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Negotiating and Contracting with Project Service Providers

Certificates associated with this course:

Negotiating and Contracting with Project Service Providers

Day 1

Basics of negotiation and contract types

  • Learn your negotiation style and how you interact with others in project management
  • Recognize the five common errors in judgment that lead to negotiation failures
  • How to prepare for negotiations when contracting with outside service providers
  • Using a Statement of Work (SOW) and service level agreements
  • Selecting the right contract types
  • Establishing and defending your boundaries when negotiating

Day 2

Executing contracts

  • Ensuring your subcontractors perform as specified
  • Alternative dispute/conflict resolution
  • Separating the people from the problem
  • Knowing and executing your strategy
  • Renegotiating contracts: problems and advantages

Day 3

Applications

  • Exercise: participants will negotiate a fixed-term contract in a project team environment and demonstrate negotiation techniques and problem-solving skills
  • Following the exercise, participants receive feedback and analysis from a professional instructor

Schedule

Evening before course — 5:30 – 7:00 p.m. Optional dinner for those arriving early
Days 1 and 2 — 8:00 a.m. – 5:00 p.m. Session
Day 3 — 8:00 a.m. – 3:00 p.m. Session

The University of Wisconsin–Madison, as a member of the University Continuing Education Association (UCEA), authorizes this course for 2.2 Continuing Education Units (CEUs) or 22 hours, as well as 22 PDUs.