Course Description
This intensive 10-day MBA program provides a comprehensive understanding of contracts and project management. Participants will gain practical skills in project planning, risk assessment, contract negotiation, and team leadership. The course combines theoretical knowledge with real-world applications to prepare professionals for success in managing complex projects and contracts.
Learning Objectives
- Develop advanced project management skills and methodologies
- Master contract negotiation, administration, and risk management
- Enhance leadership and team management capabilities
- Improve decision-making in complex project environments
- Learn to align project outcomes with organizational strategies
Course Modules
Day 1: Fundamentals of Project Management
- Project lifecycle and methodologies
- Stakeholder analysis and management
- Project charter and scope definition
- Introduction to project planning techniques
Day 2: Advanced Project Planning
- Work breakdown structures (WBS)
- Critical path method and schedule development
- Resource allocation and leveling
- Budget planning and cost estimation
Day 3: Contract Management Essentials
- Types of contracts and their applications
- Contract law fundamentals
- Key contract terms and conditions
- Contract risk assessment and mitigation
Day 4: Contract Negotiation and Administration
- Negotiation strategies and tactics
- Contract performance management
- Change order management
- Dispute resolution techniques
Day 5: Project Risk Management
- Risk identification and assessment methods
- Quantitative and qualitative risk analysis
- Risk response planning
- Contingency planning and management reserves
Day 6: Project Execution and Control
- Performance measurement and earned value management
- Quality control and assurance
- Issue management and escalation procedures
- Progress reporting and stakeholder communication
Day 7: Leadership in Project Management
- Leadership styles and situational leadership
- Team building and motivation techniques
- Conflict resolution in project teams
- Emotional intelligence in project management
Day 8: Procurement and Vendor Management
- Procurement planning and strategy
- Vendor selection and evaluation
- Contract administration best practices
- Supplier relationship management
Day 9: Project Closure and Lessons Learned
- Project closure processes and documentation
- Post-project evaluation techniques
- Capturing and applying lessons learned
- Knowledge management in project environments
Day 10: Strategic Project Management
- Aligning projects with organizational strategy
- Portfolio and program management
- Project management office (PMO) implementation
- Emerging trends in project and contract management
Practical Wins for Participants
- Ability to lead complex projects from initiation to closure
- Enhanced skills in contract negotiation and risk management
- Improved decision-making capabilities in project environments
- Strategies for aligning project outcomes with organizational goals
Credits: 5 credit per day
Course Mode: full-time
Provider: Blackbird Training Centre
