TAP> Contract Administration in a New Business
Description Acquiring contracts and analysing performance requirements, employing fundamental risk management techniques in performance management, comprehending contract changes and handling disputes, and guaranteeing compliance and the administrative closure of contracts are integral steps in effective contract management. What you’ll learn …
Description
Acquiring contracts and analysing performance requirements, employing fundamental risk management techniques in performance management, comprehending contract changes and handling disputes, and guaranteeing compliance and the administrative closure of contracts are integral steps in effective contract management.
What you’ll learn
Learners working towards this standard will be learning towards the full qualification, or will be working within a SMME (Small, Medium, Micro Enterprise) environment, specialising in New Venture Ownership and Management, where the acquisition of competence against this standard will add value to one’s job. This standard will also add value to entrepreneurs who are seeking to develop their entrepreneurial skills so that they can become more marketable for bigger contracts, including commercial and public sector contracts, for example the Department of Public Works programmes. The qualifying learner is capable of obtaining contract and analyse performance requirements, applying basic risk management techniques in managing performance, demonstrating an understanding of contract changes and disputes and ensuring compliance and administrative close-out of contract
Duration: 1 Day
Featured Course
Fundamentals of project management
Course Curriculum
Curriculum
- 4 Sections
- 15 Lessons
- 1 Day
- Unit 1: Obtain and analyse performance required of contract3
- 1.0Contract document is obtained and interpreted in relation to the original business proposal
- 1.1Contract document is analysed and a basic contract administration plan is drawn up to ensure effective contracts management
- 1.2Risks of non-compliance are evaluated against performance requirements and a basic risk management plan drawn up to avoid non-compliance problems
- Unit 2: Apply basic risk management techniques in managing performance4
- 2.0Risk management plan relating to contract is implemented in line with contract requirements
- 2.1Common risk areas are identified and quantified against contract performance requirements and original risk management plan
- 2.2Contract progress reports are obtained and measured against performance requirements and risk management plan
- 2.3Surveillance of risk areas is conducted and appropriate corrective action is taken to avoid negative risk
- Unit 3: Demonstrate an understanding of contract changes and disputes4
- 3.0Contract terms and conditions relating to changes and disputes are identified and understood in order to effectively manage the contract
- 3.1Change and dispute processes are implemented where relevant
- 3.2Changes and disputes are negotiated and documented in order to proactively address potential areas of dispute
- 3.3Where necessary, external advice is sought in dispute resolution to ensure that unnecessary negative business risk is avoided
- Unit 4: Ensure compliance and administrative close-out of contract4
- 4.0Work and performance results are evaluated against contract deliverables to establish that work is completed effectively
- 4.1Contract terms relating to contract termination are understood and implemented according to contractual requirements
- 4.2A basic audit is conducted to ensure that all parties have complied with their obligations
- 4.3Contract is signed off and final administrative procedures are dealt with in order to ensure closure of contract
Requirements
- Grade 11
- NQF Level 3
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Course Features
- Lectures 15
- Quizzes 0
- Duration 1 day
- Skill level All levels
- Language English
- Students 1420
- Assessments Yes