- Resolving contractual disputes
- Managing contractors
- Principles of contracts
- Defining a contract
- Elements of a contract
- Important concepts in contract used in contract management
- Contract Stages
- Problems in preparing and managing contracts
- Contract preparation
- Stages of contract preparation and management
- Set-up contracting strategy
- Contracting methods
- Developing the scope of work
- Problems with a badly written scope of work
- Developing Evaluation criteria
- Decision analysis worksheet
- Terms and conditions
- Determining sourcing strategy
- Pre-qualification criteria
- Prepare request for proposal
- Contract types and strategies
- One or several contracts
- Fixed price contracts
- Cost reimbursable contracts
- Time and material contracts
- Payment terms
- Tendering and Bids Evaluation
- Principles of tendering
- Objectives of tendering
- Tendering process
- Bids Evaluation
- Preliminary examination of bids
- Technical evaluation
- Commercial evaluation
- Total cost of ownership
- Value for money
- Most Economically Advantageous Tender (MEAT)
- Contract administration
- Purpose of contract administration
- Documents needed to administer a contract
- Contract administration tools
- Role of contract administrators
- Substantial completion
- Lessons learned
- Final settlement
- Claims and variation orders
- Breach of contract
- Money damages
- Equitable remedies
- Changes and modifications
- Alternative dispute resolutions (negotiation, mediation, arbitration)
Meirc Professional Certificate (MPC)
MPC certified courses by Meirc Training and Consulting are designed for those willing to challenge themselves and go the extra distance. Participants who fully attend an MPC course and successfully complete the test on the last day, will receive a Meirc Professional Certificate (MPC), in addition to the one they receive for attendance. MPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.
Project Management Institute (PMI)®
Meirc is a member of the PMI ATP Program. PMI does not specifically endorse, approve, or warrant ATP’s products, courses, publications, or services.
The PMI ATP seal is a registered mark of the Project Management Institute, Inc.
Chartered Institute of Logistics and Transport (CILT)
Meirc is an Approved Training Provider (ATP) in the region for the Chartered Institute of Logistics and Transport (CILT). Established in 1919, CILT is the world’s leading supply chain, logistics and transport professional body with over 33,000 members across the globe. CILT seeks to add value to individual and corporate members by enhancing their knowledge, careers, and businesses by setting, supporting and delivering professional standards and education in the fields of logistics, transport and supply chain. By attending Meirc’s CILT accredited courses, participants can earn CPD units as well as attain modular unit award courses that can be combined for international certification
Visit Website
Per participant
USD 2,350
Fees + VAT as applicable
Tax Registration Number : 100239834300003
20 - 24 Jun, 2021
English
10:00 to 14:00 (UAE)
9:00 to 13:00 (KSA)
12 - 16 Sep, 2021
English
10:00 to 14:00 (UAE)
9:00 to 13:00 (KSA)
