Managing Contracts after the Pandemic

An Intensive 3-day Training Course

Managing Contracts after the Pandemic

Getting the Contract Performance, you need in a COVID-Affected world

Managing Contracts after the Pandemic

Are the scheduled dates matching with your needs?

We provide a wider range of training options. Tailored and customized, we can deliver your organisation’s training needs anytime, anywhere.

In-House Solutions ›

We don’t have a scheduled session for this course at the moment. For more information and to enquire about future sessions, please feel free to reach out to our Training Department (info@petroknowledge.com)

Why Choose this Training Course?

Covid-19 is becoming as much an economic crisis as a public health emergency, with many contractors suffering from broken supply chains, poor cash flow, or legal impediments to performing their contractual obligations. In this unstable world, which has also been compromised by a dramatic drop in the oil price, our previously dependable strategic suppliers are now struggling to deliver the materials, services or works upon which we relied.

At the same time, some of our needs have changed. New requirements have become much more important - perhaps reducing upstream activities, moth-balling uneconomic production, obtaining new types of PPE, or simply cash preservation. The existing contracts for services, production, or manufacturing that had worked so well before the coronavirus, may now need significant modification.  

So how should contract owners adjust to a volatile commercial life after Covid-19? 

This cutting-edge PetroKnowledge Online Training Course takes a clear look at the role of contract management in the new, Post-Covid world. Join colleagues from across the world in a highly participative online three-day event, and rethink the contract management task and plan ahead.

What are the Goals?

At the end of this PetroKnowledge Online Training Course , you will learn to:

  • Identify and examine the strategic supply risks that contract owners face as a result of the Coronavirus pandemic.
  • Guide contract owners in their analysis of their major contracts, to ensure they can to protect their organisations if their contracts go wrong. 
  • Analyse the essential elements to include in a commercial agreement to manage the risks of contractor failure.
  • Apply the protective measures that will be in existing contracts, such as contract variation, termination for convenience, or Force Majeure.
  • Address new risks that have appeared, for health & safety, economic or other reasons. 
  • Re-focus their contracts – or even bringing them to an end - to meet new demands and constraints.  
  • Reduce the cost of some contracts compared with what is available in the changed market.
  • Implement new contracts to meet new business requirements on the best terms we can get.

Who is this Training Course for?

This PetroKnowledge Online Training Course is suitable for a broad range of people, but will greatly benefit:

  • Contracts Engineers
  • Contracts Administration Professionals
  • Contract Managers
  • Commercial Managers
  • Procurement Department members
  • Anyone responsible for negotiating, drafting and preparing contracts

How will this Training Course be Presented?

This PetroKnowledge Online Training Course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

Daily Agenda

  • Covid-19 – what’s the situation now?
  • Planning for the 90% Economy
  • What are the concurrent challenges facing contractors?
  • The normal objectives from Contract Management
  • What to do when contractors say “I can’t perform”
  • Force Majeure – is it a show-stopper or an opportunity?
  • Why paying in advance may be appropriate?
  • Understanding your own contractual position
  • Negotiating a resolution to obstacles to contract performance
  • Responsible and Fair contractual behaviour 
  • Your contract management action plan checklist for the next 60 days

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
  • On successful completion of this PetroKnowledge training course, Certificate with eligible Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates

Accreditation

PMI® Registered Training Courses

The Registered Education Provider (R.E.P. ID:4349) status with the Project Management Institute (PMI®) enables PetroKnowledge to issue applicable Professional Development Hours/Units (PDHs/PDUs) to participants on our Project Management oriented training courses, to help them achieve or maintain PMI® professional credentials.
The PMI® Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.

In Association With

GLOMACS Training

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

Other Training Courses You Might Be Interested In

Frequently Asked Questions

  • 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

  • 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.

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.

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

Follow Us:

Subscribe To Our Newsletter

    PetroKnowledge
    Chat with an assistant

    Mikee
    Hello there
    how can I assist you?
    1:40
    ×