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Why Choose this Training Course?
This Contract Management training course entitled Contract Management from Principles to Action has been specifically designed to develop the competency of contract management personnel in all sectors and industries by equipping them with the knowledge, skills and understanding to achieve contract management excellence in their field.
On this training course, you will learn about contract management techniques and principles to identify contract and project risks, solve contractual issues and problems, communicate effectively with stakeholders and other departments and develop your contract management skills. This training course is essential development for all contract management professionals or those individuals involving in any contractual scenario.
This PetroKnowledge "Contract Management: From Principles to Action" training course will feature:
Understanding the Importance of Contract Management
Analyzing Contractual Risks and Problems and Providing Effective Solutions
Controlling Contract Management Negotiations
Classifying Contract Types
Methods in Achieving Optimal Contract Management
What are the Goals?
By the end of this "Contract Management: From Principles to Action" training course, participants will be able to:
Understand the important role and responsibilities of a contract professional
Determine effective problem solving of complex contractual scenarios
Risk identification and analysis of the contract
Apply effective contract management techniques to improve contract performance
Examine the optimal choice of contract structure
Who is this Training Course for?
This "Contract Management: From Principles to Action" training course is suitable to a wide range of professionals but will greatly benefit the following individuals:
Projects & Process Engineers / Managers
How will this Training Course be Presented?
This Contract Management training course will utilise a variety of proven highly interactive adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes facilitated group and individual exercises, case studies and role-play. The instructor will also facilitate learning by encouraging the delegates to test and critically appraise any theories and concepts on the training course.
Impact on the organisation from delegates attending this "Contract Management: From Principles to Action" training course includes:
Create a conscious understanding of contracting policy and implementation
Enhance a wide range of skills and competencies in contract negotiation, risk management and dispute resolution
Improve results from real world training for business
Identify new techniques in recognition and strategy that are essential in addressing modern business dilemmas
Develop and convincingly submit proactive plans among teams, project management, departments, and at Board level
Promote reactive effective strategies to deal with contract problems as they arise
Attendance at the "Contract Management: From Principles to Action" training course will result in individuals being better able to:
Implement a wide range of strategic planning techniques in the learning and development of contract negotiation, drafting, implementation and management issues
Use enhanced business skills
Improve their ability to make strategic decision-making in a critical part of commercial activity
Demonstrate how using contract principles in risk management and responsive action can be seen as an important corporate investment
Use different techniques and approaches for working effectively through dispute resolution strategies
Apply new skills effectively in the workplace, gaining skills and knowledge few possess
Day One: Understanding Contract Management Principles
Identifying Contractual Risk
Assessing Contractual Risk
Contract Risk Responses
General Terms and Conditions
Day Two: Drafting Contracts
Traditional Contract Structures
Innovative Contract Structures
Day Three: Mastering Contracts Management Principles
Assessing Liability Issues
Understanding Force Majeure
Examining the Effect of Variations on Time
Examining the Effect of Variations on Cost
Exploring Liquidated Damages
Day Four: Contract Management in Action
Mastering Resolving Contract Issues
Understanding the Contract Position
Dealing with the Practical Consequences
Learning How to Become an Effective Contract Negotiator
Exploring How to Deal with Difficult Contract Situations
Day Five: Dealing with Contractual Disputes
How Disputes can arise?
Understand the Effects of Termination
Exploring How to Deal with Disputes
Traditional Dispute Resolution
Modern Dispute Resolution
On successful completion of this training course, a PetroKnowledge Certificate will be
awarded to the delegates
In Association With
Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients