Effective Contract Management

Place- الموعد Date - المكان
2017-02-12 00:00:00 Cairo
2017-07-09 00:00:00 Turkey
2017-10-08 00:00:00 Malaysia

 Who can benefit?

§ Managers and professionals involved in projects, contracts, purchasing, operations, maintenance, engineering, quality, and other company activities

Course Objectives

§ Introduce the contract management processes

§ Understand the strengths and weaknesses of current approaches

§   Learn about the importance of scope definition

§  Understand risk management and vulnerability

§ Identify the impacts of CSR 

§  Collaborative relationship management

§  Project management

§ Development of strategy and planning 

§ Sourcing and outsourcing

§ Evaluation and analysis

§ Negotiations

§ Contract terms and models

§ Change management

§ Supplier development and management

Course outline

§ Contract Management

§  Its role in business

§  Key principles of effective management

§ The Five Elements Required to Have a Proper Contract

§ Offer – Valid Offer, Offers & Invitation to Treat

§  Acceptance – Rules, Silence & Revoke

§ Consideration – How Much & Non Payment

§   Intention to Create Legal Relations – Validity & Intention

§ Capacity to Contract – Who is eligible & Not Eligible?  

§ Essential Terms in a Contract

§  Implied and Express Terms in a Contract

§  What are Implied Terms
§ How relevant are They?

§ Conditions and Warranties (Sale of Goods Act 1957)

§  Understanding Conditions and Warranties and How They Affect Contracts

§ Standard Terms in Contracts
§  Complying with Regulations

§ Usual terms, dependent on the Type of Contract

§ Arbitration Clauses

§ Controversial Terms in Contracts and Their Effect on the Parties

§  Exemption Clauses

§   How would Exemption Clauses Affect a Contract

§  What Must a Person Be Cautious Of

§  Misrepresentation

§   What is a Misrepresentation and The Penalties For It

§ Breach of Contract and Remedies

§ Circumstances Constituting a Breach of Contract

§  How to Avoid It
§ Liabilities of The Parties
§ The Different Types of Remedies

§ Pitfalls and Dangers of Premature Termination of Contracts

§ How to Ensure a Safe Termination

§ Contracting Strategy and Planning

§  Setting objectives and goals
§  Defining strategy
§  Planning approaches

§ Evaluation, Analysis and Selection

§ Supplier assessment
§  Value for money

§  Negotiating Strategy

§ Setting the goals
§  Developing the approach
§ Focusing teams

§ Contract Terms and Models

§ Key terms
§  Risk and reward
§ Contract structures
§  Alternative models

§ Supplier Development

§  Asset versus commodity
§ Future value creation
§ Complying with Regulations

§  Usual terms, dependent on the Type of Contract

§  Arbitration Clauses

§ Controversial Terms in Contracts and Their Effect on the Parties

§ Exemption Clauses

§ How would Exemption Clauses Affect a Contract

§ What Must a Person Be Cautious Of
§   Misrepresentation

§  What is a Misrepresentation and The Penalties For It

§ Breach of Contract and Remedies

§ Circumstances Constituting a Breach of Contract

§  How to Avoid It
§  Liabilities of The Parties
§ The Different Types of Remedies

§  Pitfalls and Dangers of Premature Termination of Contracts

§ How to Ensure a Safe Termination

§  Contracting Strategy and Planning

§  Setting objectives and goals
§ Defining strategy

§  Planning approaches

§ Evaluation, Analysis and Selection

§ Supplier assessment
§  Value for money

§ Negotiating Strategy

§ Setting the goals
§ Developing the approach
§ Focusing teams

§ Contract Terms and Models

§ Key terms
§ Risk and reward
§ Contract structures
§  Alternative models

§  Supplier Development

§ Asset versus commodity
§ Future value creation
§ Strategic development
..