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Finance and Banking
Finance is the study of how people allocate their assets over time under conditions of certainty and uncertainty.
Banking can be defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.

Course Title: Contract Monitoring and Disbursement Management

Venue: ESAMI Headquarters, Arusha, TANZANIA  
Learning Duration:  2 Weeks 
Starting: 1 Oct 2018  Ending: 12 Oct 2018
Fees: 1500 USD
Payment Details: To cover tuition and training materials only.

COURSE OVERVIEW

Contract management is an area shrouded with mystery in procurement and projects. More often than not organisations have to enter into contracts with third parties. In any case contractual arrangement between the organisation on one hand and third parties such as customers and vendors on the other hand is a permanent feature in many organisations. The contracts are complex with a lot of technicalities. There are many challenges along the way. The successful implementation of the projects and hence the organisation to a large extent is determined not only by the adherence of contract terms, but also on the extent to which the contract risks are managed throughout the contracting process. No doubt understanding and managing technical and delivery risks inherent in a contractual arrangement is important.

 

Contract financial management is critical to the success of any organisation and its enhanced effectives permeate the entire organisation. One area that requires management attention is disbursement of funds and other resources. There are many risks and with the dynamic environment, organisations need to have prudent tools and techniques for monitoring disbursements.

 

WHO SHOULD ATTEND?

The programme is designed for managers and officers in projects, business, finance, administration and contracts. Other technical staffs wishing to have an appreciation for contract management and disbursement monitoring are encouraged to participate.

 

HOW PARTICIPANTS WILL BENEFIT

At the end of the course participants will be able to:

  • Appreciate the importance of contract administration in ensuring the contract meets the needs of the organisation;

  • Identify and mitigate against contract risks

  • Negotiate for optimum returns on contractual agreement.

  • Appreciate the importance of contract monitoring and reporting.

  • Develop a disbursement policy;

  • Make important disbursement decisions;

  • Appreciate the various methods, tools and techniques for project costs Control;

  • Mitigate against disbursement risks

 

TOPICS INCLUDE

  • Fundamentals of contract

  • Contracting methods

  • Contract administration procedures

  • Contract risks identification and management

  • How to identify and mitigate against contract risks

  • Contract monitoring and reporting

  • Disbursement policy and development

  • Disbursement decisions

  • Methods, tools and techniques for project cost control

  • Mitigation against disbursement risks

Course No:  2018-10-01-3-9-2165

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PROGRAMME ANNOUNCEMENTS

BUSINESS SCHOOL CALENDAR FOR 2018

2 Jul 2018
  BUSINESS SCHOOL CALENDAR FOR 2018   ESAMI Business School is inviting applications for its degree programmes scheduled to commence as below.     DBA COMMENC...
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