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Overview

Overview

Course Overview

Contracts, dating back thousands of years, are one of the oldest features of trading relationships. Over time, contracts have undergone a radical transformation from a document to a tool for business optimization. Modern contracts are viewed and defined in a variety of forms due to the wide-ranging scope of a contractual relationship. The scope of contracts can vary from the simplest of transactions to the most complex transactions possible involving considerable funds and many parties. In its broadest sense, contracts are agreements that define the relationship between two or more parties.

Learning Objectives

In this course participants will:

  • Learn what are contracts, Contract Lifecycle Management etc
  • Understand the legal issues involved in the contract through past court cases
  • Know when to handle contract on one’s own and when to outsource
  • Recognise why disputes occur in the course of contracts and how to resolve them
  • Know how to develop a collaborative relationship with contractors
  • Learn major KPIs in contract management
  • Understand the importance of correspondence in contracts
  • Explore how to develop a Contract Management Plan (CMP)
  • Realise the importance of Negotiations in the contracts

Who Should Attend

This training programme is suitable for Supervisors, Coordinator, Superintendents, and Managers involved in the Purchasing Department as well as those working in other functions who are involved in  Contract Negotiation and Contract Drafting.

Course Features

  • Lectures 17
  • Quizzes 0
  • Duration 14 hours
  • Skill level Intermediate
  • Language English
  • Students 25
  • Certificate No
  • Assessments Yes

Curriculum

Curriculum
Free

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