Change Management & Contract Variations

Introduction

Addresses management of changes and variations in contracts.

Objectives

• Identify contractual changes
• Manage variation procedures
• Assess cost and time impact
• Avoid disputes

Target Audience

·         Contract engineers

·          project managers

·          planners.

5-Day Scientific Program

Day 1

• Financial governance frameworks
• Roles and responsibilities
• Delegation of authority
• Control environment

Day 2

• Internal control systems
• Preventive and detective controls
• Segregation of duties
• Control documentation

Day 3

• Financial compliance requirements
• Managing non-compliance risks
• Audit processes and responses
• Continuous monitoring

Day 4

• Fraud risk awareness
• Ethical financial behavior
• Reporting and escalation
• Leadership responsibilities

Day 5

• Case studies
• Lessons learned
• Financial governance toolkit
• Control improvement roadmap