Date | Format | Fees | ||
---|---|---|---|---|
26 Oct - 28 Oct, 2020 | Classroom | ₦175,000 | Register | |
26 Oct - 28 Oct, 2020 | Classroom | ₦175,000 | Register | |
12 May - 15 May, 2020 | Classroom | ₦175,000 | Register |
Event Details
- Understand the legal framework in which contract management takes place
- Understand the contract complexities that need managing
- Explain the practical steps in obtaining and analysing performance data
- Be more effective in contract management activities
- Anticipate problems and manage risks
- Integrate contract management with contract needs
- Understand the best means of handling claims, disputes and performance issues
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
Date:
1ST BATCH 12th – 15th May, 2020
2ND BATCH 26th – 28th October, 2020
Managing claims and disputes
Typical contract claims – scope, delay, quality, payment Implementing penalties or service credits Liquidated and unliquidated damages Termination and other methods of dealing with default Defects Liability Management Dispute Resolution – tools and techniques to use Contract closeout
Managing Price and Contract Variations
Managing Price escalation Getting a breakdown of costs Cost and price analysis techniques Tracking changes Managing variations to the work Changes to timing, accelerating delivery Increase or decrease in scope Changes to work methods Negotiation techniques for price and contract variation management
Model Contracts and Terms
Selecting the right model for the contract Standard form Contracts Force Majeure clauses Indemnities and Insurance clauses Warranty clauses Bonds and Guarantees Contract variation clauses
Key skills of contract management
The role and value of an effective contract manager Implementing the new contract Effective Review processes Inspection and certification of contractual performance Managing suppliers of professional services Working with contract management reports Using KPIs in effective contract management
CONTENTS
Understanding the contract
Overview of the tendering and contract award process Understanding contracts – a refresher on legal requirements for a contract Formal and Informal Contractual documents, including Standard terms and conditions Letters of intent Letters of comfort The specification and scope of work – linkage to price and payment Recognising where the contract risks lie Tools and techniques to manage contract risks
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Venue
Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.
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