This course is designed to provide you with the essential skills necessary to effectively manage contracts and align them with your corporate objectives. By participating in this course, you will gain the following:
- Awareness of common pitfalls in contract management and the ability to avoid them.
- Enhanced profitability and cost-effectiveness of your contracts.
- The ability to strike the right balance between risk and price during negotiation.
- The skills to develop winning tender proposals.
- Knowledge of selecting appropriate procurement and negotiation strategies.
- The ability to identify, manage, and mitigate risks associated with contracts.
- A solid understanding of critical aspects of contract law.
- The expertise to seamlessly integrate your requirements into cohesive and effective contracts.
- The ability to define performance terms for efficient delivery, minimizing costs and disruptions.
- Insight into addressing unique considerations in international contracts.
- The implementation of a structured approach to effectively manage and control contracts.
The training course content provides practical and pragmatic knowledge, guiding you through the entire process of negotiating, constructing, drafting, and managing commercial contracts. Real-life exercises and case studies are incorporated to bring the subject matter to life, allowing you to engage in activities such as identifying key elements of successful negotiations, examining the choice of governing law in contracts, analyzing and prioritizing risk management, and understanding rights and obligations under a contract.