Advanced Contracts Management

Course Objectives

  • 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

  Who Can Benefit?

  • Engineering, Projects, Construction, Tenders, Contracts, Buying, Purchasing, Procurement, Commercial, Finance

         Course content

  • 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
    • Other Types of Obligation Documents
    • 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
  • Assessing and allocating risk
    • Identifying Risk
    • Apportioning Risk
    • Selecting types of contract
    • Warranty Management
  • Effective handling of Contract Performance issues
    • Design and Specification
    • Work Ordering Process
    • Obligation to perform work
    • Transfer for ownership
    • Risk of damage
    • Contract Administration
    • Recovery Clauses - Acceleration
    • Insurance and Indemnities
    • Termination and suspension
  • Understanding change
    • Changes to the contract documents
    • Variations in scope
    • 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
  • Eliminating sources of Contract disputes
    • Errors and omissions
    • Anticipating and avoiding Conflicts
    • Dealing with Unknowns
    • Tracking Changes
    • Managing Expectations
  • Resolving disputes
    • Negotiation
    • Litigation
    • Arbitration
    • Alternative Dispute Resolution
  • The future in the Middle East
    • Revisiting Strategic Alliance and Partnering Agreements and BOT/BOOT
    • Prime Contracting and other Consolidated Sourcing Contracts
    • Online Contracting and e-tendering
  • Contract Management Review and Summary
    • Programme highlights and final observations

Code Courses Title Date Venue Price Request
PI03 Advanced Contracts Management
03 Mar to 07 Mar 2018 Dubai contact us
24 Jun to 28 Jun 2018 cairo contact us
01 Sep to 05 Sep 2018 Sharm El-Sheikh contact us
01 Dec to 05 Dec 2018 Dubai contact us

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