Contract Administration: Understanding and Implementing Contractual Obligations - Virtual Learning

Contract Administration: Understanding and Implementing Contractual Obligations - Virtual Learning

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.

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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

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

Course Outline
  • Principles of Contracts
    • Elements of a contract
    • Contract framework
    • Purposes of contract administration
    • Difficulties encountered in contract administration
    • Competencies of contract administrators
  • Contract Administration Tools
    • Knowing your contract
    • Contract provisions affecting implementation
    • Roles and responsibilities of contract administrators
    • Tools and techniques for contract administration
      • Dissection technique
      • Records management system
      • Change control system
      • Issues and risks logs
      • Developing schedule plans 
      • Performance reporting
      • Lessons learned
      • International contracting
  • Contractor Evaluation
    • Questionnaire and surveys
    • Key Performance Indicators (KPIs)
    • Targets and benchmarks
    • Service Level Agreement (SLAs)
    • Managing subcontractors
  • Changes, Claims, and Disputes
    • Change process
    • Breach of contract
    • Money damages
    • Claims and disputes
    • Alternative Dispute Resolution (ADR)
      • Mediation
      • Arbitration
  • Post-Award Negotiation
    • Secrets of successful negotiation in contracting
    • Negotiation preparation 
    • Negotiation objectives
    • Negotiation guidelines
    • Resolving deadlock
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

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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.

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