Why Choose this Training Course?
This Contracts Management training course is designed for professionals and managers without a legal or contracts background, helping them understand contracting processes and issues to enhance their management skills. Since contracts are crucial for safeguarding organizational interests and managing risk, it is essential for all team members to grasp these elements. This course aims to provide that understanding, ensuring that everyone can contribute effectively to contract management and overall organizational success.
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:
- Engineers
- Project or Construction Professionals
- Tenders, Contracts, Buyers, Purchasing, Financial Personnel
- 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
Course Outline
Day One: The Basis of Contracting
- Why we use contracts?
- Legal requirements for a valid contract
- Oral contracts
- Electronic contracts
- 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
- Defective goods
- Liability issues
- Indemnities and Insurance
- Intellectual property
- Force Majeure
Day Four: Changes and Variations, Payment and Close-out Issues
- Changes and Variations
- Payment issues
- Letters of Credit
- Warranty claims
- Suspension and Termination
- Contractual issues on close out
Day Five: Negotiation, Avoidance and Resolution of Disputes
- Negotiation, compromise and settlement
- Litigation
- Arbitration
- Mediation
- Expert Determination
- Dispute Review Boards
The Certificate
- COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
Material published by Copex shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.
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Duration:5 days
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Format:Classroom
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Language: English
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Certificate:Yes
