Contract Administration
The aim of this course is 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. The course will also cover contract administration best practices. It also explores the legalities of contract and contractual obligations from the perspectives of a contract manager. This overview and understanding of the operations of Contract Law will therefore better enable persons employed in the role of contract managers to fulfill their responsibilities in an effective way.
- Identify administration tools that are used during the implementation as well as the role of the contract administrator
- Create a system to evaluate contractors and determine their strengths and weaknesses
- Demonstrate the importance of partnership in contract administration
- Prepare for negotiating contract variations and claims in order to reach a satisfactory settlement
The course will utilize lectures with presentations and interactive class discussion. Trainees will also analyze case studies with the supervision of the trainer.
- Roles and Responsibilities of a Contract Manager
- Features of Contract Management
- Enforceability
- An Effective Contract Manager’s Essential Negotiation skills
- Standard form contracts
- Unconscionable bargains and unreasonable terms of contract
- Managing Contract Performance
- Contract Review and Meetings
- Managing Contract Documentation
- Termination of contracts
- Construction of the Contract
- Assessment of damages – the compensatory aim