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Commercial AwarenessTraining

I will present a Power Point presentation in order to provide in house Commercial Awareness Training to achieve a basic but sound knowledge of the contract requirements in order to achieve the following overall typical objectives

  • To increase Commercial Awareness of staff and managers  by the better  understanding of contractual requirements and conditions  in order to  maximize potential revenue and therefore profit.
  • To identify and eliminate or reduce risks and therefore losses caused by poor management of project information and poor management of subcontractors, changes to programme and scope.
I will ask for the clients staff organisation chart and the associated roles and responsibilities in advance of the training.

I would recommend that all levels of staff are involved so they see the whole contractual process and see where their particular role fits in.

In order to provide the most cost efficient method of delivering the required training to staff I employ a modular form of delivery which gives an overview of the commercial processes from the “Invitation to Tender” to the completion of the “Final Account” including a basic coverage of all the subjects listed below but with emphasis on the subjects applicable to the particular delegate audience –

General Level 

1.    Invitation to Tender
2.    Tender Review of risks / opportunities
3.    (Tender ) Programme
4.    Design
5.    Pricing
6.    Form of tender
7.    Return of tender ( offer )
8.    Letter of intent
9.    Acceptance of tender ( acceptance )
10.  Formation of contract ( contract )
11.  Form of agreement
12.  Contract Conditions 
13.  Timely Notices / Procedures
14.  ( Contract ) Programme(s)
15.  Design
16.  Procurement
17.  Cost Control
18.  Delivery / installation / Site works
19.  Records / Standard Forms
20.  Variations / Change procedures
21.  Extension of Time / Prolongation
22.  Application/Certificates
23.  Payments 
24.  “Claims”
25.  Disputes
26.  Completion
27.  Bonds and Warranties
28.  Insurances
29.  Final Account
30.  Subcontracts ( including all the above )

These subjects would be covered in 3 or 4 sessions over a full day allowing some flexibility.

Level 1

  • Subcontracting
  • Project Reporting - Cost ,  Value and Cash
  • Disputes
  • Commercial Risks

Level 2

A second day for higher level staff is available if required covering the required topics in more detail.

These subjects would be covered in 3 or 4 sessions over a full day allowing some flexibility and a brief written exercise will be carried out at the end of each session before the breaks covering the aspects of the previous session.

Level 3

I can then offer a further review of the effectiveness of the training and use of any new procedures that may come out of the training .

This can incorporate some form of monitoring on the reporting and feedback over a six month period subsequent to the training .