Project, Contract

Training Course: Advanced Contracts Management


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PC4085

19 - 30 May 2025

Amsterdam (Netherlands)

Hotel : Grand Hotel Amrâth Amsterdam

Cost : 8400 € Euro

INTRODUCTION

In every organization the effective expenditure of enormous sums of money and resources is dependent on successful contract management activities. Selecting the appropriate contracting models and creating and managing formal agreements with suppliers of goods and services requires not only a complete understanding of the business requirements and organization needs, but also depends on keeping up-to-date on contracting. This programme is designed to:

  • Explore the advanced practices generally viewed as leading to World-Class performance in contract selection, development and management
  • Enable participants to determine where they are now
  • Help participants to begin immediate implementation of the steps needed to create maximum total value for their organisation

PROGRAMME OBJECTIVES

  • Be more effective in contract management activities
  • Select appropriate type and form of contracts for different situations
  • Anticipate problems and manage risks
  • Integrate contract management with contract needs
  • Understand the best means of handling disputes and performance issues
  • Establish terms and conditions for different situations
  • Have the latest advances in contract selection and management

TRAINING METHODOLOGY

The programme will combine conventional teaching with a high level of participation; including an interactive approach to involving participants in discussion of topics; exercises; and encouraging participants to bring their own experiences forward for discussion and debate.

PROGRAMME SUMMARY

The programme covers the contracting process from tendering and award, through planning and management to close out and resolution of disputes. The intention is to develop general skills with application to a wide range of contractual situations, and to allow participants to have an awareness of practices in other areas and other industries which may add value to their own situations.

PROGRAMME OUTLINE

The Basis of Contracting

Principles of Good Contracting

  • Why do we use contracts?
  • Key steps in the creation of a Contract
  • Essential elements of a valid Contract
  • Overview of Tendering & Contract Award Process
  • Advantages of tendering and some pitfalls to avoid
    • Distinquishing price and values
  • Other Types of Obligation Documents
  • Bonds and guarantees
  • Letters of intent and award - are they contractual?
  • Letters of Comfort - Do they mean anything?
  • Side letters - why they can be dangerous
  • When to Obtain Legal Advice
  • Law of Agency
  • Authority to sign contracts

Organising strategies for Contract Management

  • Defining Contract Management Responsibilities
  • Basic contract planning
  • Communication and managing expectations

Risks and selecting the right contract structure

Assessing and allocating risk

  • Identifying Risk
  • Apportioning Risk
    • Incorporating Risk Assessment and Management
  • Selecting types of contract
  • Traditional - lump sum, schedule of rates, reimbursable etc
  • EPC
  • BOT/BOOT
  • Alliance/partnering
  • Warranty Management

Major Contract Terms to aid the handling of performance issues

Effective handling of Contract Performance issues

  • Design and Specification
  • Work Ordering Process
  • Obligation to perform work
  • Transfer for ownership
  • Risk of damage
  • Contract Administration
    • Reporting Mechanisms
    • Cost Control
  • Recovery Clauses - Acceleratrion
  • Insurance and Indemnities
  • Termination and suspension

Managing Change within a Contract

Understanding change

  • Changes to the contract documents
  • Variations in scope
    • Increases and decreases
    • Change in timing
    • Change in method of working
  • Managing change
  • Risks of uncontrolled change

Developing Contract Terms and Conditions

  • Finding Contract Templates
  • Using standard form documents
  • Modifying standard forms
  • Drafting special conditions
  • Issues for subcontracts

Resolution of Disputes

Eliminating sources of Contract disputes

  • Errors and omissions
  • Anticipating and avoiding Conflicts
  • Dealing with Unknowns
  • Tracking Changes
  • Managing Expectations

Resolving disputes

  • Negotiation
    • Stage processes
    • The need for compromise
    • Negotiation techniques
  • Litigation
  • Arbitration
  • Alternative Dispute Resolution
  • Expert determination
  • Early neutral evaluation
  • Mini-Arbitration
  • Mediation
  • Med/Arb and Arb/Med
  • Pendulum Arbitration
  • Dispute Review Board and similar arrangements

The future in the Middle East

  • Revisiting Strategic Alliance and Partnering Agreements and BOT/BOOT
  • Prime Contracting and other Consolidated Sourcing Contracts
  • Online Contracting and e-tendering
  • Contract Management Review and Summary
  • Programme highlights and final observations

Project, Contract

Training Course: Advanced Contracts Management


Register Now
Quick Inquiry
Discount Group Download Brochure (36)

PC4085

19 - 30 May 2025

Amsterdam (Netherlands) - Grand Hotel Amrâth Amsterdam

Hotel : Grand Hotel Amrâth Amsterdam

Cost: 8400 € Euro


  About Amsterdam

Amsterdam, capital of the Netherlands, is a popular destination amongst travelers from all around the world. Once just a little fishing village, Amsterdam is now a major international city after having become an important port during the 1600s. Throughout its history, the city has had many famous residents, including artists, philosophers and other historical figures. There is much to discover along Amsterdam's quaint streets and picturesque canals. So much so that a flight to Amsterdam comes with a guarantee of cultural and historical attractions that will provide memories to last a lifetime. Amsterdam is a hotbed of culture for travelers of all ages and tastes.


  Things to do and places to visit in Amsterdam

From the moment passengers step off their flight to Amsterdam, they will find it a friendly city with a lively atmosphere. Its flat geography means that it is perfect for exploring by bicycle. If you're feeling less active, it the city is also well-served by public transport. The so-called Venice of the North has something for every visitor. Culture vultures have museums, galleries and theaters to see, Families can visit the zoo or the Science Center NEMO.

When visiting Amsterdam, be sure to:

  • See the picture-perfect and colorful houses of the Grachtengordel district.
  • See the iconic works of one of Holland's most famous artists at the Van Gogh Museum.
  • Visit the house where Anne Frank and her family hid from the Nazis.
  • Browse through the extensive collection of fantastic art in the Rijksmusem.
  • Wander through the blaze of colors that is the Singel Flower Market.
  • See the city at a leisurely pace on a canal cruise.
  • Marvel at one of the city's many historic churches.
  • Learn about life aboard a ship at the National Maritime Museum.
  • Discover the Begijnhof's well-preserved medieval architecture.
  • See animals of all kinds, as well as the butterfly pavilion and aquarium, at the Artis Zoo.
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