Contract Management for Non-Contract Professionals
5 DaysContract Management for Non-Contract Professionals
Course Methodology
This course relies on individual and group exercises aimed at helping participants learn all key contract management activities. The course also features several case studies, presentations, and role-plays by participants, followed by plenary discussions. In addition, this course incorporates pre-and post-testing.
Course Objectives
By the end of the course, participants will be able to:
- Outline the essential elements and phases of contracting
- Explain the critical legal concepts in contracting that can have a significant impact on the contractual relationship between involved parties
- Describe different types of contracts and relationships between parties
- List the documents needed to prepare a Request For Proposal (RFP) and the main steps required to prepare a contract
- List the activities needed to administer the contract post-award, including handling variations and claims
Target Audience
All non-contract/legal specialists involved in any step of the contracting process, including technical and non-technical professionals who would like to learn about contract elements, concepts, types, and processes.
Target Competencies
- Contract management
- Identifying the scope of work
- Applying contractual obligations
- Applying types of contracts
- Recognizing terms and conditions
- Contract preparation
Course Outline
- Overview of Contracts
- Elements of a “contract”
- Legal concepts used in contracts
- Scope of Work (SOW)
- Terms and conditions
- Phases of contracting
- Important Concepts in Contract Management
- Governing law
- Confidentiality
- Privity of contract
- Subcontracting
- Indemnities
- Force majeure
- Payment terms
- Termination
- Liquidated damages
- Representations and warranties
- Covenants
- Types of Contractual Agreements
- Fixed price (lump sum) contracts
- Cost reimbursable (cost plus) contracts
- Time and material contracts
- Bill of quantities
- Letter of intent
- Memorandum of Understanding (MoU)
- Preparing the Contract
- Setting up a contracting strategy
- Preparing RFPs
- Evaluating proposals
- Awarding a contract
- Administration, Variations, and Claims
- Implementation of the contract
- Change management
- Managing variations
- Claims and disputes
Mawred Certificate
Mawred Certificate courses by Al mawred Training & Consulting are designed for those willing to challenge themselves and go the extra distance...
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Classroom Schedule
Virtual Schedule
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