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Course Overview

It focuses on giving participants the necessary knowledge and processes to be able to understand one’s role in project procurement and read and review contracts.
You will learn how to apply a logical, systematic and comprehensive approach to reading, managing and implementing a contract so that you are confident you fully appreciate what is required of you, your team, and the other contracting parties, to satisfy the legal obligations laid out in the contract.

Learning Outcome

  • Their role in Procurement & Contract Management
  • Processes involved in contract
  • What has been agreed between the contracting parties 
  • What the legal obligations and responsibilities of each are
  • The allocation of risk between the contracting parties
  • What the consequences will be if either party do not comply with the contract 
  • Grasp the importance of being proactive in establishing a project plan; monitoring work and progress, and managing risk
  • Being aware, alert and taking ownership to ensure contracts are adhered to

Target Audience

This course is tailored for Project Managers, Project Leaders, Project Controllers, Contract Manager, Construction Manager, Offshore Managers Contract Administrator, Procurement Department (involved in Projects) & Sub-Contract Department (involved in Projects)

Outline

Course Outline

  • Procurement Processes
  • Project Manager’s role in procurement
  • Importance of being proactive in establishing a project plan
  • Involvement in Project Plan
  • Conduct Procurements
  • Award Contracts
  • Contracts
  • Consequences: if failed to satisfy contractual obligations; exclusion clauses, indemnity clauses, limitation clauses (warranty, liquidated damages, the limit of liability, etc.)
  • Risk Management
  • Dispute Resolution
  • Enforcement Proceedings
  • Close Procurements
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Established in 2000, Project Management Academy (PMA), provides training to organizations focused on improving their project performance. Bult and manned by multi-disciplined professionals with over 100 years of experience, PMA with its strategic partners provide a wide spectrum of end-to-end strategic & tactical services and solutions to fulfill various gaps in project management needs in various industries.

Project Management Academy (PMA) was initiated in Malaysia, Indonesia and Singapore to focus in the area of project management training. PMA, as a global Registered Education Provider (REP), strives to provide world standard content based on best practices for its training. PMA develops competencies based on the vast experiences in Project Management and on the guidelines set by Project Management Institute, Inc.

Project management is our core business and we provide services through these companies:
Malaysia - Project Management Academy | Bridgit Sdn Bhd
Indonesia - PT Project Management Academy
Singapore - Project Management Pte Ltd
South Africa - Bridgit Africa Pty Ltd
Thailand - Software Park
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