Course Overview:
This 5-day course, provided by IRES, equips participants with the essential skills to effectively monitor contracts and manage disbursements. Participants will learn to evaluate contract performance, ensure compliance with terms and conditions, and implement efficient disbursement processes. The course emphasizes practical tools and techniques for contract management and financial oversight, ensuring that resources are allocated appropriately and efficiently.
Course Duration:
5 Days
Target Audience:
- Contract Managers
- Procurement Officers
- Financial Managers
- Project Managers
- Government and NGO Personnel involved in contract management and financial oversight
Personal Impact:
- Develop skills to effectively monitor and manage contracts.
- Enhance your ability to ensure compliance and mitigate risks in contract execution.
- Improve financial management skills related to disbursement processes.
Organizational Impact:
- Strengthen the organization’s capacity to manage contracts and disbursements efficiently.
- Enhance accountability and transparency in contract management.
- Improve overall project outcomes through effective contract monitoring and resource allocation.
Course Level:
Course Objectives:
By the end of this course, participants will be able to:
- Understand the principles of contract monitoring and disbursement management.
- Evaluate contract performance against established metrics.
- Implement effective disbursement management processes.
- Identify and mitigate risks associated with contract execution.
- Utilize tools and techniques for effective contract and financial management.
Course Outline:
Module 1: Introduction to Contract Monitoring
- Overview of Contract Management
- Importance of Contract Monitoring
- Key Concepts and Terminologies in Contract Monitoring
- Case Study: Reviewing a Contract Monitoring Process
- Activity: Identifying Key Performance Indicators (KPIs) for Contracts
Module 2: Contract Performance Evaluation
- Evaluating Contract Compliance and Performance
- Methods for Monitoring Deliverables and Milestones
- Managing Changes and Amendments to Contracts
- Case Study: Analyzing a Contract Performance Report
- Real-Life Project: Developing a Performance Evaluation Framework
Module 3: Disbursement Management Processes
- Understanding Disbursement Management
- Processes for Disbursement Authorization and Processing
- Financial Reporting and Compliance in Disbursement Management
- Case Study: Analyzing a Disbursement Process for a Project
- Activity: Creating a Disbursement Schedule
Module 4: Risk Management in Contract Monitoring
- Identifying Risks in Contract Management
- Strategies for Mitigating Risks
- The Role of Audits in Contract Monitoring
- Case Study: Reviewing Risk Management in a Contract
- Real-Life Project: Developing a Risk Management Plan for a Contract
Module 5: Tools and Techniques for Effective Management
- Utilizing Software and Tools for Contract Management
- Best Practices for Effective Contract Monitoring and Disbursement Management
- Communicating with Stakeholders about Contract Performance and Disbursements
- Case Study: Implementing a Contract Management System
- Real-Life Project: Designing a Comprehensive Contract Monitoring and Disbursement Management Plan
Related Courses
Course Administration Details:
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
Payment
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
Click here to register for this course.
Register NowCustomized Schedule is available for all courses irrespective of dates on the Calendar. Please get in touch with us for details.
Do you need more information on our courses? Talk to us.
