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Training course overview
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 Coventry Academy online 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 Coventry Academy online 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
How will this training course be presented?
This Coventry Academy online training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.
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
- A Coventry Academy e-Certificate of Attendance will be provided to delegates who attend and complete the course
Related Courses
Contracts Management Specialist
10-14 Jun 2024
Online ($3,950)