Contracting Skills Training
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Contracting Skills Training Course
Introduction:
This practical course has been specifically designed to enhance your contracting skills. It incorporates instruction on modern drafting techniques alongside various hands-on exercises, allowing you to apply what you have learned and improve your drafting abilities. Our aim is to create a relaxed environment where you can carefully examine drafting issues, free from the pressures of negotiations.
Having proficiency in general business or legal writing is advantageous, but effective contract drafting requires a unique blend of techniques. During the course, we will explore when to utilize and when to avoid general writing techniques in contract drafting.
The "Contracting Skills" course will cover the fundamental principles of contract creation, including key clauses and provisions. Participants will also gain insights into different alternative contracting strategies, negotiation techniques, and how to assertively navigate negotiation processes.
Course Objectives:
By attending this contracting skills training course, Delegates will learn how to:
- Understanding the design and creation of a contract
- Understanding the clauses and provisions in a contract
- Gain a better understanding of common drafting mistakes and pitfalls
- Learn techniques for drafting clearer contracts
- Practice your drafting skills by working on multiple, practical exercises
- Receive feedback on how to improve your drafting
- “How to claim a negotiation?”
- Understanding the different alternative contracting strategies
- Understand the skills for contract dispute management
- Understand the methodology of contract risk management
- Understand the minimization of dispute through contract clauses
Who Should Attend?
This contracting skills training course is designed for anyone interested in the management of contracts, and those who are keen to learn the skills required to address contract processing correctly. Contract Management training will also help build better relationships with partners, so this course is also for anyone who wants to know how to achieve such connections. This course would be particularly useful for anyone who encounters contracts within their day-to-day job, whether this is in the private or public sector.
Course Outlines:
Methodology of Design and Creation of a Contract
- What is a contract? Why is it important?
- Methods of creating a contract
- Examples of contract creation
- Business models for contract use
- Understanding the fundamentals of signing a contract
Drafting contracts
- Defining contracts
- Elements of contracts
- Purpose of contracting
- Defining rights and obligations
- Defining scope of work
- How to develop the scope
- Planning scope of work
Risk Management in Contract
- Methodology of contract management
- Methodology of guarantee and insurance in contract
- Risk and performance management in contract
- Suspension, warranties and termination of a contract
Change and Variation in a Contract
- Changes in a contract
- Understanding the transfer of rights agreements in a contract
- Understanding the changes in the scope of work and variation clauses in a contract
- Understanding “Novation”- adding a new contract in place of an old one, and its management and methodology
- Methods for dispute management
- Termination of a contract and how to control
Security of a Contract Agreement
- Understanding of the standard form of a contract document
- Understanding the international standard contract form of an agreement
- Understanding of security in a contract agreement
- How to manage payment risk in a contract?
- Payment assurance through Bonds, guarantees and letters of assurance
- Solutions for rapid risk management
Management of Conflict and “How to solve them”
- Understanding on how to create contracts for avoiding conflicts
- Steps for solving multi-level conflict
- Steps for contract negotiation
- Importance of Laws and contracts and Litigation and Arbitration in a contract
- Process of conflict management
- Review of the course and “Question and Answer session”