Event registration will be situated at the Registration Table on the convention floor of the hotel, please follow the signs from the lobby to the convention floor.
Seminar Focus:
· Aligning project financials with corporate strategy
· Setting, measuring and optimizing project financial KPIs
· Planning for effective contracting and procurement
· Selecting the right contract type and structure
· Managing contract risk and reward
· Aligning project objectives with contracting strategy
· Creating effective Statements of Requirements/Work
· Practical management of financial and contract risks in projects
· Proactive claim prevention
· Analyzing and managing contractual claims and disputes
· Understanding complex contractual structures
· Contracting for effective project delivery
Overview:
Despite the effectiveness of your project management, organizational success is measured in terms of its achievement of strategic objectives. Inevitably these objectives must include financial targets. Put simply, it is not sufficient to deliver projects to scope, time, cost and quality requirements. Projects must be clearly and measurably aligned with corporate program and portfolio objectives using appropriate performance indicators. They must optimize both revenue and costs targets, and efficient use of project working assets.
Similarly, despite project success, the achievement of corporate targets and particularly financial targets, are dependent on the nature of related contractual agreements. Whether your company is a buyer of services, a seller of services or both, organizational success is directly dependent on the nature of your contracts. An effective contracting strategy balances risk and opportunity between buyer and seller, and, importantly, motivates the right type of performance.
These are not intangible concepts: this seminar takes a wide-ranging view of the finance, contractual, and risk concepts of successful and profitable project delivery, fully aligned with corporate objectives. More importantly it reviews the practical methods and measurements that your organization can put in place.
The seminar will provide a good working knowledge of each practical area, sufficient to initiate these tools and techniques in practice. The seminar uses worked examples and class discussion to ensure that participants are able to apply tools in their real-world working environment.
KTC International is a training & consulting firm, specializing in brining leading international speakers to cities across Europe. Our events aim to help delegates and their organizations to achieve strategic goals by proper implementation of project management tools & techniques, smooth business change and use of technology.
People presenting at our events are those who set the global standards and include coveted PMI Global Congress speakers, such as Dr. Prasad Kodukula, Karl Muenchow, Liam Dillon, Dr. Richard Graham or Roger Burlton, among many others.
KTC International was established in 2003 with headquarters in Budapest, Hungary. With a track-record spaning over 12 years, we have been instrumental in organizing over 500 different congresses, conferences, forums, round-tables, seminars, workshops and specialized in-house events, which gathered more than 10,000 people in total.
For more information visit: www.ktc-international.hu
Event registration will be situated at the Registration Table on the convention floor of the hotel, please follow the signs from the lobby to the convention floor.
SESSION 1: THE PROJECT AS A BUSINESS ENTITY
· Financial responsibility within the project
· Understanding project financial statements
· Aligning project financial KPIs with corporate strategy
· Setting and measuring project financial KPIs
· Optimizing project revenues and costs
· Optimizing project asset utilization
SESSION 2: PROJECT COST OPTIMIZATION
· Understanding cost behavior
· Discounted cash flow methods
· Applying Economic Value Added analysis
· Optimizing risk profile
>>> Coffee & Networking Break at 10:30 <<<
A great opportunity to engage in a casual chat with Rick Graham and your fellow delegates. Lunch will be served at the main hotel restaurant, providing a variety of specialties ranging from traditional Croatian food to best international cuisine.
SESSION 3: DEVELOPING A CONTRACTING AND PROCUREMENT STRATEGY
· Planning for effective contracting and procurement
· Integrating multiple contracts
· Managing and allocating risks in contracts
· Contracting methods
· Optimizing contract pricing and contract incentives
· Selecting the right contract type and structure
SESSION 4: CONTRACT DEVELOPMENT
· Linking contracting strategy to project objectives
· Writing effective Statements of Requirements/Work
· Defining evaluation criteria
· Issuing procurement documents
· Identifying hidden costs in contracts
· Selecting the right supplier
>>> Coffee & Networking Break at 14:30 <<<
Event registration will be situated at the Registration Table on the convention floor of the hotel, please follow the signs from the lobby to the convention floor.
SESSION 5: MANAGING CONTRACT AND FINANCIAL RISK
· Risk and uncertainty
· An effective risk management process
· The nature of financial and contract risks
· Practical identification of contractual risks
SESSION 6: CLAIMS MANAGEMENT
· Legal analysis of claims
· Identifying valid claims
· What may a contractor claim for?
· What may a seller claim for?
· Effective dispute resolution
>>> Coffee & Networking Break at 10:30 <<<
A great opportunity to engage in a casual chat with Rick Graham and your fellow delegates. Lunch will be served at the main hotel restaurant, providing a variety of specialties ranging from traditional Croatian food to best international cuisine.
SESSION 7: KEY LEGAL CONCEPTS
· Legal structure of complex contractual agreements
· Contracting Parties and Authority to Contract
· The golden 10 Terms and Conditions
· Contract Interpretation
SESSION 8: EFFECTIVE CONTRACT MANAGEMENT
· Essential contract documentation
· Performance monitoring and control
· Change management
· Terminating or closing the contract
CLOSING SESSION AND ACTION PLANS
>>> Coffee & Networking Break at 14:30 <<<
This unique 2-day practical workshop helps participants improve their skill-set in 4 key, but often neglected areas of project/program management. Namely, in Financial Management & Project/Program Governance; in Project/Program Procurement Management; in Risk & Claims Management and last, but not least - in Project/Program Contracts Management. It will be especially beneficial to:
Project Managers
Project Team Leaders
Senior Project Managers
Project Sponsors
Program Managers
PMO Managers & Directors
Portfolio Managers
Anyone dealing with Projects & Programs
This workshop will be of benefit to delegates who want to effectively manage projects and programs in corporate environment. The 2-day training course is crafted as fine blend of corporate best-practices, theory and methodology and practical group exercises. The workshop focuses on:
Understand the principles of financial, procurement, contractual and risk processes and management and how to apply these to day-to-day project and program management best practice
Develop tools and techniques for identifying, planning and managing project's and program's financial, procurement, contractual and risk processes and resources
All registration fees are gross and no additional taxes or hidden charges shall be applied. The registration fee covers the following items:
Participation in all sessions
Pre-course survey to help the Speaker customize the content of the event
A course hand-book and other printed materials
Electronic copy of all presentation slides and other media, sent immediatelly after the event
Lunch and coffee-breaks during both days
Certificate of Attendance, awarding 16 PDUs to PMI credential holders
Yes, there are several packages available to organizations sending multiple delegates. Click on DOWNLOAD PDF BROCHURE tab above for details.
3+1 early-bird discount (25%) for 4 delegates, until December 30, 2016
4+2 early-bird discount (33%) for 6 delegates, until December 30, 2016
4+1 group discount (20%) for 5 delegates, after the early-bird expiery
If you have more than 6 people, please contact us for a customized offer, using the form below.
Hotel & Congress Center Antunovic
Zagrebacka avenija 100 A,
10090 Zagreb, Croatia
+385 (0) 1 2041 121