The Contracts & Project Management MBA

• 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

• 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.

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.