Contracts Management and Administration Skills

Code Date City Fees Register
C002 November 25, 2018 - November 29, 2018 Dubai – UAE 3950

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Objectives

Participants will learn:

Be more effective in contract management activities

  • Select appropriate type and form of contracts for different situations
  • Anticipate problems and manage risks
  • Integrate contract management with contract needs
  • Understand the best means of handling disputes and performance issues
  • Establish terms and conditions for different situations
  • Have the latest advances in contract selection and management

The Delegates

  • This course is suitable for personnel from all industrial fields and different purchasing methods :
  • Engineering
  • Projects
  • Construction
  • Tenders
  • Contracts
  • Buying
  • Purchasing
  • Procurement
  • Commercial
  • Finance
  • All those involved in any step of contracting; also those involved in managing or administering contracts for them to have a full understanding of the contractual provisions they will be managing.

Contents

  • Introduction .
  • The Basis of Contracting
  • Principles of Good Contracting
  • Why do we use contracts?
  • Key steps in the creation of a Contract
  • Essential elements of a valid Contract
  • Overview of Tendering & Contract Award Process
  • Advantages of tendering and some pitfalls to avoid
  • Distinguishing price and values
  • Other Types of Obligation Documents
  • Bonds and guarantees
  • Letters of intent and award – are they contractual?
  • Letters of Comfort – Do they mean anything?
  • Side letters – why they can be dangerous
  • When to Obtain Legal Advice
  • Law of Agency
  • Authority to sign contracts
  • Organizing strategies for Contract Management
  • Defining Contract Management Responsibilities
  • Basic contract planning
  • Communication and managing expectations
  • Sources of Information Including the Internet
  • Contract Administration Technology Tools
  • Preparing for Effective Contract Administration:
  • Contracting methods available
  • Selecting the best contract type
  • Contractor or supplier pre-qualification
  • Risks and selecting the right contract structure
  • Assessing and allocating risk
  • Identifying Risk
  • Apportioning Risk
  • Incorporating Risk Assessment and Management
  • Selecting types of contract
  • Traditional – lump sum, schedule of rates, reimbursable etc
  • EPC
  • BOT/BOOT
  • Alliance/partnering
  • Warranty Management
  • Managing Change within a Contract
  • Understanding change
  • Changes to the contract documents
  • Variations in scope
  • Increases and decreases
  • Change in timing
  • Change in method of working
  • Managing change
  • Risks of uncontrolled change
  • Developing Contract Terms and Conditions
  • Finding Contract Templates
  • Using standard form documents
  • Modifying standard forms
  • Drafting special conditions
  • Issues for subcontracts
  • Resolution of Disputes
  • Eliminating sources of Contract disputes
  • Errors and omissions
  • Anticipating and avoiding Conflicts
  • Dealing with Unknowns
  • Tracking Changes
  • Managing Expectations
  • Resolving disputes
  • Negotiation
  • Stage processes
  • The need for compromise
  • Negotiation techniques
  • Litigation
  • Arbitration
  • Alternative Dispute Resolution
  • Expert determination
  • Early neutral evaluation
  • Mini-Arbitration
  • Mediation
  • Med/Arb and Arb/Med
  • Pendulum Arbitration
  • Dispute Review Board and similar arrangements
  • ISO 9000 and contract review.
  • Case studies.

The Launguage

English & Arabic

The Discount

10% in case of Three P. (or more)

2018-11-16T20:17:49+00:00