Code | Date | City | Fees | Register |
---|---|---|---|---|
L026 | September 9, 2024 - September 13, 2024 | Dubai – UAE | $ 5000 |
Register Course.. |
L026 | October 21, 2024 - October 25, 2024 | Istanbul | $ 5000 |
Register Course.. |
L026 | November 25, 2024 - November 29, 2024 | Lisbon | $ 5000 |
Register Course.. |
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Objectives
- Upon completion of the course, participants will be able to:
- Be more effective in contract management activities
- Select appropriate type and form of contracts for different situations
- Anticipate problems and manage risks
- Integrate contract management with contract needs
- Understand the best means of handling disputes and performance issues
- Establish terms and conditions for different situations
- Have the latest advances in contract selection and management
The Delegates
- This course is suitable for personnel from all industrial fields and different purchasing methods :
Engineering , Projects , Construction ,Tenders , Contracts , Buying , Purchasing , Procurement , Commercial , Finance .
Contents
- The Basis of Contracting
- Principles of Good Contracting
- Why do we use contracts?
- Key steps in the creation of a Contract
- Essential elements of a valid Contract
- Overview of Tendering & Contract Award Process
- Advantages of tendering and some pitfalls to avoid
- Distinguishing price and values
- Other Types of Obligation Documents
- Bonds and guarantees
- Letters of intent and award – are they contractual?
- Letters of Comfort – Do they mean anything?
- Side letters – why they can be dangerous
- When to Obtain Legal Advice
- Law of Agency
- Authority to sign contracts
- Organizing strategies for Contract Management
- Defining Contract Management Responsibilities
- Basic contract planning
- Communication and managing expectations
- Sources of Information Including the Internet
- Contract Administration Technology Tools
- Preparing for Effective Contract Administration:
- Contracting methods available
- Selecting the best contract type
- Contractor or supplier pre-qualification
- Risks and selecting the right contract structure
- Assessing and allocating risk
- Identifying Risk
- Apportioning Risk
- Incorporating Risk Assessment and Management
- Selecting types of contract
- Traditional – lump sum, schedule of rates, reimbursable etc
- EPC
- BOT/BOOT
- Alliance/partnering
- Warranty Management
- Managing Change within a Contract
- Understanding change
- Changes to the contract documents
- Variations in scope
- Increases and decreases
- Change in timing
- Change in method of working
- Managing change
- Risks of uncontrolled change
- Developing Contract Terms and Conditions
- Finding Contract Templates
- Using standard form documents
- Modifying standard forms
- Drafting special conditions
- Issues for subcontracts
- Resolution of Disputes
- Eliminating sources of Contract disputes
- Errors and omissions
- Anticipating and avoiding Conflicts
- Dealing with Unknowns
- Tracking Changes
- Managing Expectations
- Resolving disputes
- Negotiation
- Stage processes
- The need for compromise
- Negotiation techniques
- Litigation
- Arbitration
- Alternative Dispute Resolution
- Expert determination
- Early neutral evaluation
- Mini-Arbitration
- Mediation
- Med/Arb and Arb/Med
- Pendulum Arbitration
- Dispute Review Board and similar arrangements
- ISO 9000 and contract review.
Contract Management Review and Summary
The Discount
0% in case of Three P. (or more)
Course File
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