| Program Detail |
: Contract management is an essential part of project management. Contracts define the agreement between owner and contractor, or contractor and subcontractor, specifying each party's obligations in the execution of projects and how responsibilities and risks are allocated. The contract also functions as the basic written tool for controlling the project: it describes and defines the project, specifies how and when the project will be executed, and serves as the basis for communication among project team members.
This course employs lecture, case study, and class discussion to explore various aspects of project contracts, including types of contractual arrangements and fee options, the elements of project contracts and their purposes, and contract points and contract management examined from both owner and contractor perspectives. The course is broadly applicable, with relevance to such diverse fields as computer software, architecture, engineering, and construction. To maximize the course's relevance to actual work situations, students are encouraged to raise questions and issues from their own work experience in the online message board discussion.
This course is a new requirement for the Certificate Program in Project Management. |