Managing the Contract in a Dynamic World

Course Outline

Overview

By attending this training workshop, you will examine the rights and obligations of parties to a contract, what happens when things go wrong especially if a party fails to perform, how to agree a change to a contract and then document the change appropriately. The workshop is about the essentials of contract management and administration using real life examples.

Agenda

• Managing contractual liabilities and indemnities
• Managing contract variations
• Contract documentation
• Contract administration

Target Audience

This training workshop is suitable for:

• Contract Engineers
• Contract Analysts
• Commercial advisers
• Inhouse legal advisers
• Company Secretaries
• Procurement team members
• General managers
• Executives tasked with managing contracts.
• Contract Administrators
• Anyone who wishes to have a good understanding and develop the ability to apply the terms and conditions of a contract.

Learning Outcomes

Upon completion of this training workshop, you will be able to:

• Operate key clauses in contracts, such as the contract variation clause.
• Comment on the liabilities and limitations to liability that a party has agreed to.
• Understand the concept of an indemnity and how indemnities transfer liability from one party to another.
• Grasp the principles of contract documentation and the need to administer documentation effectively.