Contract Management and Formulation

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • Mar-18-2024

    Kuala Lumpur

  • Apr-15-2024

    Kuala Lumpur

  • May-20-2024

    Kuala Lumpur

  • June-17-2024

    Kuala Lumpur

  • July-15-2024

    Kuala Lumpur

  • Aug-19-2024

    Kuala Lumpur

  • Sep-16-2024

    Kuala Lumpur

  • Oct-21-2024

    Kuala Lumpur

  • Nov-18-2024

    Kuala Lumpur

  • Dec-16-2024

    Kuala Lumpur

Dates in Other Venues

  • Mar-11-2024

    Amsterdam

  • Mar-11-2024

    London

  • Mar-18-2024

    Istanbul

  • Mar-25-2024

    Paris

  • Mar-25-2024

    Singapore

  • Apr-01-2024

    Dubai

  • Apr-01-2024

    Barcelona

  • Apr-08-2024

    London

  • Apr-08-2024

    Amsterdam

  • Apr-15-2024

    Istanbul

  • Apr-22-2024

    Singapore

  • Apr-22-2024

    Barcelona

  • Apr-29-2024

    Paris

  • Apr-29-2024

    Dubai

  • May-06-2024

    Dubai

  • May-06-2024

    Barcelona

  • May-13-2024

    Amsterdam

  • May-13-2024

    London

  • May-20-2024

    Istanbul

  • May-27-2024

    Singapore

  • May-27-2024

    Paris

  • June-03-2024

    Dubai

  • June-03-2024

    Barcelona

  • June-10-2024

    London

  • June-10-2024

    Amsterdam

  • June-17-2024

    Istanbul

  • June-24-2024

    Paris

  • June-24-2024

    Singapore

  • July-01-2024

    Barcelona

  • July-01-2024

    Dubai

  • July-08-2024

    Amsterdam

  • July-08-2024

    London

  • July-15-2024

    Istanbul

  • July-22-2024

    Singapore

  • July-22-2024

    Barcelona

  • July-29-2024

    Dubai

  • July-29-2024

    Paris

  • Aug-05-2024

    Barcelona

  • Aug-05-2024

    Dubai

  • Aug-12-2024

    Amsterdam

  • Aug-12-2024

    London

  • Aug-19-2024

    Istanbul

  • Aug-26-2024

    Paris

  • Aug-26-2024

    Singapore

  • Sep-02-2024

    Barcelona

  • Sep-02-2024

    Dubai

  • Sep-09-2024

    Amsterdam

  • Sep-09-2024

    London

  • Sep-16-2024

    Istanbul

  • Sep-23-2024

    Barcelona

  • Sep-23-2024

    Singapore

  • Sep-30-2024

    Paris

  • Sep-30-2024

    Dubai

  • Oct-07-2024

    Barcelona

  • Oct-07-2024

    Dubai

  • Oct-14-2024

    London

  • Oct-14-2024

    Amsterdam

  • Oct-21-2024

    Istanbul

  • Oct-28-2024

    Singapore

  • Oct-28-2024

    Paris

  • Nov-04-2024

    Barcelona

  • Nov-04-2024

    Dubai

  • Nov-11-2024

    London

  • Nov-11-2024

    Amsterdam

  • Nov-18-2024

    Istanbul

  • Nov-25-2024

    Singapore

  • Nov-25-2024

    Paris

  • Dec-02-2024

    Dubai

  • Dec-02-2024

    Barcelona

  • Dec-09-2024

    Amsterdam

  • Dec-09-2024

    London

  • Dec-16-2024

    Istanbul

  • Dec-23-2024

    Singapore

  • Dec-23-2024

    Barcelona

  • Dec-30-2024

    Paris

  • Dec-30-2024

    Dubai

Course Details

Course Outline

5 days course

Introduction to Contract Management

  • Understanding Contracts: Definition, types, and importance.
  • The Contract Lifecycle: Stages and key activities.
  • Roles and Responsibilities in Contract Management: The contract manager, stakeholders, and legal team.
  • Key Legal Principles in Contract Law: Offer, acceptance, consideration, and legality of purpose.

Contract Formulation

  • Developing the Contract Strategy: Alignment with business objectives.
  • Contract Creation: Essential components and legal requirements.
  • Contract Drafting: Clarity, precision, and language use.
  • Review and Revision: Importance of reviewing, editing and revising contracts before finalization, strategies for effective revision, and the role of legal counsel in this process.

Contract Negotiation and Execution

  • Negotiation Techniques: Preparation, negotiation skills, and closure.
  • Contract Signing: Execution, witnesses, and legality.
  • Contract Administration: Filing, communicating, and managing contract documents.
  • Contract Risk Management: Identification, assessment, and mitigation.

Contract Performance Management

  • Monitoring Contract Performance: KPIs, reviews, and audits.
  • Managing Contract Changes: Variations, amendments, and renewals.
  • Dispute Resolution: Negotiation, mediation, arbitration, and litigation.
  • Contract Termination: Reasons, process, and implications.

Future Trends in Contract Management

  • Impact of Digitalization on Contract Management: Contract lifecycle management (CLM) systems, e-signature, and AI.
  • Sustainable Contracting: Incorporating social and environmental considerations.
  • Skills for the Future: Competencies for contract managers in the digital age.
  • Preparing for a career in Contract Management: Roles, skills, and certifications.

Course Video