The Essentials of Contracting and Contract Dispute Resolution

Course Info

Length: 1 Week

Type: Online

Available Dates

Fees

  • Oct-14-2024

    1,775

  • Nov-11-2024

    1,775

  • Dec-09-2024

    1,775

  • Jan-20-2025

    1,775

  • Feb-17-2025

    1,775

  • Mar-17-2025

    1,775

  • Apr-21-2025

    1,775

  • May-19-2025

    1,775

  • June-16-2025

    1,775

  • July-21-2025

    1,775

  • Aug-18-2025

    1,775

  • Sep-15-2025

    1,775

  • Oct-20-2025

    1,775

  • Nov-17-2025

    1,775

  • Dec-15-2025

    1,775

Course Details

Course Outline

5 days course

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)
Documents for Security/ Guarantee

 

  • Understanding of the concept of bonds and guarantees
  • Security/guarantee documents for parent company
  • Insurance policies relating to contract
  • Importance of financial security
  • Performance security in a contract
  • Letters of intent in a contract
Format/Layout of a Contract

 

  • Different forms of agreement
  • How to put the terms and conditions in a contract
  • Different types of contract for a project
  • Contract for International Trade ( title ownership) and risks associated with it
  • Reaction and preparation of notices
  • Understanding the legal process

 

Amendments/Change to Contract Documents
 
  • Change in clauses to a contract
  • How changes in work affect the project contract?
  • How to manage claims? , understanding the reason for claims
  • How delay in project affect the project contract?
  • Understanding and distinguishing between “Novation” and “Assignment” in a contract
Resolving Conflicts/Disputes in a Project Work

 

  • Understanding how and when disputes occur
  • How to avoid conflict ?
  • Understanding how to negotiate and mediate
  • Understanding the concept of “Litigation” and “Arbitration”
  • Novel practices of dispute management
Resolving Differences and Difficult Situations
 
  • The negotiator as a mediator in the process
  • Handling difficult negotiators
  • Negotiation case study
  • Team allocation and simulation exercise
  • The Do’s and Don’ts of Negotiating
  • Improving what we do - action planning

Course Video