Contract administration involves the planning, negotiation, execution and performance of any contact with customers or vendors. The preparation and implementation of contracts have great potential for aligning mutually agreeable contracts that lead to positive business outcomes.
This course explores how contractual responsibilities can be described, applied and followed up. Delegates know what constitutes the contract administrator’s management tools and functions. The course will also allow you to consider the key contractual requirements and recognize the effect that they have on potential contract execution and governance.
The Contract Administration course will also enable you to realize the value of information about procurement terms and conditions. Delegates can also consider opportunities to apply lessons gained to recognize Alternative Dispute Resolution (ADR) and how to settle disputes and alliances.
At the end of the Contract Administration Training Course, you will be able to:
- Understand the fundamental obligations of the contract administrator
- Effectively implement the signed contract to achieve the employer’s requirements
- Gain sufficient knowledge in the valuation of variations, payments, and claims
- Application of contractual techniques in dealing with the risks involved in the projects
- Understanding the requirement of insurance, bond and guarantees
- Understanding the importance of dispute resolution techniques
- Effectively communicate with the parties on their contractual responsibilities
- Identify the process involved in the project closeout
Contract Administration course would be suitable for:
- Contract specialists and professionals
- Contract and project coordinators
- Bid managers
- Supply chain professionals
- Consumers and other purchasing officers
- Contractors and Sub-contractors
- Cost Controllers
- Company Executives
Our courses in Kuala Lumpur take place at the following location :
Once you register, we will subsequently send you the course details, including the location, trainer, and other logistical information.
Pay Attention, Please! The course location at our offices is subject to availability. Should our office be unavailable, we will secure an alternative nearby venue and promptly inform you of the change. The exact time and location will be confirmed one week prior to the course commencement.
