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The Contracts & Project Management MBA

The Contracts & Project Management MBA is a uniquely crafted programme that bridges the gap between contractual understanding and effective project management. In a rapidly evolving business world, the success of large-scale projects hinges on sound contractual knowledge and robust project management skills. This comprehensive MBA course is designed to offer an in-depth understanding of how to govern complex contracts and lead projects to successful completion. Through a thorough exploration of Contract Lifecycle Management and Strategic Project Leadership, participants will gain skills that empower them to oversee projects from inception to delivery while maintaining alignment with organisational goals and regulatory standards.

With a focus on practical applications, this course offers the essential tools and insights needed to excel in high-stakes environments where contracts, legal considerations, and project outcomes intersect. This course at Dubai Premier Centre (DPC) goes beyond theoretical aspects, offering a real-world approach to Risk Assessment in Project Contracts and Advanced Negotiation Techniques. It provides participants with a rigorous foundation in the Legal Framework in Contracting, equipping them to handle the complexities of project-related contracts across various industries and global jurisdictions. By integrating Global Project Management Standards and Cross-Cultural Contract Management principles, this MBA programme prepares professionals to address the unique challenges of international projects, adapting strategies to meet diverse cultural, legal, and business landscapes.

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  • Schedule
December 16, 2024
January 13, 2025
February 10, 2025
March 17, 2025
  • Objectives and Target Group

The Contracts & Project Management MBA aims to develop competent professionals who are proficient in both contract management and project execution. Through an immersive learning experience, participants will acquire a strong command of the skills necessary to manage project risks, oversee resources, and negotiate effectively in high-pressure environments. Specific objectives include:

  • Developing advanced expertise in Contract Lifecycle Management, ensuring participants can manage contracts from initial drafting to closure and post-project audits.
  • Equipping participants with Strategic Project Leadership skills, enabling them to inspire teams, allocate resources effectively, and drive projects toward successful outcomes.
  • Providing knowledge of Risk Assessment in Project Contracts to prepare participants to identify, assess, and mitigate potential risks that could impact project objectives.
  • Enabling a thorough understanding of Project Financial Planning to ensure project resources are utilised efficiently, aligning with both project goals and financial constraints.
  • Familiarising participants with the Legal Framework in Contracting relevant to various industries, enhancing their ability to navigate legal challenges and remain compliant with contractual obligations.
  • Instilling a deep comprehension of Global Project Management Standards and Cross-Cultural Contract Management to prepare participants for international project settings.
  • Teaching Stakeholder Engagement strategies to improve project alignment with organisational objectives, fostering positive relationships with stakeholders and enhancing project outcomes.
  • Training participants in Dispute Resolution in Contracts to handle conflicts effectively, safeguarding project continuity and fostering constructive resolutions.
  • Enhancing knowledge of Contractual Compliance and Auditing to ensure project activities adhere to established standards, reducing risk and promoting accountability.

Target Audience

The Contracts & Project Management MBA is ideal for professionals who seek to deepen their knowledge and skills in contract and project management. This course is tailored to:

  • Contract managers and project managers responsible for overseeing complex projects across various industries.
  • Senior executives and department heads involved in strategic decision-making, looking to enhance their understanding of contract and project lifecycle management.
  • Legal professionals and contract administrators involved in drafting, reviewing, or negotiating project contracts who wish to broaden their strategic project management capabilities.
  • Procurement and supply chain managers engaged in Supply Chain Contracting and looking to enhance their skills in Resource Allocation Strategies and contractual negotiations.
  • Risk management and compliance officers who need to understand the intricacies of Risk Assessment in Project Contracts and Contractual Compliance and Auditing to effectively oversee project activities.
  • Professionals working in multinational environments who want to gain insights into Cross-Cultural Contract Management and the Global Project Management Standards applicable to diverse project settings.
  • Project finance managers seeking to expand their knowledge of Project Financial Planning and learn how financial constraints and considerations influence contractual decisions.

This course is suitable for individuals who aspire to lead projects on a global scale and effectively manage contracts in diverse legal, cultural, and organisational contexts.

  • Content

The Contracts & Project Management MBA curriculum is designed to provide a comprehensive and practical understanding of both contract management and project execution. The course content is divided into key modules that cover essential aspects of the field, as detailed below:

Fundamentals of Contract Lifecycle Management

  • Contract Drafting and Review – Detailed exploration of the critical stages involved in drafting and reviewing contracts, focusing on clarity, precision, and risk mitigation.
  • Contract Approval Processes – Examines the approval workflows required to maintain compliance and governance across the contract lifecycle.
  • Change Management in Projects – Emphasises managing contract modifications effectively to minimise disruption and ensure smooth project progression.

Strategic Project Leadership

  • Project Vision and Leadership – Tools and techniques to lead project teams with a clear vision, enhancing morale, productivity, and performance.
  • Resource Allocation Strategies – Methods for optimising resources, including human, material, and financial resources, to maximise efficiency and minimise costs.
  • Stakeholder Engagement – Best practices for aligning project goals with stakeholder expectations to foster cooperation and support throughout the project lifecycle.

Risk Assessment in Project Contracts

  • Risk Identification and Assessment Techniques – Strategies for pinpointing potential risks, assessing their impact, and developing contingency plans.
  • Risk Mitigation in Contracts – Detailed guidance on structuring contracts to minimise risks and address possible liabilities in project execution.
  • Contractual Compliance and Auditing – Insights into ensuring contract compliance through structured audits, monitoring, and performance assessments.

Advanced Negotiation Techniques

  • Negotiation Strategies and Tactics – Core negotiation skills for achieving favourable outcomes without compromising project or organisational goals.
  • Cross-Cultural Negotiation – Guidance on adapting negotiation techniques for diverse cultural contexts, ensuring mutual understanding and respect.
  • Dispute Resolution in Contracts – A thorough exploration of conflict resolution techniques, focusing on achieving amicable solutions that preserve project timelines and relationships.

Financial Planning and Budgeting for Projects

  • Project Financial Planning – Strategies for developing realistic and effective project budgets that align with organisational objectives.
  • Cost Control and Monitoring – Techniques for tracking and controlling costs to ensure the project remains within budget.
  • Performance Metrics in Project Management – Identification of key performance indicators (KPIs) to monitor project health, productivity, and financial status.

Legal Framework in Contracting

  • Contractual Obligations and Rights – Overview of legal rights and responsibilities within various types of contracts to ensure compliance.
  • Global Project Management Standards – Discussion of international standards and their applications to ensure projects align with global practices.
  • Cross-Cultural Contract Management – Examination of legal considerations in multicultural environments, equipping participants to handle international contracts effectively.

Supply Chain Contracting and Procurement

  • Supply Chain Contracting – Insights into managing contracts within the supply chain to streamline procurement and enhance efficiency.
  • Supplier Relationship Management – Techniques for establishing and maintaining strong relationships with suppliers, ensuring continuity and quality.
  • Ethics and Compliance in Procurement – Emphasis on ethical practices and compliance within procurement processes to foster transparency and accountability.

Change Management in Projects

  • Strategies for Managing Change – Tools and frameworks for addressing change in project requirements or objectives without compromising timelines.
  • Impact of Change on Contracts – Understanding how contractual agreements adapt to project changes and managing associated risks.
  • Communication and Stakeholder Management – Strategies for ensuring transparent and effective communication during periods of change to maintain stakeholder trust and support.

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