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Course Methodology

 

This course uses individual and group exercises aimed at helping participants learn all key contract management activities. The course also features several case studies, presentations, and role-plays by participants, followed by plenary discussions. In addition, this course incorporates pre-and post-testing.

 

 
Course Objectives

By the end of the course, participants will be able to:

 
  • Outline the essential elements of contracting
  • List the major steps involved in contract preparation procedures, including developing an adequate scope of work, terms and conditions, and sourcing strategy
  • Identify different types of contracts and discuss several contracting strategies, including pricing
  • Describe the process of preparing tenders, developing tender documents, and inviting qualified bidders
  • Use evaluation criteria to select the most appropriate contractors for the project
 
Target Audience

All those involved in any step of the contract pre-award phase of the contracting process, including personnel involved in determining the best contracting strategy, sourcing decisions, and tendering.   

 
Target Competencies
  • Contract preparation
  • Tendering
  • Bids evaluation
  • Writing scope of work
  • Planning pre-award process
  • Understanding bidding process
 
Note

Meirc has been reviewed and approved by the PMI® Authorized Training Partner Program. This course is worth 30 Professional Development Units (PDUs).

  • Overview of Contracting and Tendering
    • Elements of a contract
    • Important concepts used in contract management
    • Problems in contracting
  • Contract Preparation
    • Setting up a contracting strategy
    • Contracting methods
    • Scope of work
    • Implications of a poor scope of work
    • Terms and conditions
    • Determining sourcing strategy
  • Contract Types and Strategies
    • Fixed price contracts
    • Fixed price with economic price adjustment
    • Fixed price with incentives
    • Cost plus fixed fee
    • Cost plus award fee
    • Cost plus incentive fee
    • Time and material contracts
    • Intellectual properties
  • Tendering Procedures
    • Tendering objectives
    • Preparing and developing tender documents
    • Inviting potential bidders
    • Tender briefing
    • Receiving and opening of bids
  • Bids Evaluation and Contract Award
    • Preliminary examination of bids
    • Detailed examination of bids
    • Commercial evaluation
    • Technical evaluation
    • Scoring protocol
    • Methods of awarding a contract

Schedule & Fees


Locations & Date
18/08/2024
23/08/2024
Doha
5500$
English
25/08/2024
29/08/2024
Turkey
5500$
English
03/11/2024
08/11/2024
London
5500$
English
22/12/2024
26/12/2024
Dubai
5500$
English

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