This contracts management training course is intended to allow professionals and managers with a background other than law or contracts to better understand the processes and issues involved with contracting, and therefore improve their overall management skills. Every organisation relies on contracts to protect the interests of the company and manage risk effectively. It is imperative that everyone in the organisation understands the issues and processes involved in a contracting scenario.
What are the Goals?
By attending this COPEX training course, you should achieve these goals:
Recognise the Structure and Purpose of Contracts
Show How Different Structures Can Be Used in Different Situations
Improve the Ability of Managers to Communicate with Contracts Personnel
Illustrate Some of the Pitfalls That Exist Within Commonly-Used Contract Clauses
Construct and Control Contract Negotiations and Management
Who is this Training Course for?
This COPEX training course is suitable to a wide range of professionals but will greatly benefit:
Those From a Project Management or General Management Background Who Do Not Think They Have Sufficient Understanding of Contract Issues
Those New to the Function, Preparing for a Major Project, or Experienced Managers Looking for a Refresher
Day One: The Basis of Contracting
Why we use contracts?
Legal requirements for a valid contract
Terms and conditions of the contract
Authority to contract
Day Two: Risk and Different Contracting Types
How to assess and manage risk
Traditional contract types
Modern contract types
Bonds and Guarantees
Letters of Intent
Which Law, which court?
Day Three: Major Contract Terms
Obligation to perform
Indemnities and Insurance
Day Four: Changes and Variations, Payment and Close-out Issues
Changes and Variations
Letters of Credit
Suspension and Termination
Contractual issues on close out
Day Five: Negotiation, Avoidance and Resolution of Disputes
Negotiation, compromise and settlement
Dispute Review Boards
COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
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