Contract Administration Expert: Principles and Practices
Introduction
This intensive **five-day course** is designed to equip contract professionals with the skills to manage the increasing complexity of commercial and business relationships, especially in today’s globalised marketplace.
All business professionals need to clearly understand what a contract requires (and does not require) from both parties, along with the consequences of non-performance. This programme provides a practical, international perspective to strengthen participants’ ability to **negotiate, manage, and enforce contracts effectively**.
This Course Will Feature
* The differences in approach between legal and contracting systems
* Risk allocation and dispute resolution in contractual disputes
* Contracting in an international context
* Techniques to protect your company’s interests
* Understanding and applying contracting in the English language
Objectives
By the end of this course, participants will be able to:
* Improve their understanding of the role of contracts within a business
* Develop confidence in dealing with contracting issues
* Understand strategies for improving commercial outcomes
* Apply international best practices in dispute resolution
* Increase awareness of the use of contracts in everyday business life
Course Content
Day One – What are Contracts and How are They Created?
* The need for contractual relationships
* Creating a valid contract: ingredients and formalities
* Authority and agency
* The tender process
* Alternative sourcing options
* Making contracts enforceable – with emphasis on the international context
Day Two – The Structure of Contracts
* Form of agreement
* Hierarchy of terms and conditions
* Traditional and modern contractual structures
* Risk and title transfer in international trade
* Notices and other formalities
* Choice of law and jurisdiction
Day Three – Collateral Documents
* Securitising performance obligations
* Bonds and guarantees
* Parent company guarantees
* Letters of intent, comfort or awareness
* Insurance policies
* Assessing the need for financial security
Day Four – Change and Variation
* Changes to contract documents
* Assignment vs. novation
* Variation clauses and changes to scope of work
* Claims – identification and causes
* Delay and disruption
* Force majeure
Day Five – Resolving Disputes
* Conflict avoidance and tiered dispute resolution clauses
* Negotiation
* Litigation
* Arbitration
* Mediation, early neutral evaluation (ENE), and best practices in dispute management
* Final questions and course review
Who Should Attend?
This programme is designed for:
* Contract and Procurement Specialists
* Project Managers and Team Leaders
* Commercial Managers and Business Development Officers
* Engineers and Technical Professionals engaged in project delivery
* Legal and Compliance Officers
* Anyone seeking to strengthen expertise in contract administration and management
Enquiries and Registration
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
