CIPS Professional Stage – Elective Subjects

Project & Contract Management

AIM

To develop a knowledge of principles, practices and techniques for the commercial management of projects with particular emphasis on the role of the supply chain specialist.

Introduction

Formal Project Management is progressively becoming the basis of a structural approach to successful achievement of significant change where a multi-disciplinary approach is essential. Projects can range from construction to refurbishment of premises, the introduction of new Information Technology systems, to outsourcing of contracts to suppliers for work previously carried out in-house, such as facilities management or other operations. The Supply Chain specialist in both the private and public sectors should have a vital role in the planning and control of projects, as well as the development and on-going management of resulting contracts with suppliers.

Project Management Methodology

  • The varying nature of project work in business.

  • Setting objectives for procurement projects.

  • Planning, organising, co-ordinating and controlling projects.

  • Teamwork, leadership and motivational aspects of project management.

  • The use of IT software systems for improved project and contracts management.

Project Appraisal and Assessment

  • Project appraisal, including methods of investment appraisal and assessment of risks.

  • Pre-contract considerations with regard to the use of consultants, hire of staff, joint ventures and sub-contractors.

  • The use of project partnering and best value.

  • Using tendering processes taking into account the EU Procurement Directives, award criteria, open, restricted and negotiated procedures.

Contractual Issues

  • Approaches to the development of contract strategies, competitive or negotiated, turnkey or multiple, design/build/ and operate.

  • Developing the contract; the specification, performance measures and the contractual terms.

  • Sub-contracting and assignment, including contractual relationships the purchaser's (employer's) rights, the extent of contractor's liability and nominated sub-contractors.

  • Pricing methods.

  • Acceptance of tenders.

  • Legal considerations with regard to the choice of contract terms.

  • Dispute resolution.

  • Clauses covering payment, default, unforeseen circumstances, delay and liquidated damages, defects and maintenance, indemnity and insurance, patents and copyright.

  • Contract Management.• Contract control, including network analysis techniques, measuring and reporting progress.

  • Cost control, with regard to certification and payment.

  • Management and negotiation of variations and claims.

  • Monitoring and negotiating improvement to supplier performance.

  • Contract closure, liability for defects.

  • Post implementation appraisal.

CIPS - MCG Centre Number - 005031578