The Contracts & Project Management MBA: Mastering Success

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