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Legal & Contracts Management

Best Contract Management Practices


Introduction:

The contract is a very important part of the business environment; it states the expectations of both parties and help to resolve the negative issues. The contract management training course teaches the delegates on how to manage the contract’s creation, execution, and analysis for maximizing the financial performance efficiently and effectively. An effective contract management system improves the performance of the company and reduces financial risk. The delegates will learn the different fundamental criteria of contract management and they will also learn the necessary skills and techniques required to execute better partnership among the partners

Targeted Groups:

This training program is essential for those who are working in small or large organizations, entrepreneurs, government, and commercial entities. People involved in managing contractual relationship comprising project managers, contract administrators, procurement managers, marketing managers, sales managers, managing directors

Course Objectives:

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

  • Learn about contract management terminology
  • Understand Key principles of contract management
  • Understand the importance of effective contract management
  • Understand contract lifecycle and stages of the contract management
  • Understand the subcontracting, developing strategic alliance and outsourcing
  • Recognize legal risk and ethical issues associated with contracting and procurement
  • Recognize the role of contracting in the projects
  • Understand the scope of work, procedure, management and agreement philosophy
  • Provide suitable resolution of disputes
  • Gain the necessary skills and techniques necessary to maintain better relationships with a partner
  • Learn the correct language to use and what obligations can be met
  • Negotiate, renegotiate and terminate contracts

Targeted Competencies:

  • Negotiating skills and techniques
  • Developing contract strategies and structures
  • Understanding contract issues
  • Analyzing and drafting contract clauses
  • Resolution of claims and disputes
  • Risk Analysis
  • Commercial awareness of pricing and performance issues

Course Content:

Unit 1: Role and Value of Procurement Contracts:

  • Definitions
  • Importance of contract
  • Relationships
  • Contract Life-cycle and stages of contract management

Unit 2: Creation of a Procurement Contract:

  • Agreement
  • Consideration
  • Intent

Unit 3: People and Authority:

  • Principals
  • Agents and 3rd Parties
  • Privacy

Unit 4: Legal Concepts of Procurement Contracts:

  • Framework
  • Key Components
  • Dispute resolution

Unit 5: Procurement Contract Construction:

  • Essential Clauses
  • Misrepresentation
  • Breach and Damages
  • Exemption Clauses

Unit 6: Managing the Procurement Contract:

  • Vitiation
  • Mistakes
  • Discharging a contract

Unit 7: The Procurement Contract in Context:

  • Strategy
  • Processes
  • Options
  • Tendering Process
  • Trending request and responses
  • Evaluation

Unit 8: Procurement Strategy:

  • Principles
  • Risk and Risk management
  • Costing Models
  • Supply Chains
  • Intellectual Property Rights

Unit 9: Solicitation:

  • Planning
  • Source selection
  • Administration
  • Documentation
  • Closure


UAE (Dubai)
18/4/2021 - 22/4/2021
Euro 2500
UAE (Dubai)
26/9/2021 - 30/9/2021
Euro 2500
UAE (Dubai)
21/3/2021 - 25/3/2021
Euro 2500
UAE (Dubai)
14/11/2021 - 18/11/2021
Euro 2500
Egypt (Cairo)
26/12/2021 - 30/12/2021
Euro 2500
Egypt (Cairo)
8/8/2021 - 12/8/2021
Euro 2500
Morocco (Casablanca)
13/6/2021 - 17/6/2021
Euro 2500
Jordan (Amman)
29/8/2021 - 2/9/2021
Euro 2500
Jordan (Amman)
23/5/2021 - 27/5/2021
Euro 2500
UK (London)
20/9/2021 - 24/9/2021
Euro 4500
UK (London)
16/8/2021 - 20/8/2021
Euro 4500
Egypt (Sharm El-Sheikh)
11/7/2021 - 15/7/2021
Euro 2500
Egypt (Sharm El-Sheikh)
14/3/2021 - 18/3/2021
Euro 2500
Malaysia (Kuala Lumpur)
12/9/2021 - 16/9/2021
Euro 3500
Malaysia (Kuala Lumpur)
18/4/2021 - 22/4/2021
Euro 3500
Malaysia (Kuala Lumpur)
6/6/2021 - 10/6/2021
Euro 3500
Turkey (Istanbul)
19/12/2021 - 23/12/2021
Euro 3000
Turkey (Istanbul)
5/9/2021 - 9/9/2021
Euro 3000
Turkey (Istanbul)
18/4/2021 - 22/4/2021
Euro 3000
France (Paris)
11/10/2021 - 15/10/2021
Euro 4500
Switzerland (Geneva)
24/5/2021 - 28/5/2021
Euro 4500
Spain (Barcelona)
20/9/2021 - 24/9/2021
Euro 4500
Spain (Barcelona)
26/7/2021 - 30/7/2021
Euro 4500
Italy (Rome)
16/8/2021 - 20/8/2021
Euro 4500
Italy (Rome)
15/3/2021 - 19/3/2021
Euro 4500
Manama (Bahrain)
19/9/2021 - 23/9/2021
Euro 2500
Oman(Muscat)
6/6/2021 - 10/6/2021
Euro 2500
Kuwait (Kuwait)
16/5/2021 - 20/5/2021
Euro 2500
Spain (madrid)
27/12/2021 - 31/12/2021
Euro 4500
Singapore (Singapore)
19/7/2021 - 23/7/2021
Euro 4500
USA (Boston)
20/12/2021 - 24/12/2021
Euro 5000
Netherlands (Amsterdam)
12/7/2021 - 16/7/2021
Euro 4500
Netherlands (Amsterdam)
5/4/2021 - 9/4/2021
Euro 4500
Canada (Toronto)
2/8/2021 - 6/8/2021
Euro 5000
Germany (Munich)
11/10/2021 - 15/10/2021
Euro 4500
Online
17/10/2021 - 21/10/2021
Euro 1250
Online
11/4/2021 - 15/4/2021
Euro 1250
Online
5/9/2021 - 9/9/2021
Euro 1250