Advanced Contract and Project Management

The programme

Programme overview

Advanced Contract and Project Management Masterclass combines critical elements of advanced contract and project management, empowering participants to effectively manage projects within contractual frameworks. The course provides essential skills to handle risks, enhance performance, resolve disputes, and strategically implement projects, ensuring organizational objectives are consistently achieved.

Who should attend

Who is this programme for?

• Contract holders
• Contract & procurement team members
• Project managers and team members
• Project Management Office (PMO) staff
• Project Directors and Sponsors
• Senior Management
• Assurance and quality management professionals

Learning outcomes

What you will learn

By the end of this Advanced Contract and Project Management training, participants will:

• Effectively manage contracts and improve performance
• Address common issues such as scope creep, delays, and cost overruns
• Successfully handle claims, disputes, and contract closeouts
• Apply advanced project management techniques and strategic approaches
• Leverage alternative project delivery methods (Waterfall, Agile, Hybrid)
• Understand key project financing concepts
• Use project maturity models to enhance organizational capability

Explore the programme

Detailed programme outline

Day 1: Advanced Contract Management Essentials

• Introduction to Advanced Contract Management
• Developing Effective Procurement Strategies
• Contract Types: Advantages, Disadvantages, and Risks
• Post-Award Contract Management: Initiation, Planning, and Delivery
• Change and Risk Management in Contracts
• Case Study: Effective Procurement and Contract Initiation

Day 2: Strategic Contract Management Skills

• Relationship and Stakeholder Management
• Advanced Communication and Negotiation Techniques
• Performance and Conflict Management
• Leadership in Contract Management
• Effective Documentation and Record-Keeping
• Case Study: Resolving Stakeholder Conflicts in Major Contracts

Day 3: Handling Contractual Challenges and Closure

• Common Contract Issues and Practical Solutions
• Dispute and Claims Management
• Contract Completion, Sign-off, and Payment Processes
• Contract Closeout Procedures
• Transitioning and Handover Strategies
• Case Study: Managing Complex Claims and Disputes

Day 4: Implementing Strategy and Advanced Project Delivery

• Aligning Projects with Organizational Strategy
• Portfolio and Programme Management Overview
• Managing Benefits and Value Realization
• Advanced Project Delivery Models: Waterfall, Agile, Hybrid
• Project Environment Management and Procurement Strategies
• Case Study: Agile Implementation in a Traditional Project Environment

Day 5: Project Financing, Governance, and Maturity

• Project Finance and Investment Appraisal
• Project Accounting Fundamentals
• Effective Project Governance and Sponsorship
• Leveraging Project Maturity Models
• Ethics, Professionalism, and Continuous Development
• Case Study: Successful Project Governance and Financial Control

This Advanced Contract and Project Management Masterclass equips participants with the strategic insights and practical tools necessary to master project and contract management in complex environments.

Learning approach

How you will learn

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.– Course Material: Access well-crafted supporting resources.– Group Work: Collaborate on discussions and case studies for practical insights.– Workshops & Role-Play: Participate in immersive, scenario-based activities.– Practical Application: Focus on applying theoretical knowledge in real situations.– Post-Training Support: Receive extensive support after training for skill implementation.

Discuss your requirements

Dates, duration & arrangements

Contact Ratomac to confirm dates, duration, delivery format, entry requirements and any applicable assessment or certification before booking.