Course details

In this program you will learn about... 

This program covers the Best Practices in Quality Assurance and Improvement as Applied to  Contract Management. Program Content includes Examining and Discussion of  the purpose, requirements and conditions of contracts, including contracts for supply, maintenance and construction work. Reviewed the skills needed to award and manage contracts effectively, whether these contracts are related to projects or the purchase of products and services.

You will learn about the Best Worldwide Practices in Contract Administration

  • Methodology
  • Planning
  • Technology Issues
  • Implementation Management

Program Content

Quality Assurance Discussed throughout Program

Contract Management: the problem areas.

What is Quality Assurance in Contract Management.

Types of Contracts :

  • Supply,
  • Maintenance,
  • Construction Fixed Price or
  • Reimbursable Cost EPC

For each type…associated…

  • Productivity Risks
  • Financial Risks
  • Main Conditions of Contract
  • Other Areas of Concern

Purpose, Content, Procedure and What Can Go Wrong in Contract Processes…

  • Prequalification
  • The Tendering Process
  • Evaluation of Tenders
  • Flowcharting the Processes
  • Pre-Qualification and ISO-9000

Preparing the Contract Plan

Negotiating Strategy and Tactics

  • Pre-award Negotiations
  • Negotiation of Changes and Variation Orders
  • Negotiating Disputes and Claims
  • Win-Win Philosophy
  • Expectations Changing Expectations
  • Planning Preparation
  • Tricks others may play

Administering Contracts

  • The Business Legal Environment
  • The Problem Areas
  • Do's and Don'ts
  • Letters Notices
  • Documentation
  • Productivity Killer Attitudes
  • Programs, Progress, Delivery Schedules and Expediting
  • Quality and Substitutes
  • Variation Orders

Claims and Counter-Claims

  • What are they?
  • Minimizing Claims

Your Counter Claims

  • Penalty Liquidated Damages
  • Consequential Losses
  • Insurance
  • Warranty
  • Guarantees

How to effectively use lessons learn't on a Contract.

Preparing Tender Documents

  • Standardization
  • Various Sections - their purpose and significance

Finally you may want to give a thought to…

  • Cost-Benefit Approach to Decisions
  • Longer term interests of company
  • Benefits of Supplier Development
  • Emerging Contract and Procurement Philosophies.
Updated on 05 June, 2016

About PetroTech

Knowledge

The adage that “knowledge” is power holds very true in this industry. In order to maximize results we are constantly updating and upgrading ourselves. This commitment to ongoing skills development is one of the reasons we are success, the belief that there is a “better way to do things” is what motivates us each and every day. By aligning with us you are going to benefit from our years of expertise in real world scenarios. Classroom learning is great but there is no substitute to real world experience which is what we are bringing to the table.

Quality

Billionaire investor Warren Buffett said “price is what you pay but quality is what you get” and that expression is very true. With use we understand that your time is very valuable and you only want the best and most current industry related knowledge which is what we bring to the table.  Instead of giving you massive amounts of inaccurate or outdated information you get precisely what you want, the most current knowledge so you can make truly informed decisions that will directly impact productivity and your bottom line. When results are what you are looking for then the choice is clear, we are your partners in success.

Innovation

Technology has revolutionized the way knowledge is disseminated in throughout the world, what use to take months or even years to reach the masses can be done in a few hours ! In order to remain relevant and viable we need to embrace innovations. The challenge with innovation is knowing when to implement it and what type of return you can expect from it. Instead of risking your time and resources we have the answers for you, Since we are at the vanguard of the industry whenever there is a fruitful innovation we will be there providing you with the information needed to make the right decision.

Respect

We understand you may have unique need so we provide a tailored made (bespoke for our U.K. friends) approach that will address your questions in the most conducive manner possible.  Respect to us means putting your interests, your needs at the forefront of our mind. You will see how genuine we are and that you not just “some customer” you are our partner in success just as much as we are your partner in success. We firmly believe in the “golden rule”, treat others with graciousness, courtesy and respect.  Come experience the difference that quality and respect makes and you will truly be amazed.

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