FULLY BOOKED Contract Strategy Seminar

The APM's Contracts & Procurement SIG, in association with the Yorkshire & North Lincolnshire region presents a seminar on the afternoon of 8 July 2009

Aim : To fulfil the need of project managers and project based procurement professionals for knowledge and the intelligent application of different contract strategies.

Objectives : To give a brief overview, for each of the principal contracting strategies and their variants on : What they are What the advantages of each are What the disadvantages of each are When to use them

Agenda : Overview of a process for developing the procurement strategy, including principals of risk allocation and sharing Priced based routes : Payment by Quantity : Bills of Quantities; Schedule of Rates. Payment by Progress : Lump Sums; Milestones; and Activity Schedules Cost based routes : Cost Reimbursable; Target Cost (& derivatives); Management contracting & Construction management; Project Alliances. Longer term arrangements : Frameworks, Public Finance Initiatives, Public Private Partnerships (inc. Joint Ventures). The programme will be interspersed with worked examples for the participants to develop their retention and understanding of the material. While it will be taught using construction terminology, as well as identifying terminology used in other sectors, the principals and applications are universal to projects from all sectors.

In order to make the session interactive, space is limited to 30 participants