Mastering Legal Negotiation & Contract Management Training Courses


Contract Management Training

Introduction:

Contracts establish the responsibilities and rights of the parties. This highly interactive program will provide a practical hands-on approach to effective management of contracts and offer techniques and contract strategies to assist this process. It will also assist in establishing an international risk management strategy regarding contracts and develop good business practices to take advantage of opportunities, enhance efficiency, and increase profitability

Targeted Groups:

  • Contract Professionals
  • Tendering, Purchasing and Procurement Professionals
  • Project Management Professionals
  • Engineering, Operational, Finance, and Maintenance Professionals

Course Objectives:

At the end of this conference the participants will be able to:

  • Understand the necessary contractual and legal knowledge
  • Understand and apply the different types of agreements
  • Increase commercial awareness needed to enhance the smooth running of contracts
  • Increase the ability to manage contracts to reduce claims and conflict
  • Identify and mitigate risk factors and associated commercial and program implications
  • Understand the importance of good record-keeping and service of contractual notices
  • Increase the understanding of commercial liabilities resulting from schedule changes and variations
  • improve the ability, successfully to negotiate and maintain long term inter-business contracts with confidence
  • Understand the need to deal with issues as they arise and to resolve disputes within the contract structure wherever possible
  • Analyze, negotiate and implement the most appropriate method of resolving disputes preventing escalation by early identification

Targeted Competencies:

  • Mastering skills in managing contract management
  • Exceptional negotiation skills
  • Greater ability to develop professionally
  • Increased job satisfaction
  • Receiving increased recognition by their organization leading toward advancement and promotion
  • Superior confidence in leading, planning, and managing the entire contract process

Course Content:

Unit 1: Principles of Contracts

  • Elements of a contract
  • Contract framework
  • Contract Administration – purposes and advantages
  • Challenges encountered in contract administration
  • Competencies of contract holders/administrators

Unit 2: Contract Administration

  • Understanding your contract including all the clauses.
  • Contract provisions affecting implementation
  • Tools & Techniques for contract administration, including practical examples, lessons learnt

Unit 3: Contractor Evaluation

  • KPIs
  • Targets and benchmarking
  • SLAs
  • Management of subcontractors
  • Close-out, termination, suspension

Unit 4: Changes, variations, claims and disputes and their mitigation

  • Change order process
  • Breach of contract
  • Claims and disputes, liquidated damages, compensation
  • Arbitration
  • Importance of documentation, notice provisions, contractual and/or legal basis of the claim

Unit 5: Resolution of Disputes:

  • Negotiation, compromise and settlement
  • Litigation
  • Arbitration
  • Alternative Dispute Resolution - including mediation
  • Managing disputes

Online
21 - 25 Jul 2024
1500 Euro
London (UK)
22 - 26 Jul 2024
5200 Euro
Vienna (Austria)
05 - 09 Aug 2024
4900 Euro
Barcelona (Spain)
12 - 16 Aug 2024
4900 Euro
Kuala Lumpur (Malaysia)
01 - 05 Sep 2024
3900 Euro
Boston (USA)
02 - 06 Sep 2024
5500 Euro
Dubai (UAE)
08 - 12 Sep 2024
3900 Euro
Cairo (Egypt)
08 - 12 Sep 2024
3000 Euro
Kuala Lumpur (Malaysia)
15 - 19 Sep 2024
3900 Euro
London (UK)
23 - 27 Sep 2024
5200 Euro
Paris (France)
30 Sep - 04 Oct 2024
4900 Euro
Istanbul (Turkey)
06 - 10 Oct 2024
4200 Euro
Madrid (Spain)
07 - 11 Oct 2024
4900 Euro
Milan (Italy)
07 - 11 Oct 2024
4900 Euro
Istanbul (Turkey)
13 - 17 Oct 2024
4200 Euro
Cairo (Egypt)
13 - 17 Oct 2024
3000 Euro
Barcelona (Spain)
14 - 18 Oct 2024
4900 Euro
Dubai (UAE)
20 - 24 Oct 2024
3900 Euro
Rome (Italy)
28 Oct - 01 Nov 2024
4900 Euro
Sharm El-Sheikh (Egypt)
03 - 07 Nov 2024
3500 Euro
Istanbul (Turkey)
03 - 07 Nov 2024
4200 Euro
Amsterdam (Netherlands)
04 - 08 Nov 2024
4900 Euro
Madrid (Spain)
11 - 15 Nov 2024
4900 Euro
London (UK)
11 - 15 Nov 2024
5200 Euro
London (UK)
18 - 22 Nov 2024
5200 Euro
Amsterdam (Netherlands)
23 - 27 Dec 2024
4900 Euro
Amman (Jordan)
29 Dec 2024 - 02 Jan 2025
2900 Euro
Vienna (Austria)
30 Dec 2024 - 03 Jan 2025
4900 Euro
Manama (Bahrain)
12 - 16 Jan 2025
3900 Euro
Paris (France)
20 - 24 Jan 2025
4900 Euro
Kuala Lumpur (Malaysia)
26 - 30 Jan 2025
3900 Euro
Milan (Italy)
03 - 07 Feb 2025
4900 Euro
Lisbon (Portugal)
03 - 07 Feb 2025
4900 Euro
Online
09 - 13 Feb 2025
1500 Euro
Rome (Italy)
17 - 21 Feb 2025
4900 Euro
Sharm El-Sheikh (Egypt)
23 - 27 Feb 2025
3500 Euro
Casablanca (Morocco)
10 - 14 Mar 2025
3000 Euro
Online
23 - 20 Mar 2025
1500 Euro
Cairo (Egypt)
23 - 20 Mar 2025
3000 Euro
Barcelona (Spain)
24 - 20 Mar 2025
4900 Euro

Mastering Legal Negotiation & Contract Management Training Courses
Contract Management Training (LG)

 

Mercury dynamic schedule is constantly reviewed and updated to ensure that every category is being addressed at least once a month, if not once every week. Please check the training courses listed below and if you do not find the subject you are interested in, email us or give us a call and we will do our best to assist.