The Essentials of Contracting and Contract Dispute Resolution
Course Info
Length:
Type:
Course Details
Introduction
Objective
Who should attend
Every day significant monies are made and lost by organizations as a result of the contractual terms and conditions governing contracts for the purchase of goods, equipment, and services.
Since all business activities are governed by contractual relationships, it is increasingly important for all those dealing with outside organizations to have an understanding of how to obtain the best possible agreement for their organization.
The Essentials of Contracting and Contract Dispute Resolution training course will help delegates to develop their ability to negotiate contracts effectively. It will equip them with a range of interpersonal skills, and an appreciation of the elements of planning and objective setting in negotiations.
Course Outline
Importance of Contracts, and How to Prepare?
- Need for contracts and how to prepare
- Laws and regulations in a contract
- Understanding the tender process
- Concept of Law of Agency (Agency Authority)
- Methods of strategic sourcing (alternative sourcing strategies)
