Project Contract, Commercial and Procurement Management
6 Credits (ECTS)
Project Contract, Commercial and Procurement Management
Get 70% back via Tax Credit
€613 refund on this module
Module Description
This module explores in detail what a contract does (and does not) require each party to do to ensure that projects deliver outcomes that are client-focused, contractually appropriate and organisationally relevant.
It covers key aspects relating to procurement as well as financial criteria, including financial justification, payback and return on capital employed.
You will learn how to build a robust procurement strategy, involving the scope of a contract and what its terms should define, as well as contract planning and the number/types of contracts you should have. The module will also explore risk allocation policy and delve into supply, delivery and payment chains. Other aspects will include the supervision of contract and subcontracts, including channels of communications.
You will also be offered an introduction to law and some background history, as well as general information on the laws governing contracts.
Entry Requirements
Candidates who apply for this course must possess one of the following:
- a Level 6 degree;
OR
- a Level 5 diploma or higher diploma and 5 years’ work experience in a supervisory or managerial role.
Preference is given to applicants having a Level 6 degree in a discipline related to the study programme and a minimum of 3 years’ work experience in management.
Target Audience
This course is targeted at management professionals with supervisory and/or middle management experience such as:
- Operations Manager/ Coordinator
- Financial Manager
- Supply Chain Manager
- Shop Floor Manager/ Supervisor
- Marketing and Sales Manager
- Services Manager/ Supervisor.
- Retail Managers/ Supervisors
- Transport Managers
- Maintenance Managers
- Marketing Managers
The target group focuses primarily on people already employed within supervisory and managerial roles who wish to have a more thorough background in the subject in order to progress further in their careers.
Career Paths
The programme aims to prepare you for senior posts such as that of General Manager, Head of Department or Director of any organisation, both in the private and public sector.
How you’ll be assessed
The course comprises:
- Evening classes for part-time courses.
- Classes held throughout the day for full-time courses.
- Guided learning, presentations, comprising synchronous online discussions, tutorials and/or videos.
- Self-study hours comprising research, reading and assignment work.
Assessment
Assessment is carried out via two mandatory components:
- Modular Assessment
- Dissertation Assessment
The programme includes different forms of assessment which allow for and promote students’ critical engagement. The formative and summative assessment tasks may include an in-class assignment and/or a home-based written assignment using diverse assessment tools which may take the form of online and in-class discussions, examinations, case studies, reports, proposals, essays, and presentations, etc., as applicable to the diverse modules.
Additional Info
Upon successful completion of this course, students will be eligible for a 70% refund of the cost through the ‘Get Qualified’ scheme.**
Due to the modular structure of the course, you may also opt to take individual modules as stand-alone. The entry requirements still apply.***
*Prices are applicable to students who reside in Malta at the time of applying.
**Terms and conditions apply.
Learning Outcomes
Competences:
At the end of the module/unit the learner will have acquired the responsibility and autonomy to:
- Critically formulate core terms to be included in project contracts.
- Critically analyse the principles of various contracts and relationships in the managing of projects.
- Critically compare different roles and duties within the project according to expertise.
- Critically evaluate project environments and the role played by legal concepts.
- Evaluate the role played by arbitration in resolving complex issues.
Knowledge:
At the end of the module/unit the learner will have been exposed to the following:
- Critically discuss theoretical concepts of defining project authority, contractual agreements and procurement theory.
- Appraise the legal implications of managing projects and the formulation of contract law.
- Critically assess the implications of EU policy in the process of tendering for multi-national projects.
- Interpret legal issues in the management of projects.
- Critically assess the environment in which projects are conceptualised, sanctioned and delivered.
- Appraise the awareness and understanding of transactional environment within projects.
- Critically analyse the importance of specialist environmental factors that affect the management of projects.
Skills:
At the end of the module/unit the learner will have acquired the following skills:
- Critically compare theoretical and practical knowledge with respect to common project management problems and communication.
- Critically apply different mechanisms in collaborating with colleagues and course members through off-site and on-site channels.
- Apply IT skills to facilitate logistics and contract procedures.
- Critically apply the knowledge learnt by using appropriate business and academic software.
- Manage contracts by addressing transition management and performance monitoring.
- Monitor various parties to fulfil their commercial and contractual commitments.
Module-Specific Communication Skills:
The learner will be able:
- Communicate plan of action to key stakeholders during different stages of project implementation.
- Write up regular reports to document changes, deadlines and disseminate important information as a means of reference.
Module-Specific Learner Skills:
The learner will be able to:
- Improve personal time management and planning skills in relation to project and contract management.
Module-Specific Digital Skills and Competences:
The learner will be able to:
- Navigate through the online learning platform to find assignments, discussion boards, literature, tutorials etc