Inspect and Evaluate Performance Rotating Equipment fundamental
This course is designed to provide participants with a comprehensive understanding of operations and maintenance (O&M) contracts management and supervision. It covers the entire lifecycle of O&M contracts, including planning, procurement, execution, and performance evaluation, ensuring participants are well-equipped to manage and supervise O&M contracts effectively.
At the end of this course, the Trainee will be able to:
- An understanding of operation and maintenance versus facilities management
- To explain the implementation plan, cost strategy and organization structure
- To develop operation strategies
- To understand operations management implementation
- Contract managers
- Project managers
- Maintenance engineers and supervisors
- Facility managers
- Procurement professionals
- Operations managers
This interactive training course includes the following training methodologies as a percentage of total tuition hours :
- Lectures
- Workshops, work presentations ,
- Group Work in case study & Practical Exercises.
- Videos and general discussions
- Pre-Test and Post Test
Course Outline
- Introduction to Operations and Maintenance Contracts
- Overview of operations and maintenance (O&M) contracts
- Importance of effective contract management and supervision
- Key stakeholders and their roles in O&M contracts
- O&M Contract Types and Structures
- Different types of O&M contracts (e.g., lump sum, cost-plus, performance-based)
- Contract structures and key contract elements
- Considerations for contract selection and customization
- O&M Contract Development and Negotiation
- Contract development process
- Key clauses and terms in O&M contracts
- Negotiation strategies and tactics
2. Contract Administration and Compliance
- Roles and responsibilities of contract administrators
- Establishing effective contract administration procedures
- Monitoring and ensuring contract compliance
- Performance Monitoring and Reporting
- Key performance indicators (KPIs) for O&M contracts
- Monitoring contractor performance against KPIs
- Reporting requirements and performance evaluation techniques
2. Change Management and Contract Amendments
- Managing changes to the contract scope and requirements
- Contract amendment process and documentation
- Negotiating and resolving contract disputes
1. Financial Management of O&M Contracts
- Budgeting and cost control in O&M contracts
- Approving invoices and managing payments
- Contractual mechanisms for handling cost variations
2. Risk Management in O&M Contracts
- Identifying and assessing risks in O&M contracts
- Developing risk mitigation strategies and contingency plans
- Insurance and liability considerations
- Contractor Relationship Management
- Building effective relationships with contractors
- Communication and conflict resolution techniques
- Performance feedback and continuous improvement
2. Case Studies and Best Practices
- Analyzing real-life O&M contract scenarios
- Examining best practices in contract management and supervision
- Lessons learned and practical tips for success