The contract is at the heart of all commercial transactions. Those involved in these transactions have the duty as agents of the organization to develop a high level of competency in contract writing, planning and management. Recognize the main contractual provisions and appreciate their effects on the implementation and management of future contracts. This course will enable the candidates to understand the importance of knowing the contractual terms and conditions and review the techniques for solving problems and partnering with contractors. This program is designed to assist in that development by providing:
By the end of this course delegates will be able to:
Contracts, Purchasing, and Project Personnel, Engineering, Operational, and Maintenance Personnel, Project and Contracts Management Professionals, Tendering, Purchasing, Contract Administration Professionals and Personnel, Engineering, Operational, Finance, Maintenance Professionals, Managers and executives in the procurement, finance, legal, risk and supplier relations department, Business Managers, Commercial staff, Project Engineers, Procurement staff, Legal staff, Contracts analysts & Officers, Contract Leaders & Engineers, Cost & Planning Engineers, Contract Administrators, Contracting Unit Supervisors, Claims Managers and Business Audit Officers, Contract Strategists, Project Managers, General Managers involved in contract negotiation and disputes, Commercial Managers, Buyers, Purchasing Managers, Tenders Managers, Supply Chain Managers & Executives, Procurement Managers & Personnel, Construction Managers, those involved in the planning, evaluation, preparation and management of tenders, awards and contract performance that cover the acquisition of materials, equipment and services.
Day 1: Contract Introduction
o Defining Contract Management
o Essential Activities in Contract Management
o Who writes the Contract
o The importance of the Contract
o Reviewing the Tender Request
o Identify Basic Planning Assumptions
o Reviewing Historical Data Check List
o Types Of Statement Of Work
o SOW Impact On The Contract
o Basic Items That Should Be In A Statement Of Work
Day 2: Conduct Risk Assessment
o Elements of Risk
o Commercial Issues vs. Legal Terms
o Fixed Price
o Cost plus Fixed Fee
o Time and Material
o Incentive or Award
o Economic Price Adjustment
o Format Of The Contract
o Essential Elements
o Objectives of the Contract
Day 3: Specific Contract Clauses
o Integration
o Buyer’s Rights Before Performance Is Due
o Inspection, Acceptance, Rejection
o Warranties
o Major Issues Related To Warranties
o Uniqueness of Service Contracts
o Performance Measures
o Legality of Penalty
o Liquidated Damages
o Force Majeure/Delays
o Governing Law
o Assignment
o Spare Parts
o Consumables
o Price Protection
o Delivery/Shipping
o Price/Payment
o Methods of Payment
o Progress Payments
o Large Software Acquisitions
Day 4: How to deal with Contract Changes
o Major Reasons for Changes
o Change Control
o Completion and Expiration
o Termination & Cancellation
o Letters of Intent
o Course of Performance
o Course Of Dealing
o Usage of Trade
o What constitutes a Breach?
o Remedies for Breach of Contract
o Types of Bonds & Guarantees
Day 5: Disputes Resolution
o What is a Dispute?
o Methods to Resolve
o Preparing for Contract Disputes
o Contract Clauses for Disputes
o Anti-corruption Procedures
o Price or Fee Adjustment for Illegal or Improper
o Activity
o Developing the Check List
CDGA attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.
| Code | Date | Venue | Fees | Register |
|---|---|---|---|---|
| PM116-01 | 16-02-2025 | Dubai | USD 5450 | |
| PM116-02 | 28-07-2025 | Istanbul | USD 5950 | |
| PM116-03 | 09-11-2025 | Dubai | USD 5450 |
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Providing services with a high quality that are satisfying the requirements
Appling the specifications and legalizations to ensure the quality of service.
Best utilization of resources for continually improving the business activities.
CDGA keen to selects highly technical instructors based on professional field experience
Since CDGA was established, it considered a training partner for world class oil & gas institution
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