By the end of this programme, participants will:
- Comprehend the critical roles and responsibilities of a contract professional.
- Develop strategies for effectively resolving complex contractual challenges.
- Identify, assess, and manage risks associated with contracts.
- Utilize advanced contract management techniques to enhance performance.
- Evaluate and select the most suitable contract structures for various scenarios.
DAY 1
Fundamentals of Contract Management
- Key Principles of Contract Formation
- Identifying and Understanding Contractual Risks
- Evaluating and Assessing Risk in Contracts
- Strategies for Mitigating Contractual Risks
- Overview of General Terms and Conditions
DAY 2
Effective Contract Drafting
- Exploring Traditional Contract Structures
- Fostering Collaboration in Contracts
- Adopting Innovative Contract Models
- Designing Payment Structures
- Interactive Contract Drafting Workshop
DAY 3
Advanced Contract Management Principles
- Addressing Liability and Indemnity Issues
- Understanding the Implications of Force Majeure Clauses
- Managing the Impact of Variations on Time Schedules
- Evaluating the Cost Implications of Contractual Variations
- Analyzing Liquidated Damages and Their Applications
DAY 4
Practical Application of Contract Management
- Resolving Complex Contract Issues Effectively
- Understanding Contractual Rights and Obligations
- Managing Practical Outcomes of Contract Challenges
- Developing Skills for Effective Contract Negotiation
- Navigating Difficult Contract Scenarios
DAY 5
Handling Contractual Disputes
- Identifying Common Causes of Disputes
- Understanding the Consequences of Contract Termination
- Strategies for Managing and Resolving Disputes
- Traditional Methods of Dispute Resolution
- Exploring Modern Approaches to Dispute Resolution
