Learn Primavera Contract Management & Risk Management

Course overview

The administration of the agreement reached by project managers, suppliers, and other project stakeholders prior to the start of the implementation phase is known as contract management. It is an ongoing process that begins with the examination and assessment of the customer’s inquiry and ends when all contract requirements have been met.

It particularly entails the crucial step of negotiating contract terms and conditions and making sure they are followed, as well as accepting and recording any modifications that may occur during implementation or execution. Pre-contract, contract execution, and post-award phases are the usual components of contract administration.

How does Primavera help with the administration of contracts? Primavera contract management offers numerous advantages, such as better oversight of project documents, shortened submittal approval cycles, accountability monitoring, clear communication between parties, and subcontractor oversight and management.

Strong dashboards and reports can also speed up the process of locating crucial information about terms and conditions and contracts with different project stakeholders.

Participants will gain comprehensive knowledge and comprehension of Primavera contract management after taking this Training Bee training course. The skills and information you will acquire in this course will enable you to use Primavera to manage contracts and other associated tasks with ease.

Participants will also get the confidence, know-how, and expertise needed to instruct other professionals on how to use the software for efficient contract management in the Primavera Contract Management Training course.

Participants will be recognized and sought after for taking on important tasks and responsibilities in your organization with the improved skill set and competencies you’ve obtained from this course, which will help you advance your career.

Introduction

Introducing the Primavera Contract Management Training, an extensive course that equips professionals with the abilities and know-how required to use Oracle’s Primavera Contract Management solution for efficient contract management. This course offers a thorough understanding of the features and optimal procedures of this potent platform and is specifically designed for those working in project management, construction, and contract administration.

An effective contract management system is essential to any project’s success in the ever-changing field of project management. One of the powerful tools in the Oracle Primavera package, Primavera Contract Management is made to facilitate contract administration, improve teamwork, and guarantee project success. The goal of this training session is to give learners the knowledge and skills they need to fully utilize Primavera Contract Management.

We are The Training Bee, a global training and education firm providing services in many countries. We are specialized in capacity building and talent development solutions for individuals and organizations, with our highly customized programs and training sessions.

Prepare yourself for an intense educational experience that will enable you to effectively negotiate the complexity of contract management. Together, let’s explore how to fully utilize Primavera Contract Management to ensure the success of your project!

Learning Objectives

Upon completing Primavera Contract Management Training, participants will be able to:

Thorough comprehension and expertise in Primavera contract management
The assurance and expertise needed to instruct other experts in the usage of Primavera for efficient contract management
The information and skills needed to utilize every feature of the program for successful and efficient contract management
The necessary knowledge and expertise to update existing documentation in the software and maintain appropriate documentation, making these readily available upon request
The ability to create the required reports and have them ready for distribution to all parties involved for their review
The capacity to regulate stakeholder transparency and avoid or lessen misunderstandings that can affect a project’s status and progress

Our Unique Training Methodology

This interactive course comprises the following training methods:

Journaling – This consists of setting a timer and letting your thoughts flow, unedited and unscripted recording events, ideas, and thoughts over a while, related to the topic.
Social learning – Information and expertise exchanged amongst peers via computer-based technologies and interactive conversations including Blogging, instant messaging, and forums for debate in groups.
Project-based learning
Mind mapping and brainstorming – A session will be carried out between participants to uncover unique ideas, thoughts, and opinions having a quality discussion.
Interactive sessions – The course will use informative lectures to introduce key concepts and theories related to the topic.
Presentations – Participants will be presented with multimedia tools such as videos and graphics to enhance learning. These will be delivered engagingly and interactively.

Training Medium

This Primavera Contract Management Training is designed in a way that it can be delivered face-to-face and virtually.

Course Duration

This training is versatile in its delivery. The training can be delivered as a full-fledged 40-hour training program or a 15- hours crash course covering 5 hours of content each day over 3 days

Pre-course Assessment

Before you enroll in this course all we wanted to know is your exact mindset and your way of thinking.
For that, we have designed this questionnaire attached below.

In the context of project management, what is Primavera Contract Management’s main objective?
What function does Primavera Contract Management serve in the construction project lifecycle, in your opinion?
Enumerate the top three attributes or capabilities of Primavera Contract Management.
In what ways do these characteristics aid in the effective administration of projects and contracts?
In a project context, how is document control facilitated by Primavera Contract Management?
Describe the value of the Primavera Contract Management platform’s collaborative tools.
What function does Primavera Contract Management serve in the administration of change orders for building projects?
What role does good change order management have in the accomplishment of a project?

Course Modules

This Primavera Contract Management Training covers the following topics for understanding the essentials of the Agile Workplace:

Module 1 – A Synopsis of Contract Administration

Definition
Roles in contract management
Icons and buttons for contract administration

Module 2 – Organizing and Including a Project for Contract Management

Module for contract management
Important contacts
Project Schemas
User authorization
Business listing
Lists of distribution

Module 3 – Utilizing the Workspace

Customizing the log and document windows
Reference books and inclinations
Database for contract management
Printing reports, forms, and logs

Module 4 – Sharing Project Information

Document transfer for contract management
Submissions
Tracking and recording of communications
Recording of meeting minutes

Module 5 – collaborating with the Control Center

Cost chart
Purchase orders and contracts
Patterns
Requests for payments
Bills
Management of Change

Module 6 – Information about Logging and Tracking

Creating a tracking drawing
Management of submissions
Monitoring the delivery of materials
Daily summaries

Module 7 – Conserving Versions of Documents

Overview of document versioning
Version document preferences
Version document feature

Module 8 – Sharing Management Information for Contracts

Interaction of a P6 enterprise project portfolio management (EPPM) schedule with contract management data
Data interchange between contract management and other apps
Saving forms and reports using multi-byte characters

Module 9 – Primavera Contract Management Advantages

Enhanced Document Management
Shortened timeframes for submission approval
Monitoring accountability
Removal of misinterpretations
Control and management of subcontractors

Post-course Assessment

Participants need to complete an assessment post-course completion so our mentors will get to know their understanding of the course. A mentor will also have interrogative conversations with participants and provide valuable feedback.

After training, how have you managed and organized project documentation using Primavera Contract Management’s document control features?
After finishing the course, talk about a specific example of how Primavera Contract Management enabled effective change order management.
What was the platform’s role in streamlining change order procedures and enhancing project results?
After training, assess how you used the Primavera Contract Management collaboration tools. In what ways have these tools improved stakeholder collaboration and communication?
After the session, consider how you have used Primavera Contract Management to manage costs and adhere to budget. In what ways has the platform helped you keep an eye on and control project costs?
Describe a situation when project budgets were positively impacted by efficient cost control strategies.

Lessons Learned

The Basis of efficient Contract Management: Document control is the cornerstone of efficient contract management. With the help of Primavera Contract Management, businesses can set up a strong documentation system that guarantees responsibility, clarity, and openness.

Using Change Order Management to Your Advantage: Projects will always include change orders, and handling them wisely can have a big benefit. With the help of Primavera Contract Management, experts can manage change orders with ease, avoiding hiccups and promoting successful project outcomes.

Collaboration is essential to the success of any project, and collaboration tools improve communication. Primavera Contract Management’s collaboration capabilities make it easier for stakeholders to communicate effectively, which keeps everyone in the loop and advances project goals.

Cost Control for Financial Stability: Project success depends on prudent financial management. Organizations may monitor and control project expenses with Primavera Contract Management’s cost control tools, which encourage budget adherence and financial stability.

Risk Management as a Proactive Measure: Successful projects are characterized by proactive risk management. Organizations may detect, evaluate, and reduce risks early with Primavera Contract Management, which increases project resilience and success.

Integration is the Key to Seamless Project Execution: Integration is the secret to a project that runs smoothly. Project scheduling technologies that are integrated with Primavera Contract Management improve coordination, communication, and overall project efficiency.