Description

This course covers contract management and changes control processes required to administer contracts or purchase orders in the project context. The course starts with managing the project's stakeholders to identify the people, groups, or organizations that could impact or be impacted by the project, to analyze stakeholder expectations and their impact on the project, and to develop appropriate management strategies for effectively engaging them in project decisions and execution, which consequently affecting the project's contracting and procurement. Moreover, the course covers a variety of contracting and procurement issues essential for professionals working in the project management field such as: planning for purchases and acquisitions, documenting requirements, identifying and pre-qualifying potential contractors, issuing requests for proposals (RFPs), obtaining, and evaluating proposals, selecting contractors, and negotiating contracts using a contract management software system.

Program

MBA

Objectives

• Students will reliably demonstrate the ability to: • Identify stakeholders and manage their engagement. • Identify contract components and understand the process from start to finish. • Select the right contract type for your project. • Administer contracts appropriately, and know when and how to terminate before or upon completion. • Aquent the students with Egypt legal system – Egypt commercial and business. • Specifying the obligations and responsibilities of different parties in the project. • Specifying materials and workmanship. • Conditions of contract for EPC and turnkey project. • The role of contracts in international commerce, issues affecting international contracts. • Procurement management, procurement categories, planning for the procurement of project scope, and procurement risks. • Selection of contract types.