Course Title:

Advanced Project Controls & Contracting (MCPM Workshop 3) – Certified Program

Course ID:

190824 0101 3060ESH

Course Dates :

19/Aug/2024

 To

23/Aug/2024

Course Duration :

5

Course Location:

London

United Kingdom

Course Fees GBP £ :

Primary Price

£4,555.99

VAT may vary depending on the country where the course or workshop is held

Course Fees USD $:

Advisory Price

$5,829.09

VAT may vary depending on the country where the course or workshop is held

Course Category:

Professional and CPD Training Programs

Construction Management, Contract Tendering, Contract Budgeting, Contract Estimating

Course Certified By:

* Professional Training and CPD Programs
Leading to : Executive Diploma Certificate
Leading to : Executive Mini Masters Certificate
Leading to : Executive Masters Certificate

* ESHub CPD
* LondonUni - Executive Management Training
* Others

United Kingdom

Secure Your Place

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Course Information

Introduction

This five-day program covers a variety of advanced topics that will help you improve your ability to satisfy your stakeholders’ success criteria. You will learn how to evaluate your own performance as a project manager, how to identify organizational weaknesses that interfere with benefits realization, and how to recognize and compensate for weaknesses in Critical Path analysis.

In addition, you will learn a structured approach to identifying, selecting, and managing contracts; how to use project dynamics to address intractable problems; and how to analyze and understand cultural differences that so often cause problems in multinational projects.

Approximately 50% of class time is devoted to casework and experiential learning. During hands-on exercises, you will work as part of a team to solve a technically challenging project, and to apply the techniques of win-win negotiating to a challenging case study.

Objectives

Upon completion, you will be able to:

• Evaluate your own performance as a Project Manager against objective criteria
• Appraise your organization’s overall project management competence
• Explain why critical path analysis almost always underestimates the project duration
• Identify the basic elements of a contract
• List the eight factors that cause most contract disputes
• Differentiate common contract types
• Assess corrective action using systems thinking concepts
• Address cultural differences within your project team

Who Should Attend?

These programs are designed for individuals who have or expect to have responsibility for leading or managing a project, subproject, or project phase. Newcomers will learn new skills. More experienced managers will enhance their ability to apply what they already know.

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

Secure Your Place

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Course Outlines

Week 1

Day One

Introduction
• Project management professionalism around the world
• Types of assessments and credentials
• Basics of performance-based competence assessment

Assessing the Performance of Individual Project Managers
• What are the right things to do?
• How do you know if you are doing them right?
• Planning for self-improvement

Assessing Organizational Support for Project Management
• The elements of organizational competence
• Assessing your organization
• Planning for improvements

Day Two

Advanced Scheduling Topics
• Review of key concepts and definitions
• The Scheduling Wheel: scheduling as an iterative process

Sequencing
• Activities, dependencies, and milestones
• Four types of dependencies (and one to avoid)
• Dealing with repetitive work

Schedule Development
• Critical Path analysis
• Understanding critical path calculations
• Probabilistic analysis (Monte Carlo) to deal with uncertainty
• Resource leveling and resource smoothing
• Project and personal calendars

Managing the Schedule
• A scheduling checklist
• Managing float
• Optimization techniques: crashing and fast-tracking
• Status reviews and schedule metrics

Day Three

Contracting Fundamentals
• Projects, procurement, and contracts
• Understanding the buyer-seller relationship
• The four required elements for a valid contract

Procurement Planning
• Statement of Work: required and optional elements
• Procurement management plan
• Types of procurement documents
• Preparing the procurement documents: what to include, what to omit

Selection
• Should you go sole source?
• Different approaches to bidding
• Four techniques for evaluating the responses

Contract Management
• High priority contracting risks
• Improving communication between buyer and seller
• Alternative dispute resolution
• Contract closeout

Day Four

Contractual Issues: Conduct of the work • The importance of clear specifications
• Is the price reasonable?
• Advantages and disadvantages of three different contract types

Contractual Issues: Assurances for both parties
• Product performance guarantees
• Financial guarantees: payment and performance bonds
• Warranties: coverage, responsibilities, damages
• Limitation of liability

Day Five

Project Dynamics: the Law of Unintended Consequences
• The project as a system: flows and feedback
• Basics of Casual Loop Diagrams

Increasing Your “Cultural IQ”
• Understanding ethics: choosing when there are no good options o Managing across cultural divides

Secure Your Place

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

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