Course Objectives

• Be more effective in contract management activities
• Select appropriate type and form of contracts for different situations
• Anticipate problems and manage risks
• Integrate contract management with contract needs
• Understand the best means of handling disputes and performance issues
• Establish terms and conditions for different situations
• Have the latest advances in contract selection and management

Course Outline

• Principles of Good Contracting

• Why do we use contracts?
• Key steps in the creation of a Contract
• Essential elements of a valid Contract
• Overview of Tendering & Contract Award Process
• Advantages of tendering and some pitfalls to avoid
• Other Types of Obligation Documents
• When to Obtain Legal Advice
• Law of Agency
• Authority to sign contracts
  • Organizing strategies for Contract Management
• Defining Contract Management Responsibilities
• Basic contract planning
• Communication and managing expectations
  • Assessing and allocating risk
• Identifying Risk
• Apportioning Risk
• Selecting types of contract
• Warranty Management
  • Effective handling of Contract Performance issues
• Design and Specification
• Work Ordering Process
• Obligation to perform work
• Transfer for ownership
• Risk of damage
• Contract Administration
• Recovery Clauses - Acceleration
• Insurance and Indemnities
• Termination and suspension
  • Understanding change
• Changes to the contract documents
• Variations in scope
• Managing change
• Risks of uncontrolled change
  • Developing Contract Terms and Conditions
• Finding Contract Templates
• Using standard form documents
• Modifying standard forms
• Drafting special conditions
• Issues for subcontracts
  • Eliminating sources of Contract disputes
• Errors and omissions
• Anticipating and avoiding Conflicts
• Dealing with Unknowns
• Tracking Changes
• Managing Expectations
  • Resolving disputes
• Negotiation
• Litigation
• Arbitration
• Alternative Dispute Resolution
  • The future in the Middle East
• Revisiting Strategic Alliance and Partnering Agreements and BOT/BOOT
• Prime Contracting and other Consolidated Sourcing Contracts
• Online Contracting and e-tendering
  • Contract Management Review and Summary
• Programme highlights and final observations