Contract Management Masterclass - Extract Maximum Value from your Contracts..

ADVANCED

Contract Management

Manage the end-to-end contract cycle and develop organisational capability to sustain this across the contract portfolio.

The workshop aims to equip participants with the capability to manage complex contracts more effectively.  Explore the challenges faced by managers of complex contracts.  Examine a selection of complex issues and discover practical solutions drawing on good practice from procurement, legal and behavioural science.

2 DAY COURSE

LEARNING OUTCOMES

Our practical two-day course will equip you with the knowledge and tools to:

• Select the most appropriate contractual approach to secure cooperation and/or share risk with the contractor.
• Evaluate specifications used in the acquisition of services and develop specifications that define the scope of work to be performed and quality of service to be achieved.
• Identify opportunities to reduce waste and minimise loss in contracting through identifying fraud and reducing complexity.
• Identify when and how performance based contracts can be deployed in the contracting portfolio.
• Design and implement a simple mechanism to capture and share lessons learned with other stakeholders.

BENEFITS OF ATTENDING

• Increased confidence in defining the role of the contract manager and the contract management process.
• More effectively apply the tools of contract management, with particular emphasis on complex contracts for service.
• Lowers the likelihood of role conflict or lack of organisational capacity and/or capability in contract management creating risk for the organisation. 

COURSE OVERVIEW

1 - Key challenges facing contract managers

2 - Developing specifications for services

3 - Early contractor involvement

4 - Cooperative contracting in practice

5 - Reducing complexity in contracting

6 - Detecting and dealing with malpractice

7 - Risk management in practice

8 - Performance based contracting in practice

9 - Capturing lessons learned

AUDIENCE

This workshop will be of benefit to practitioners who are responsible for managing high value and/or high-risk contracts and wish to build on a basic appreciation of contract management.