Commercial Awareness in Project Management (Network Rail)
Tuesday, 8 December: 12:00-13:00 GMT
Outcomes
Why Commercial Awareness Matters
Every project professional makes decisions that have commercial consequences, even if they’re not part of the commercial team.
Whether you're managing a possession, reviewing scope changes, or assessing supplier deliverables, understanding the commercial environment can help projects run more smoothly and strengthen relationships with external partners.
What You'll Learn
In this practical and engaging introductory session, we'll explore:
- The fundamentals of commercial awareness
- Common contract types and how suppliers are paid
- Risk allocation and who is responsible for different risks
- Commercial behaviours that build trust and collaboration
- How to reduce the likelihood of disputes and improve delivery outcomes
Key Takeaways
While this session won't make you a commercial expert, it will give you greater confidence to:
- Engage in commercial discussions
- Ask better questions
- Understand the impact of commercial decisions on project delivery
- Build stronger working relationships with suppliers and stakeholders
Join us
Join us to learn how commercial awareness can help you make better project decisions, strengthen supplier relationships, and contribute to more successful project delivery.
Target Audience
- Network Rail Learners
- Project Managers
- Programme Managers
- PMO professionals
- Project Controls professionals
- Engineers and delivery managers working with suppliers
- Anyone involved in project decision-making or supplier engagement