Contract Excellence For Non-Legal Professionals
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Contract Excellence For Non-Legal Professionals Course
Introduction:
This training course on contracts management in London is specifically designed to cater to professionals and managers who may not have a legal or contracts background. The objective of the course is to provide participants with a comprehensive understanding of the processes and complexities involved in contracting, thereby enhancing their overall management skills.
Contracts play a vital role in every organization, serving as essential tools to safeguard the company's interests and effectively manage risks. It is crucial for individuals across the organization to have a solid grasp of the issues and procedures associated with contracting scenarios.
During this course, participants will delve into various aspects of contracts management, gaining insights into fundamental principles, best practices, and practical techniques. They will learn how to navigate the contracting landscape, from contract formation to negotiation, implementation, and monitoring. Additionally, participants will explore key contractual terms and conditions, risk management strategies, and effective contract administration.
By the end of the course, attendees will have acquired the necessary knowledge and skills to confidently engage in contracting processes and contribute to the overall success of their organizations. They will be equipped with the tools to effectively protect their company's interests, manage risks, and ensure that contracts align with strategic objectives.
Join us in this contracts management training course in London to enhance your understanding of contracting processes. Regardless of your background, this course will empower you to make informed decisions, mitigate risks, and improve your overall management capabilities. By gaining proficiency in contracts management, you can play a crucial role in enhancing organizational effectiveness and achieving desired outcomes.
Course Objectives:
By the end of this training course, participants will be able to:
- Recognize 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 Should Attend?
This training course will benefit all levels of personnel in a contracting scenario. It will enable them to understand the contract and to be aware of the different issues and risks associated with contracting.
This training course is suitable for 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 Outlines:
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
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?
Major Contract Terms
- Obligation to perform
- Defective goods
- Liability issues
- Indemnities and Insurance,
- Intellectual property
- Force Majeure
Changes and Variations, Payment and Close-out Issues
- Changes and Variations
- Payment issues
- Letters of Credit
- Warranty claims
- Suspension and Termination
- Contractual issues on closeout
Negotiation, Avoidance, and Resolution of Disputes
- Negotiation, compromise, and settlement
- Litigation
- Arbitration
- Mediation
- Expert Determination
- Dispute Review Boards