A highly interactive training course on

Contracts Management Specialist

The Complete Course on Contracts Management
Coventry Academy -  Contracts Management Specialist
5
Days

Course Schedules

 Online
 27-31 Jan 2025
 $3,950

Training course overview

This intensive 5-day online training course is designed for contracts professionals to navigate the complexities of international commercial relationships. It is essential for all business professionals to understand the requirements and implications of contracts, as well as the consequences of any failures.

Key features of this Coventry Academy online training course include:

  • Differences in approach between various legal and contracting systems.
  • Risk allocation in contract management and strategies for dispute resolution.
  • Contracting practices in an international context.
  • Methods for protecting your company’s interests.
  • Insights into contracting terminology in the English language.

Participants will enhance their contract management skills and be better equipped to handle the challenges of global trade.

 
 
 
 
 
 
 
 
 

What are the goals?

By the end of this online training course, participants will be able to:

  • Improve Their Understanding of the Role of Contracts Within a Business
  • Develop More Confidence in Dealing with Contracting Issues
  • Understand How Strategies Can Be Developed to Improve the Commercial Outcomes
  • Apply the Latest International Thinking in Dispute Resolution
  • Increase Awareness of the Use of Contracts in Everyday Business Life

Who is this training course for?

This Coventry Academy online training course will benefit all levels of personnel engaged in Contract Management, Negotiation, Procurement, Operations, and Disputes.

This online training course is suitable to a wide range of contracts professionals but will greatly benefit:

  • Contract Administrators, Contract Professionals and Project Coordinators
  • Specifiers, Buyers, Purchasing Professionals and Procurement Officers
  • Contracts Managers  
  • Project Managers
  • Engineers or Contracts Operatives

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: What are Contracts and How are They Created?
  • The Need for Contractual Relationships
  • What is Needed to Create a Valid Contract? Ingredients and Formalities
  • Authority and Agency
  • The Tender Process
  • Alternative Sourcing
  • Making Contracts Enforceable - With Particular Emphasis on the International Context
Day Two: The Structure of Contracts
  • Form of Agreement
  • Hierarchy of Terms and Conditions
  • Different Contractual Structures - Traditional and New
  • Risk and Title (Ownership) in International Trade. When Does it Transfer?
  • Notices and Other Formalities
  • Which Law and Which Courts?
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 / Novation Explained and Distinguished
  • Variation Clauses and Changes to the Scope of Work
  • Claims - What They Are, and How They Arise
  • Delay and Disruption
  • Force Majeure
Day Five: Resolving Disputes
  • Conflict Avoidance and Tiered Dispute Resolution Clauses
  • Negotiation
  • Litigation
  • Arbitration
  • Mediation, ENE and New Best Practices in Dispute Resolution and Management
  • Final Questions and Review of Course

The certificate

  • Coventry Academy e- Certificate of Attendance will be provided to delegates who attend and complete the course

Coventry Academy
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