COMMERCIAL SOLUTIONS
	Training
	Intermediate Project Management Courses

Managing the Project's Contract
- One-Day Seminar

Program Number: PMGNOM
PDUs: 6

1.0 Introduction

• Seminar member introduction and overview of course material

2.0 Procurement Process

• Identify steps involved in the procurement cycle
• Acquire the tools and techniques for procurement planning
• Determine the steps in making the make or buy decision

  Group exercise on making the make or buy decision

3.0 Solicitation Planning

• Discover the steps involved in solicitation planning

4.0 Contract Formation

• Define the steps in contract formation
• Identify different contract types and when to use them

  Group exercise on putting together a contract

5.0 Go to Bid

• Learn to do the formal solicitation
• Learn the normal solicitation cycle
• Identify the best proposal
• Learn the basics and steps of negotiating the contract

  Group exercise on negotiating

6.0 Contract Administration

• Discover the basics of change control
• Learn the basics of payment control
• Perform basic contract performance reporting
• Monitor and control contract performance

7.0 Contract Closeout

• Closeout the contract
• Learn about formal acceptance and release of a contract
• Learn the importance of celebrating your contract success

  Group exercise on closeout contract