Description
Commercial Leadership is an intermediate level program that centres on project management competencies needed to take ownership of and be accountable for the commercial results of a project.
Sessions include
Recognising and responding to project events
Such as changes & claims, delays, cost overruns, supply chain performance, disputes, and more.
Understanding how the environment and market forces influence project events
Such as fluctuating energy prices, mergers & acquisitions, new clients, new competition, new technology, and more.
Identifying and applying the PM skills required for the context
Such as personal mindset, leadership, team management, collaboration, stakeholder management, and more.
Put into practice what this typically means. For the contractor, it is profitability and meeting project margins, whereas, for the investor/owner, it means ensuring capital efficiency and value for money. Delivered over a 5-6 week period, this blended learning program uses a combination of self-directed elearning, “live” virtual workshops, and a group collaboration assignment to achieve the learning aims.
Learning aims
- Pro-active contract management
Understanding the contractual mechanisms to deal with project events and circumstances that have the potential to impact commercial outcomes. - Strategic change and claim management
Identifying deviations from the project baseline and obtaining appropriate recovery of time and money from the employer, as well as providing appropriate compensation to subcontractors. - Industry project trends – Project collaboration
Exploring collaborative work and procurement practices as new and emerging industry project trends for their impact on contracting and project delivery practice. - Productive relationships for successful outcomes
Recognising the importance of quality relationships with clients, partners, supply chain members as the foundation for commercially successful outcomes.
Delivery Availability and Duration
Virtual / In-house
15 hrs Total (5 - 6 wks)
8 hrs In-house
2 x 4 hrs Virtual
4.4 hrs Self-directed
3 hrs Collaborative
Blended
Who is this for?
The Commercial Leadership program is an intermediate level Program for organisations that need their Project Managers & Project Professionals to develop their commercial project skills and realise better outcomes throughout their project portfolio.
On completion
A Kingsfield Academy certificate will be issued on successful completion of this course.
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