Contract - Execution and Close-Out

This course gets to the heart of ensuring the contract delivers on the promise and any variations are tackled promptly and skilfully. It also takes you through the process of closing-out a contract in a manner that is prudent and compliant.

Location

Date

Duration

2 Days

Time (AWST)

Address

Participants

Total

Overview

In order to maximise the full benefits available from a contract, close monitoring and performance management are essential. This course works through the steps to ensure the agreed contract terms and conditions are delivered and any variations are identified early and, if necessary, renegotiated. You will also learn the process of closing-out a contract, including conducting thorough contract reviews.

Who will benefit

Project managers, site supervisors, mine managers, line managers, engineers, senior administrators and other professionals who engage contractors or who are contractors themselves.

This course is a professional development support program for those undertaking the Diploma of Contract Management.

Content

Implementing and managing contract performance
Managing purchasing agreements
Identifying and negotiating contract variations
Resolving disputes
Managing the ongoing relationships with stakeholders
Reviewing supplier performance
Planning and implementing contract meetings
Reporting contract performance
Closure, renewal or transition of contracts
Termination of contracts
Contract review and continuous improvement.

Learning Outcomes

Participants should be able to:

Plan the implementation and execution of a contract
Oversee the contract and purchasing agreement terms and conditions
Negotiate contract variations
Monitor and report on contract performance
Close-out the contract
Conduct a thorough contract review.

This program is also delivered via a virtual classroom and is indicated by "Virtual" next to the date.