Risk and Contract Management
Enrol
This course currently has no scheduled dates. To express interest in this course or to discuss bespoke options for yourself or your organisation, please submit an expression of interest or contact the Professional Education Team on +61 2 5114 5573 or profedcourses@adfa.edu.au
2 days
Online
$1,710.00
$1,710.00
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Overview
Complex, technically demanding projects and a vast range of goods and services are delivered to customers through contractual arrangements. Formulating, negotiating and subsequently managing contracts demands a detailed understanding of what needs to be delivered and the legal requirements. Understanding and managing risks to technical and contractual delivery is critical to success.
Course content
The course will examine:
- the legal underpinnings of contracts and explain the relevant principles of the Law of Contract
- the practical contract provisions and remedies for simple and complex procurement activities
- how to establish customer requirements and how these are translated to unambiguous descriptions of the contractual task
- the nature of risks to the delivery of projects, with particular emphasis on the risks to delivery of acquisition and sustainment activities and how these inform project execution strategies
- risk management and how collaborative contracts can be used to prudently manage risks
- how risks to project delivery and risks to contract delivery are identified
- The legal and commercial risks associated with probity, estopple and variations.
- how to establish contracts which enable realistic sharing of risks between customer and contractor through the use of well-structured contracts, including incentives for bearing a greater portion of the risks.
In this course, attendees can practise risk identification, evaluation and treatment through a series of scenario-based, role-playing exercises, with particular focus on formulation and management of contracts for complex projects.
(updated 22 March 2019)
Learning outcomes
Skills/competencies/knowledge that would be gained through this course:
- Masters credit: UNSW Canberra allows students who have successfully completed a minimum of 12 days of approved professional education short courses to use those courses as credit towards eligible postgraduate programs.
Who should attend
Anyone who needs an understanding of risk management in contracts, business managers, contract managers, commercial managers, operations managers, project managers, technical staff, systems engineers, engineers.
No prior risk or contract knowledge is assumed, although attendance at our Introduction to Project Management course may be of advantage to attendees who do not have a project management background.
Facilitator
Dr John Davies
Parallax Project Management Services principal consultant Dr John Davies is a professional engineer with postgraduate law, business and systems engineering qualifications. Dr Davies possesses a portfolio of skills which encompass all facets of contract management, project management, systems engineering, integration management, risk management, capital equipment procurement, and resource management. He is an experienced Capability Definition Documentation Developer and has authored numerous acquisition risk studies, integration risk studies, Operational Concept Documents and Function and Performance Specifications for the Australian Defence Force. Dr Davies has provided Defence with contract better practice guides and strategic procurement advice across multiple domains.
Reviews
“Every engineering or project manager needs to do this course”
“This course has shown me how our organisation has never been able to produce a reliable system … and now I know what we need to think about”
“I wish I knew this stuff earlier in my career”
“Now I get it”
Cancellation policy
Courses will be held subject to sufficient registrations. UNSW Canberra reserves the right to cancel a course up to five working days prior to commencement of the course. If a course is cancelled, you will have the opportunity to transfer your registration or be issued a full refund. If registrant cancels within 10 days of course commencement, a 50% registration fee will apply. UNSW Canberra is a registered ACT provider under ESOS Act 2000-CRICOS provider Code 00098G.