Contract Management for Non-Contract Professionals - Virtual Learning - Meirc

Contract Management for Non-Contract Professionals - Virtual Learning

Why Attend

The overall aim of this course is to provide participants with the knowledge, concepts and skills needed to perform activities related to the contracting process. The course covers important contractual concepts and different types of contracts.

Participants in this interactive course will learn essential contractual terms and conditions and the appropriate use for these legal concepts as well as activities that are usually carried out in contract preparation and administration 

Course Objectives

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

  • Outline the basic elements and phases of contracting
  • Describe important legal concepts in contracting that can have a detrimental impact on the contractual relationship between the parties
  • Describe different types of contracts as well as other different types of relationships between parties
  • List the main steps needed to prepare a contract with a full understanding of all the documents needed to prepare a request for proposal
  • Describe all the activities needed to administer the contract post-award including handling variations and claims

Target Audience

All non-contract/legal specialists who are involved in any step of the contracting process including technical and non-technical professionals who would like to learn about the elements, concepts, types and the process of contracting. Meirc is assigned as a Registered Educational Provider (REP) with the Project Management Institute (PMI®). This program is worth 30 PDUs.

Target Competencies

  • Contract management
  • Scoping work
  • Applying contractual obligations
  • Applying types of contracts
  • Recognizing terms and conditions
  • Contract preparation
  • Overview of contracts
    • Elements of a “contract”
    • Contract management
    • Legal concepts used in contracts
    • Scope of work
    • Terms and conditions
    • Phases of contracting
  • Important concepts in contract management
    • Governing law
    • Confidentiality
    • Privity of contract
    • Subcontracting
    • Indemnities
    • Force majeure
    • Payment terms
    • Breach of contract
    • Termination
    • Liquidated damages
    • Service level agreement
    • Representations and warranties
    • Covenants
    • Rights and conditions
  • Types of contractual agreements
    • Types of contracts
      • Fixed price (lump sum) contracts
      • Cost reimbursable (cost plus) contracts
      • Time and material contracts
  • Basic concepts in contract preparation
    • Set-up contracting strategy
    • Prepare RFPs
    • Evaluating proposals
    • Awarding contract
  • Administration, variations and claims
    • Implementation of the contract
    • Assessing performance
    • Change management
    • Managing variations
    • Claims and disputes

Meirc Professional Certificate (MPC)

MPC certified courses by Meirc Training and Consulting are designed for those willing to challenge themselves and go the extra distance. Participants who fully attend an MPC course and successfully complete the test on the last day, will receive a Meirc Professional Certificate (MPC), in addition to the one they receive for attendance. MPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.

MPC
Per participant

USD 1,750

Fees + VAT as applicable

Tax Registration Number : 100239834300003

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