Contract Management Techniques
Description:
A contract is a legally binding document and required in all types of business dealings, contract management involves administering contract words, terms and conditions including in the contract to ensure the success of the deal signed. In this course, participants will be aware of the contracting process starting from the negotiation to reaching a final agreement and sign it as an official document to govern the relationship between the two parties involved in the contract, in addition to learning different types of contracts and how to apply them into various industries and sectors.
Objectives:
- Acquire the management skills required to successfully administer and manage a contract
- Gain an understanding of contractual procedures and how to formulate a valid contract
- Gain the skill of applying standard documents on contracts to increase its efficiency
- Understand dispute resolution techniques and how to avoid them
- Documenting issues that could appear on common clauses and how to negotiate them
Participants:
- Contract administration staff
- Procurement professionals
- Project directors
- Managers and executives
- Anyone involved in contract management field
Purchasing and Negotiation Techniques
Description:
A successful purchasing decision entiltes utilizing an opportunity to lower costs and increase profits. The focus of this course is to give attendees the knowledge, expertise and methods to be used in the purchasing process and the ability to plan the company’s supply chain strategy.
Objectives:
- Gain the knowledge/methods of cost improvement and how to report it
- Develop strategic plans regarding purchasing
- Develop purchase price index
Participants:
- Contracts and procurement professionals
- Project managers
- Operation and maintenance professionals
- Anyone involved in procurement, contracting and tendering management
International Contracting
Description:
This course outlines the principles of contract management by introducing types of contracts and the difference between them when selecting a vendor or supplier, methods of building long term relationship with client, suppliers and key stakeholders.
Objectives:
- Prepare valid international contracts
- Identify risks in legal terms of international contracts
- Minimize the impact of legal risks on international projects and programs
- Constantly resolve contracting disputes with minimum impact on time and budget
- Successfully administer contract changes
Participants:
- Legal advisors
- Legal department directors
- Lawyers
- Professionals involved in international contracting and dispute resolution fields
Contract Risk Management
Description:
In this course, attendees will master the skill of checking, drafting, and revising contract words and phrases to make sure that all clauses foster a healthy and successful relationship between contract parties and if needed modify terms that could pose risks. Contract risk management is a continuous process from drafting the contract until its successful completion.
Objectives:
- Understand contract words, terms and conditions
- Identify potential risks clauses of the contract and how to avoid those risks
- Revise contract terms and condition in case of dispute
Participants:
- Contracts specialists
- Procurement professionals
- Auditors
