{"id":6733,"date":"2025-11-07T12:16:40","date_gmt":"2025-11-07T12:16:40","guid":{"rendered":"https:\/\/keleaders.com\/?post_type=product&p=6733"},"modified":"2025-11-07T12:16:41","modified_gmt":"2025-11-07T12:16:41","slug":"the-essentials-of-contracting","status":"publish","type":"product","link":"https:\/\/keleaders.com\/ar\/product\/the-essentials-of-contracting\/","title":{"rendered":"The Essentials of Contracting"},"content":{"rendered":"

The Essentials of Contracting: From Strategy to Close-Out<\/span><\/strong><\/h2>\n

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Course Overview<\/span><\/strong><\/h3>\n

Contracts form the legal and commercial backbone of business relationships. The \u201cThe Essentials of Contracting<\/a>\u201d course equips professionals with the strategic, operational and legal skills to manage contracts effectively **from formation through to close-out**. You\u2019ll learn how to align contracting strategy with business risk, implement robust contracting processes, monitor performance and handle disputes with confidence.<\/span><\/p>\n

Course Objectives<\/span><\/strong><\/h3>\n

By the end of this course, participants will be able to:<\/span><\/p>\n

1. Understand how contracts are formed and the strategic choices of contract types.<\/span>
\n2. Choose the right procurement\/contracting strategy and contract form for different business models.<\/span>
\n3. Analyse key contract clauses and allocate risks appropriately.<\/span>
\n4. Monitor contract performance, manage changes and variations, and mitigate contractual risk.<\/span>
\n5. Handle contract close-out, claims and dispute resolution proactively.<\/span>
\n6. Apply commercial, legal and operational best practice in contracting to improve outcomes.<\/span><\/p>\n

Learning Outcomes<\/span><\/strong><\/h3>\n

Participants will be able to:<\/span><\/p>\n

* Select suitable contract types and delivery models aligned with business objectives.<\/span>
\n* Draft, evaluate and negotiate contracts with sound risk-allocation and legal awareness.<\/span>
\n* Apply performance metrics and controls to supplier\/contractor relationships.<\/span>
\n* Manage contract modifications, novations and defaults effectively.<\/span>
\n* Reduce the likelihood of claims and disputes and respond appropriately when they arise.<\/span>
\n* Close contracts cleanly, ensuring lessons learned and value captured.<\/span><\/p>\n

Who Should Attend<\/span><\/strong><\/h3>\n

* Contract Managers, Administrators and Commercial Professionals<\/span>
\n* Project Managers and Engineers with contracting responsibility<\/span>
\n* Procurement & Sourcing Managers<\/span>
\n* Legal and Compliance Officers<\/span>
\n* Finance and Risk Managers involved in contract exposure<\/span>
\n* Suppliers, Contractors and Consultants who negotiate or manage contractual obligations<\/span><\/p>\n

Course Outline (5 Days)<\/span><\/strong><\/h3>\n

Day 1 \u2013 Contract Strategy and Formation<\/span><\/strong><\/p>\n

* Rationale for contracts and contracting strategy<\/span>
\n* Key delivery models and contract types (fixed-price, cost-reimbursable, EPC, etc)<\/span>
\n* Selecting procurement & contract strategy<\/span>
\n* Contract formation: offer, acceptance, authority, legal formalities<\/span>
\n* Workshop: Choosing the best contract strategy for a given scenario<\/span><\/p>\n

Day 2 \u2013 Contract Structure and Key Clauses<\/span><\/strong><\/p>\n

* Anatomy of a contract document: forms, schedules, general\/p&a conditions<\/span>
\n* Major contract clauses: scope, time, cost, quality, warranties, indemnities, insurance, termination<\/span>
\n* Risk-allocation through contract terms<\/span>
\n* Legal jurisdiction and governing law<\/span>
\n* Exercise: Analysing a sample contract\u2019s clause-by-clause risk profile<\/span><\/p>\n

Day 3 \u2013 Managing Contract Performance, Change & Variations<\/span><\/strong><\/p>\n

* Performance standards, KPIs and contract monitoring<\/span>
\n* Change management: variations, novation, extension of time, cost escalation<\/span>
\n* Supplier\/contractor relationship and subcontracting issues<\/span>
\n* Assignment, novation, delegation<\/span>
\n* Case study: Managing a major contract variation and its impact<\/span><\/p>\n

Day 4 \u2013 Risk, Claims & Dispute Avoidance<\/span><\/strong><\/p>\n

* Identifying and mitigating contractual risks \u2013 design, timeline, cost, quality<\/span>
\n* Claims management: detecting entitlement, notice requirements, documentation<\/span>
\n* Dispute avoidance: early warning systems, partner-behaviour, performance reviews<\/span>
\n* Alternative dispute resolution: ADR, arbitration, mediation, escalation tiers<\/span>
\n* Role-play: Simulating a contract dispute meeting<\/span><\/p>\n

Day 5 \u2013 Contract Close-Out & Continuous Improvement<\/span><\/strong><\/p>\n

* Contract completion, hand-over, acceptance, retention release<\/span>
\n* Lessons learned, performance reviews, contract audit and close-out checklist<\/span>
\n* Capturing value, continuous improvement, contract management maturity<\/span>
\n* Final Workshop: Presenting a contracting improvement plan<\/span>
\n* Certification briefing and next steps<\/span><\/p>\n

Certification<\/span><\/strong><\/h3>\n

Participants who attend all sessions and successfully complete the final workshop will receive the **Professional Certificate in Contracting Essentials (PCCE)** from KE Leaders Training Centre (London).<\/span><\/p>\n

Key Benefits<\/span><\/strong><\/h3>\n

* Develop a strong foundation in contracting strategy, structure and execution.<\/span>
\n* Improve ability to negotiate and manage contracts with reduced legal\/commercial risk.<\/span>
\n* Enhance performance monitoring, change management, and claims prevention.<\/span>
\n* Gain recognized certification and credibility in the contracting function.<\/span>
\n* Network with peers, share best practice and apply immediate workplace improvements.<\/span><\/p>\n

Contact Info:<\/span><\/span><\/h2>\n
\u00a0 \u00a0 \u00a0 \u00a0Enquiry at : admin@keleaders.com<\/span><\/h6>\n
\u00a0 \u00a0 \u00a0 \u00a0Whatsapp: 0044 790 125 9494<\/span><\/h6>\n
\u00a0 \u00a0 \u00a0 \u00a0For more details visit our website : www.keleaders.com<\/span><\/h6>\n

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