Managing Risks and Procurements in Projects

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3 day(s) , 18 instructional hours

About This Event:

Everything you do to manage a project is really about managing risk. It is certain that if you don't manage risk, it will manage you and derail your project. While the topics of risk and contract management are not the most exciting aspects of project management, knowledge of them is essential. Since you can't anticipate everything that might go wrong, you will learn how to use a process to identify, quantify, and mitigate many of the things that could wreck the job you're doing. Most importantly, the instructor for this program has many years of experience in managing projects, and can help you take advantage of that experience in your own projects. The key to effective learning is relevance, so this event is led through team and skill-practice exercises in the risk management section.

Recommended For:

Project managers whose jobs involve engineering, data processing, information technology, construction, research and development, manufacturing, maintenance, corporate planning, finance, marketing, and quality.

You Will:

Receive defining information on the types and sources of risk
Take home the necessary tools to handle risk.
Receive an overview of contract administration and explore each of the steps involved in handling contracts.

Topics Covered Include:

Identifying significant risk factors
Conducting a SWOT assessment
Controlling major risk factors
Developing a procurement plan
Conducting a solicitation
Making award determinations
Managing contracts after the award
Closing-out a contract
Techniques for handling the solicitation, awarding, and execution of contracts.

Additional Information:

This event is an elective for the Project Management Certificate.

Instructor(s):

Instruction Provided by the Lewis Institute, Inc.

The Lewis Institute has built a reputation for delivering practical, hands-on instruction that provides tools and techniques you can use immediately upon leaving the seminars to manage your own projects. The Lewis Institute insists that all of their instructors have real-world experience managing projects, so that they can go beyond the workbook content and answer your questions. Questions such as, "What to you do when....?" and "How do you handle a situation in which...?" These are the kinds of concerns that people have when they attend our programs; they want more than a textbook answer - they want "meat and potatoes."

You will also find the instructors very generous with their time in answering questions both during the class and after it is over. They freely give their email addresses to their clients and invite them to correspond with them. They treat you as a client, not a customer. The difference - a client is someone you care for, whereas a customer is simply someone who buys from you. The Lewis Institute is proud of their reputation and pleased to be working with the Office of Professional Development and the Industrial Extension Service to bring you the finest continuing education experience that you will find anywhere.