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CAA334-1

1 Week Training Program

Managing Turn-Key Projects and Contracts

Building Skills in

  1. Industry Standards Risk Assignment & Clauses

  2. Risk Monitoring including using Data Analytics

  3. Contract Administration & Communications

  4. Usual Disputes & Claims

www.eurotraining.com/bro/caa334-1.php

1 Week Training Programs

Kualalumpur
20-24 Jan 2025
Dubai
3-7 Feb 2025
London
17-21 Feb 2025
New York
2-6 March 2025
Seattle, USA
16-20 March 2025
Istanbul
30 March-3 April 2025
New York
13-17 April 2025
Dubai
27 April-1 May 2025
Kualalumpur
11-15 May 2025
London
25-29 May 2025


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Program Objectives


Provide Skills for:
  1. Protecting Organizational Interests: Equip participants with the skills to safeguard their organization’s interests throughout the lifecycle of Turn-Key projects and contracts, minimizing risks and liabilities.
  2. Administering Turn-Key Contracts for Win-Win Outcomes: Train participants to manage inherent risks in Turn-Key contracts effectively, fostering balanced and mutually beneficial relationships with stakeholders.
  3. Understanding Industry Standards and Risk Allocation: Provide insights into industry-standard risk assignments and contractual clauses, ensuring participants can analyze, negotiate, and administer contracts effectively. Leveraging Risk Monitoring and Data Analytics: Teach participants to use data analytics and AI tools to monitor risks, enhance decision-making, and enable proactive and real-time management of Turn-Key contracts.
  4. Mastering Contract Administration and Communication: Build competencies in contract administration, including effective communication with stakeholders and internal teams to ensure clarity, compliance, and alignment with objectives.
  5. Resolving Disputes and Claims: Provide strategies to address usual disputes and claims in Turn-Key contracts, ensuring timely and fair resolution while protecting organizational interests. Implementing QA/QC and Risk Management Practices: Develop skills for integrating quality assurance/quality control (QA/QC) with risk and contingency management to meet operational and strategic objectives.
  6. Meeting and Exceeding Customer Expectations: Train participants to align Turn-Key project outcomes with customer expectations through effective planning, communication, and execution strategies. Educating and Guiding Internal Teams: Enable participants to educate internal stakeholders on best practices and actions to perform or avoid, ensuring organizational protection and operational efficiency. Applying Good and Best Practices in Turn-Key Project Management: Teach participants step-by-step methodologies for implementing globally benchmarked best practices in Turn-Key project and contract management.

Who should Attend?

  1. All Turn-Key Project and Contract Professionals, Consultants, Managers and IT Data Analysts seeking Domain Knowledge. Participants wishing to take away a good multi-discipline understanding of Turn-Key Project and Contract. New Professionals requiring building a Turn-Key Project and Contract Knowledge Framework.
  2. This Program is Designed for both New and Experienced Turn-Key Project and Contract Professionals. New Professionals will gain Multi-Discipline Multi-Stakeholder Understanding and get productive quickly on their Turn-Key Project and Contract job responsibilities. Experienced Professionals will build a knowledge framework, refresh and develop their Turn-Key Project and Contract knowledge and understanding.

Program Content & Modules

Managing Turn-Key Projects and Contracts

  • Day 1: Foundations of Turn-Key Project and Contract Management
  • Session 1: Introduction to Turn-Key Projects and Contracts
  • Overview of Turn-Key contracts: characteristics and applications.
  • Key differences between Turn-Key, EPC, and other contract types.
  • Session 2: Protecting Organizational Interests
  • Identifying and mitigating risks in Turn-Key contracts.
  • Aligning contract objectives with organizational strategic goals.
  • Session 3: Industry Standards and Risk Allocation
  • Understanding industry-standard risk assignment practices.
  • Key clauses to ensure balanced and effective risk allocation.
  • Day 2: Risk Management and Data Analytics
  • Session 1: Risk Monitoring and Contingency Planning
  • Techniques for identifying and managing inherent risks.
  • Contingency planning to address unexpected challenges.
  • Session 2: Leveraging Data Analytics in Risk Management
  • Tools and technologies for data-driven risk monitoring.
  • Using AI for predictive insights and proactive decision-making.
  • Session 3: Real-Time Decision-Making with Data Analytics
  • Strategies for making faster, better, and automated decisions.
  • Case studies of data-driven risk management in Turn-Key contracts.
  • Day 3: Contract Administration and Communication
  • Session 1: Effective Contract Administration
  • Step-by-step methodology for Turn-Key contract administration.
  • Tracking milestones, deliverables, and compliance.
  • Session 2: Communication Strategies with Stakeholders
  • Techniques for clear and effective communication with customers, contractors, and internal teams.
  • Resolving misunderstandings and aligning stakeholder expectations.
  • Session 3: Educating Internal Teams
  • Guiding internal stakeholders on best practices to prevent unnecessary liability.
  • Building awareness of actions to perform and avoid to protect the organization.
  • Day 4: Addressing Disputes, QA/QC, and Customer Expectations
  • Session 1: Usual Disputes and Claims in Turn-Key Contracts
  • Common sources of disputes and claims in Turn-Key projects.
  • Techniques for resolving disputes efficiently and fairly.
  • Session 2: Integrating QA/QC with Risk Management
  • Designing and implementing QA/QC systems to meet project objectives.
  • Aligning quality control processes with risk and contingency planning.
  • Session 3: Meeting and Exceeding Customer Expectations
  • Aligning project outcomes with customer needs and expectations.
  • Building trust and credibility through consistent communication and delivery.
  • Day 5: Practical Applications and Strategic Planning
  • Session 1: Implementing Good and Best Practices
  • Globally benchmarked practices in Turn-Key project management.
  • Adapting best practices to fit organizational and project-specific contexts.
  • Session 2: Practical Workshop: Turn-Key Contract Administration
  • Simulated exercises in risk assessment, contract administration, and stakeholder communication.
  • Participants practice resolving disputes and monitoring risks using data analytics.
  • Session 3: Developing a Turn-Key Project Management Action Plan
  • Participants create an outline action plan for managing Turn-Key projects in their organizations.
  • Emphasis on risk management, QA/QC, and leveraging technology for decision-making.

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