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S005 Contract Management Fundamentals Outline
Public Course Registration
This course applies to all persons who administer contracts of whatever type. It provides a practical insight into relevant areas of contract law and their application to procurement generally, and the contract administration process in particular.
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Contract Fundamentals
- What is a contract?
- Elements of a legally binding agreement
- When a contract may not exist
- Contract termination
- Formation considerations
- Contract documentation
Procurement Principles and Planning
- General principles
- Strategic procurement
- Procurement planning
- Policy, procedures and guidelines
- The Contracts ‘Department’
- Contractor pre-qualification and accreditation
- Request for tender
- Tender preparation
- Tender assessment and award
Common Contract Types
- Contract types
- Traditional contracts
- Relationship contracting
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Administration Requirements
- Overview
- Roles and responsibilities
- Contract administration planning
- Contract administration
- Communication
- Progress and performance reports
Managing the Common Contract Types
- Background
- Security and retention
- Directions
- Variations
- Delay and disruption
- Extensions of time
- Liquidated damages
- Progress measurement and payment
- Practical completion
- Defects liability period
Summary
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Expected Course Outcomes