Advanced Commercial Aspects of Project Management

Course Contents:

1. Project Management -An overview

Project Management Organization Structures-(Weak/Matrix/Projectized)
Project Selection Methods
Benefit-Cost Measurement Methods
Return on Investment (ROI)
Pay back Period
Net Present Value (NPV)


2. Resource Management - Commercial Implications

Work Breakdown Structure (WBS)
Time-Cost Trade-off - Commercial Implications.


3.Project Cost Estimation and Management

Life Cycle Costing of Capital Investment
Value Engineering in Construction Industry - How to avoid Unnecessary Costs
Project Cost Estimation techniques-overview
Cost Budgeting
Cost Control
Cash Flow
 

Introduction
S-Curves
Schedule Variance (SV)
Cost Variance (CV)
Cost Performance Index ( CPI)
Project Completion cost - Forecast
Variances at Completion

5. Contract/Procurement Management

Essentials of Valid Contract
Typical Contractor Protection Clause
Supplier / Vendor Selection methods
Type of Contracts (T & M, LSTK, Cost-Plus, BOOT, BOT)
Pricing Strategy-> Cost-Based / Price-Based
Letter of Credit (LC)
Contractual Bonds
Shipping Terms (ICC)-INCOTERMS
RFQ / RFP
LOI / LOA
Invoice Errors
Managing Repair & Warranty

1. Express Warranty

2. Implied Warranty

3. Inspection & Acceptance Clauses

4. Product Warranty Clauses

5. Product Repair Clauses

6. Spare Parts Clauses

Liquidated Damages (LD)
Penalty
Bonus
Extra Claims Management
- Price Variations
- Delays 

Course Duration:
  2 days  - 9.0 am to 6.0 pm

Date :
      13, 14 Nov (Sat, Sun) 2008.

Course fee :
        Rs 9,000 + Service Tax. Fee can be paid by DD or Check drawn on “IIPM Chennai” or can be wire transferred at least 7 days before the course start date.

 Venue :
      Star hotel or IIPM’s  air-conditioned , well furnished Training Hall , T.Nagar, Chennai.