Mastering Contract Management and Claims Mitigation

Mastering Contract Management and Claims Mitigation (Certified Contracts Professional)

Introduction

Contracts establish the responsibilities and rights of the parties. This highly interactive training course ” Mastering Contract Management and Claims Mitigation (Certified Contracts Professional) ” will provide a practical hands-on approach to the effective management of contracts and offer techniques and contract strategies to assist this process. It will also assist in establishing an international risk management strategy regarding contracts and develop good business practices to take advantage of opportunities, enhance efficiency, and increase profitability

Course Objectives

By the end of this training course, participants will be able to:

Understand the necessary contractual and legal knowledge
Understand and apply the different types of agreements
Increase commercial awareness needed to enhance the smooth running of contracts
Increase the ability to manage contracts to reduce claims and conflict
Identify and mitigate risk factors and associated commercial and program implications
Understand the importance of good record-keeping and service of contractual notices
Increase the understanding of commercial liabilities resulting from schedule changes and variations
Improve the ability, successfully to negotiate and maintain long term inter-business contracts with confidence
Understand the need to deal with issues as they arise and to resolve disputes within the contract structure wherever possible
Analyze, negotiate and implement the most appropriate method of resolving disputes preventing escalation by early identification