Contracts are the economic lifeblood of all organisations and serve as a primary risk management tool. They set out the objectives parties wish to achieve from a particular relationship; they define that relationship – the parties’ rights and responsibilities to each other, and to third parties. Contracts can be used to minimise exposure to cost and time overruns, potential disputes, and provide forms of security for performance failures. This Coventry Academy training course has been designed to highlight the importance of contracts in everyday business life. It focuses on using differing contracts to balance risk, whether certain arrangements are legally enforceable, and how best to protect your organisation from potential cost and time overruns on contracts. It also features negotiation tips and techniques.
Quais são os objectivos?
Ao frequentar este curso de formação da Coventry Academy, deverá atingir estes objectivos:
Understand How, When and If Contracts are Legally Enforceable
How to Transfer Risk Through Different Contracting Strategies
How to Use Contract Provisions to Reduce the Risk of Disputes
Analyse What Are the Most Appropriate Forms of Security for Performance Failures
Develop New or Enhanced Skills in Negotiating Contracts and Claims
A quem se destina este curso de formação?
This Coventry Academy training course is suitable for a wide range of professionals involved in procurement and contracting, and whether new or experienced in their roles. These may include:
Project Managers
Contracts Officers
Supply Chain Staff
Financial Professionals
Descrição do curso
Day One – Choosing the Right Procurement Strategy
Key Considerations in Choosing Strategy
Issues that Impact on Choice
Key Delivery Models
Principal Compensation Models
Sourcing Strategies
Type and Forms of Contract
Day Two – Appraisal and Implementation
Why, What and How to Procure
Selection and Evaluation Criteria
Cost and Pricing – Models and Analyses
Validity and Objectives of the Contract
Managing Supply Chain Risk
Navigating Negotiations - Tools and Techniques
Day Three – Principal Issues and Their Management
Process of Risk Management
Dealing with Design Liability
Achieving Quality and Standard of Performance
Managing Time and Completion Risk
Using Indemnities and Insurance
Choosing Governing Law and Jurisdiction
Day Four - Managing Performance and Changes
Assignment, Novation and Subcontracting
Implications of Changing Requirements
Managing Events External to the Contract
Setting Standards of Performance and Monitoring
Using Different Types of Security
Other Default Mechanisms
Day Five – Contract Close Out and Conflict Management
Completion and Close Out
Minimising Disputes through the Contract
Types and Assessment of Claims
Tiered Dispute Resolution Mechanisms
Consideration of other Resolution Processes
Arbitration and Litigation
O certificado
Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course