The course is for contracting managers, purchasing professionals, and subcontractors. Because contracts are developed in an increasingly complex and regulated environment, a solid understanding of the contracting process is critical.
- Identify contract components and understand the process from start to finish
- Select the right contract type for your project
- Decipher contract legalese
- Agree on objectives, requirements, plans, and specifications
- Negotiate favourable terms and make revisions to the contract
- Apply the ‘10 rules of contract interpretation’ in project disputes
- Administer contracts appropriately and know when and how to terminate them
- Understanding the contract management process
- Team work: Roles & Responsibility
- Concept and principle of contract law
- Contracting methods
- Developing contract pricing agreement
- Pre-award phase
- Award phase
- Contract Administration
- Course Overview
-
The course is for contracting managers, purchasing professionals, and subcontractors. Because contracts are developed in an increasingly complex and regulated environment, a solid understanding of the contracting process is critical.
- Course Objectives
-
- Identify contract components and understand the process from start to finish
- Select the right contract type for your project
- Decipher contract legalese
- Agree on objectives, requirements, plans, and specifications
- Negotiate favourable terms and make revisions to the contract
- Apply the ‘10 rules of contract interpretation’ in project disputes
- Administer contracts appropriately and know when and how to terminate them
- Course Outline
-
- Understanding the contract management process
- Team work: Roles & Responsibility
- Concept and principle of contract law
- Contracting methods
- Developing contract pricing agreement
- Pre-award phase
- Award phase
- Contract Administration