Contract Management and Formulation

  • Overview ImageOverview
  • Outline ImageCourse Outline
  • Scheduled ImageScheduled Dates

Course Overview

The Introduction to Contracts Management and Formulation course is designed to provide participants with a foundational understanding of contracts, their importance, and the key principles involved in effectively managing and formulating contracts. This course is suitable for individuals with little or no prior knowledge of contract management and is ideal for professionals seeking to enhance their contract administration skills.

Objective:

By the end of this program, the participant will be able to:

  • Understand the role and scope of the contract management
  • Understand and employ suitable contracting methods
  • Be familiar with the different types of contracts
  • Select the right type of contracts
  • Be able to provide better outcomes from contracts
  • Review contract administration techniques
  • Explore contract monitoring techniques
  • Learn how to get fair treatment in contract changes
  • Know how to analyze contracts
  • Handle difficult contract management problems
  • Discuss contract termination issues
  • Learn how to deal with financial problems and their practical solutions.
  • How to prepare for claims and disputes
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Course Outline

Day 1

  • Effective Contract Management
  • The Most Critical Elements
  • Key Players In Contract Administration
  • Analysis Of The Contract
  • Establishing Major Deliverables

Day 2

  • What Needs To Be Measured?
  • The Most Critical Elements
  • Typical Outputs Of Contract Management
  • Monitoring Techniques
  • Identify The Risk
  • Responses To Risk

Day 3

  • Contract Types
  • Administration In Cost Type Contracts
  • Economic Price Adjustments
  • Maintaining Contract Schedules
  • Major Causes Of Changes
  • Contract Price Change

Day 4

  • Evaluating Price Changes
  • Practical Considerations for Bonds & Guarantees
  • Types of Bonds and Guarantees
  • Contract termination issues

Day 5

  • Financial problems and their practical solutions.
  • Claims and disputes
  • Case studies
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Schedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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Dubai

Dubai

$4,900


Duration: 5 Days

date: 02 - 06 Dec 2024

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London

$4,900


Duration: 5 Days

date: 09 - 13 Dec 2024

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London

London

$4,900


Duration: 5 Days

date: 06 - 10 Jan 2025

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London

London

$4,900


Duration: 5 Days

date: 05 - 09 May 2025

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London

London

$4,900


Duration: 5 Days

date: 04 - 08 Aug 2025

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London

London

$4,900


Duration: 5 Days

date: 01 - 05 Dec 2025

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  • Contract and Project Management

Contract Management and Formulation

Duration:5 Days

date:04 - 08 Aug 2025

London

London

$4,900


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Frequently Asked Questions

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Training is hugely beneficial to both yourself and your company. It enables you to employ new technologies, increases your productivity and enables you to be more autonomous. Have a look here at our infographic on the importance of training and development!

How often do you update your course content to ensure relevancy?

Our course content is constantly reviewed and updated to ensure we stay up to date with all the latest trends. After every course is completed we review the feedback and improve the material where necessary.

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Yes, we focus our training on ‘real-world’ scenarios and our trainers are all highly experienced and skilled in their relevant fields.

Are your courses eligible for professional certification?

Yes, we offer certification with all our courses, every course is entitled to CPD (Continuous Professional Development) hours which you can put towards your professional portfolio.

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Contract Management and Formulation

  • United KingdomLondon
  • calendar04 - 08 Aug 2025
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  • United KingdomLondon
  • 04 - 08 Aug 2025
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