Course Info

Length: 1 Week

Type: Online

Available Dates

Fees

  • Nov-25-2024

    1,750

  • Dec-23-2024

    1,750

  • Jan-27-2025

    1,750

  • Feb-24-2025

    1,750

  • Mar-24-2025

    1,750

  • Apr-28-2025

    1,750

  • May-26-2025

    1,750

  • June-23-2025

    1,750

  • July-28-2025

    1,750

  • Aug-25-2025

    1,750

  • Sep-22-2025

    1,750

  • Oct-27-2025

    1,750

  • Nov-24-2025

    1,750

  • Dec-22-2025

    1,750

Course Details

Course Outline

5 days course

Methodology of Design and Creation of a Contract

 

  • What is a contract? .. Why is it important?
  • Methods of creating a contract
  • Examples of contract creation
  • Business models for contract use
  • Understanding the fundamentals of signing a contract

 

Drafting contracts
 
  • Defining contracts
  • Elements of contracts
  • Purpose of contracting
  • Defining rights and obligations
  • Defining scope of work
  • How to develop the scope
  • Planning scope of work
Risk Management in Contract

 

  • Methodology of contract management
  • Methodology of guarantee and insurance in contract
  • Risk and performance management in contract
  • Suspension, warranties and termination of a contract
Change and Variation in a Contract

 

  • Changes in a contract
  • Understanding the transfer of rights agreements in a contract
  • Understanding the changes in the scope of work and variation clauses in a contract
  • Understanding “Novation”- adding a new contract in place of an old one, and its management and methodology
  • Methods for dispute management
  • Termination of a contract and how to control
Security of a Contract Agreement

 

  • Understanding of the standard form of a contract document
  • Understanding the international standard contract form of an agreement
  • Understanding of security in a contract agreement
  • How to manage payment risk in a contract?
  • Payment assurance through Bonds, guarantees and letters of assurance
  • Solutions for rapid risk management
Management of Conflict and “How to solve them”

 

  • Understanding on how to create contracts for avoiding conflicts
  • Steps for solving multi-level conflict
  • Steps for contract negotiation
  • Importance of Laws and contracts and Litigation and Arbitration in a contract
  • Process of conflict management
  • Review of the course and “Question and Answer session”

Course Video