Advanced Contracts Management Training Course

Course Category : Legal

In an environment of increasingly complex contractual relationships and heightened commercial and legal risks, contract management has become a strategic organisational function. This advanced course equips participants with the capability to manage contracts effectively—from selecting appropriate contracting models, through performance, change, and risk management, to dispute resolution—while incorporating international best practices and cross-border contracting considerations.
Duration: 10 Training Days
Level: Advanced

Introduction

Contracts form the governing framework for spending resources and delivering value in projects and operations. Poor contract management frequently results in financial losses, legal disputes, and performance failures. As organisations expand internationally and deal with diverse legal systems, cultures, and stakeholders, contract management has evolved from an administrative function into a strategic discipline.
This advanced course provides a comprehensive framework for managing contracts across their full lifecycle—from preparation and award, through operational administration and change management, to dispute resolution and future contracting trends—linking theory with practical tools and real-world case applications..

Targeted Audience

Contract management professionals
Project managers
Design managers
Construction managers
Procurement managers
Commercial managers
Finance managers
Claims and risk management professionals
Middle and senior managers involved in contract governance

Targeted Skills

Selecting appropriate contract models aligned with objectives and risks
Preparing and drafting effective contracts and conditions
Managing contract performance and obligations
Controlling contractual changes and variations
Proactive management of contractual risks
Resolving disputes using professional mechanisms
Applying international best practices in contract management

Expected Outcomes

Evaluate and select appropriate contract models.
Prepare balanced contracts that reduce disputes and enhance performance.
Manage and allocate contractual risks effectively.
Control contractual changes and prevent uncontrolled variations.
Address performance and default issues professionally.
Select suitable dispute resolution mechanisms.
Align contract management with organisational strategy.

Training Topics Index

Principles of good contracting
Purpose of contracts
Valid contract elements
Tendering and award
Bonds and guarantees

Roles and responsibilities
Contract planning
Communication and expectation management
Contract governance

Identifying contractual risks
Risk allocation mechanisms
Traditional contract types
EPC and BOT/BOOT
Alliances and warranty management

Design and specifications
Work orders
Title transfer and risk of damage
Reporting and cost control
Insurance and termination

Types of change
Scope and time variations
Risks of uncontrolled change
Change management mechanisms

Standard contract forms
Modifying standard forms
Drafting special conditions
Subcontract considerations

Errors and omissions
Managing unknowns
Change tracking
Expectation management

Negotiation techniques
Litigation and arbitration
ADR methods
Dispute review boards

Strategic alliances
BOT/BOOT trends
E-contracting and e-tendering
Prime contracting

Contract management performance review
Lessons learned
Continuous improvement
World-class contract management practices

Course Features

Updated and Interactive Content
Hypothetical Examples and Case Studies
Pre- and Post-assessments to Measure Impact
Verified Certificate with a QR Verification Code