Certified Contracts Management Professional

Contract Planning, Strategy & Claims Mitigation

2oth – 24th November 2016

Sharm El-Sheikh

Course Objectives:

Upon completion of the course, Participants will have better:

  • Understanding of necessary contractual and legal knowledge
  • Understanding of and application of different types of agreements
  • Increased commercial awareness needed to enhance smooth running of contracts
  • Increased ability to create and implement action and improvement plans
  • Ability to identify and mitigate risk factors and associated commercial and course implications
  • Understanding of the importance of checklists, file-management and standardization of documentation effectively to reduce the exposure to risk
  • Increased understanding of commercial liabilities resulting from schedule changes and variations
  • Improved ability, successfully to negotiate and maintain long term inter-business contracts with confidence
  • Ability to analyze, negotiate and implement the most appropriate method of resolving disputes preventing escalation by early identification

Designed For:

  • Contract Administrators
  • Contracting Unit Supervisors
  • Project Engineers
  • Project Managers
  • Claims Managers and Business Audit Officers
  • Risk Managers
  • Contract Strategists
  • Staff who are new to their roles, or experienced staff looking for a refresher course

Course Outline:

The Legal Framework of Contracts

  • External and internal dimensions of a business relationship
  • Sources of Law
  • Formation of a Contract
  • The key elements of a contract
  • Oral or written?
  • Terms of the contract
  • Inter-business contracting
  • Law of Agency
  • Developing legal knowledge and skills

Issues of validity of a contract

  • Precedence of documents in a contract
  • Delivery, acceptance and transfer of title and risk
  • Incoterms
  • Liability in negligence – relationship with contract conditions
  • Product liability and defective goods
  • Overview of requirements of a valid contract
  • Letters – Intent; Instruction/Award; Comfort; Awareness
  • Conflict of Laws and Choice of Law and jurisdiction Clauses

Model Form Conditions and International Contracts

  • Types of Standard Form/Model Form Conditions
  • Drafting Standard Terms
  • Potential Problems with Standard Form Contracts
  • Limiting or excluding liability
  • Unequal Bargaining Positions
  • International Trading reducing exposure to risk
  • Intellectual property clauses – special issues

Payment Issues and Post Contract Liability

  • Variation of Contract Terms
  • Variation of Scope of Work
  • Management of Variations and retaining control of the contract
  • Payment and money events
  • Delay, suspension and extension of time
  • Finance and Payment in International Trade
  • Bonds and Guarantees
  • Defects Liability
  • Termination of the Contract and Remedies
  • Mitigation of losses and claims

Resolution of Disputes

  • Negotiation, compromise and settlement
  • Alternative dispute resolution
  • Litigation
  • Arbitration
  • Managing disputes
  • Developing an exit strategy
  • Review of course, and final questions

Fees : 3250 $

Language of instruction will be in Arabic/English.