Learn How To:
- Identify contract components and understand the process from start to finish
- Select the right contract type for your project
- Decipher contract “legalese”
- Choose the offer that will result in the best value for the buyer
- Agree on objectives, requirements, plans and specifications
- Negotiate favorable terms and make revisions to the contract
- Apply the “10 rules of contract interpretation” in project disputes
- Administer contracts appropriately and know when and how to terminate before or upon completion
Course Synopsis
As a project manager, you must be able to work effectively with contracting managers, purchasing professionals and subcontractors to accomplish key objectives. Because contracts are developed in an increasingly complex environment, including the rising use of contracted supplies and services throughout government and industry, a solid understanding of the contracting process is critical, and can give you an advantage whether you are on the buyer’s or seller’s side. read more...