Managing Flowdowns
In this course, attendees will learn the difference between mandatory and non-mandatory flowdowns, when (and how) to negotiate flowdowns with the Government, and how to prioritize the clauses that are flowed down to subcontractors. Attendees will learn to use a flowdown matrix efficiently, and will learn how to educate themselves on the potential impact of flowdowns on their particular projects. They will learn the importance of involving functional experts such as Contracts, Project Management, Finance, Quality, Operations, Human Resources, and legal before and during the negotiation stage to minimize the risk of the inclusion of unnecessarily burdensome flowdowns, and to ensure that they understand the impact of the flowdowns that are included in the prime contract.
Offered In-House
