An effective and efficient working relationship with a vendor is essential to achieving desired project objectives. Key elements are providing the right level of oversight and performing due diligence to protect organization and stakeholder interests while maintaining a collaborative working environment. This one-day course will focus on the oversight responsibilities for managing vendors and contractors on a project, although there will be some time available for discussing service contracts as well. This course is custom designed for a large industrial project environment while benchmarking against well-accepted standards and techniques. Thorough, auditable “right-sized” documentation will be emphasized. This course is intended to provide a platform for discussion of best practices for managing the contractual relationship within various organizations' context, policies and processes.
Participants will gain practical skills to:
This course is designed for senior staff responsible for governance of projects or for providing direction to project managers and other contract management staff, and project managers who want to improve their contract management skills and increase their understanding of roles and responsibilities of managing vendors on a project.
There is no enforced prerequisite for this course; however, it is recommended that participants complete Fundamentals of Industrial Project Management first or have several years of hands-on industrial project management experience before taking this course.
You will receive a course binder containing copies of presentation slides, templates and case study materials.
Roles & Responsibilities