The Contracts & Project Management MBA

The Contracts & Project Management MBA is a comprehensive training course designed to enhance the skills and competencies of professionals involved in project and contract management. This PMI® Registered Training Course focuses on critical aspects of contract management and project planning, targeting individuals from various backgrounds such as tendering, purchasing, contract administration, engineering, operations, finance, and maintenance. By mastering best practices in project and contract management, participants will lead to reduced costs and increased productivity within their organizations.The MBA program consists of two modules: 'Mastering Contracts Management' and 'The Oxford 5-Day MBA.' Each module can be taken independently, but for optimal benefits, participants are encouraged to complete them consecutively over two weeks. The course covers essential topics such as contractor selection, negotiation strategies, risk analysis, team leadership, and performance measurement. Instruction will be delivered through a combination of lectures by seasoned practitioners, group discussions, and practical exercises. Attendees will also receive a comprehensive training seminar manual, both in printed and digital formats, to support their learning.Participants will engage in discussions related to their specific challenges and share experiences relevant to their industries in a confidential setting. The training course aims to equip attendees with practical skills for managing project and contract activities effectively, ultimately leading to higher job satisfaction, increased recognition, and professional advancement. Key learning outcomes include understanding project management fundamentals, planning and organizing projects, implementing and controlling project execution, managing risks, and leading stakeholders effectively.The course is structured over ten days, with the first five days focusing on project management principles such as defining project scope, managing the triple constraint, and performance measurement. The second module emphasizes contracting practices, including procurement processes, contract types, payment structures, and effective negotiation techniques. By the end of the course, participants will receive a PetroKnowledge Certificate/E-Certificate, certifying their newfound expertise in contract and project management.