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Contract Management: From Principles to Action

An Intensive 5-Day Training Course

Contract Management: From Principles to Action

Developing Core Competencies for Contract Success from Start to Finish

Scheduled Dates

04 - 08 Mar 2024 London - UK $5,950
25 - 29 Mar 2024 Cairo - Egypt $5,950
15 - 19 Jul 2024 Dubai - UAE $5,950
22 - 26 Jul 2024 London - UK $5,950
09 - 13 Sep 2024 Dubai - UAE $5,950
14 - 18 Oct 2024 London - UK $5,950
30 Dec 2024 - 03 Jan 2025 Dubai - UAE $5,950
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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
  • Developing Contracts

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:

  • Contract Professionals
  • Contract Administrators
  • Projects & Process Engineers / Managers
  • Contract Engineers

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.

Organisational Impact

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

Personal Impact

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 

Daily Agenda

Day One: Understanding Contract Management Principles

  • Contract Formation
  • Identifying Contractual Risk
  • Assessing Contractual Risk
  • Contract Risk Responses
  • General Terms and Conditions

Day Two: Drafting Contracts

  • Traditional Contract Structures
  • Collaboration
  • Innovative Contract Structures
  • Structuring Payments
  • Contract Workshop

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

Certificate

  • On successful completion of this training course, a PetroKnowledge Certificate will be awarded to the delegates

In Association With

GLOMACS Training

Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients

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Oxford Management Centre

Our collaboration with Oxford Management Centre aims to provide the best training services and benefits for our valued clients.

Visit Website ›

Frequently Asked Questions

How can I register for a training course?

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to reg@petroknowledge.com

When and how do I arrange payments?

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

When should I expect to receive confirmation of registration?

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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