Objectives
• Select appropriate type and form of contracts for
Course Details
Objectives
• Select appropriate type and form of contracts for different situations • Understand the legal framework in which contract management takes place • Understand the contract complexities that need managing • Explain the practical steps in obtaining and analysing performance data • Be more effective in contract management activities • Anticipate problems and manage risks • Integrate contract management with contract needs • Understand the best means of handling claims, disputes and performance issues
Outline
Understanding the contract • Overview of the tendering and contract award process • Understanding contracts – a refresher on legal requirements for a contract • Formal and Informal Contractual documents, including Standard terms and conditions Letters of intent Letters of comfort • The specification and scope of work – linkage to price and payment • Recognising where the contract risks lie • Tools and techniques to manage contract risks
Key skills of contract management • The role and value of an effective contract manager • Implementing the new contract • Effective Review processes • Inspection and certification of contractual performance • Managing suppliers of professional services • Working with contract management reports • Using KPIs in effective contract management
Model Contracts and Terms • Selecting the right model for the contract • Standard form Contracts – ICC, FIDIC, NEC and others • Force Majeure clauses • Indemnities and Insurance clauses • Warranty clauses • Bonds and Guarantees • Contract variation clauses
Managing Price and Contract Variations • Managing Price escalation • Getting a breakdown of costs • Cost and price analysis techniques • Tracking changes • Managing variations to the work Changes to timing, accelerating delivery Increase or decrease in scope Changes to work methods • Negotiation techniques for price and contract variation management
Managing claims and disputes • Typical contract claims – scope, delay, quality, payment • Implementing penalties or service credits • Liquidated and unliquidated damages • Termination and other methods of dealing with default • Defects Liability management • Dispute Resolution – tools and techniques to use • Contract closeout
Who Should Attend ?
Project directors, contract administration and procurement staff in national government services or development projects
Date
January 19, 2026 - January 23, 2026 (All Day)(GMT+03:00)