Contract Management for Non-Contract Professionals |Meirc

Course Methodology

This course relies on individual and group exercises aimed at helping participants learn all key contract management activities. The course also features several case studies, presentations, and role-plays by participants, followed by plenary discussions. In addition, this course incorporates pre-and post-testing.

Course Objectives

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

Outline the essential elements and phases of contracting
Explain the critical legal concepts in contracting that can have a significant impact on the contractual relationship between involved parties
Describe different types of contracts and relationships between parties
List the documents needed to prepare a Request For Proposal (RFP) and the main steps required to prepare a contract
List the activities needed to administer the contract post-award, including handling variations and claims

Target Audience

All non-contract/legal specialists involved in any step of the contracting process, including technical and non-technical professionals who would like to learn about contract elements, concepts, types, and processes.

Target Competencies

Contract management
Identifying the scope of work
Applying contractual obligations
Applying types of contracts
Recognizing terms and conditions
Contract preparation

Note

Meirc has been reviewed and approved by the PMI® Authorized Training Partner Program (ATP). This course is worth 30 Professional Development Units (PDUs).

Overview of Contracts
- Elements of a “contract”
- Legal concepts used in contracts
- Scope of Work (SOW)
- Terms and conditions
- Phases of contracting

Important Concepts in Contract Management
- Governing law
- Confidentiality
- Privity of contract
- Subcontracting
- Indemnities
- Force majeure
- Payment terms
- Termination
- Liquidated damages
- Representations and warranties
- Covenants

Types of Contractual Agreements
- Fixed price (lump sum) contracts
- Cost reimbursable (cost plus) contracts
- Time and material contracts
- Bill of quantities
- Letter of intent
- Memorandum of Understanding (MoU)
Preparing the Contract
- Setting up a contracting strategy
- Preparing RFPs
- Evaluating proposals
- Awarding a contract
Administration, Variations, and Claims
- Implementation of the contract
- Change management
- Managing variations
- Claims and disputes

Chartered Institute of Logistics and Transport (CILT)

Meirc is an Approved Training Provider (ATP) in the region for the Chartered Institute of Logistics and Transport (CILT). Established in 1919, CILT is the world’s leading supply chain, logistics and transport professional body with over 33,000 members across the globe. CILT seeks to add value to individual and corporate members by enhancing their knowledge, careers, and businesses by setting, supporting and delivering professional standards and education in the fields of logistics, transport and supply chain. By attending Meirc’s CILT accredited courses, participants can earn CPD units as well as attain modular unit award courses that can be combined for international certification

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Project Management Institute (PMI)

Meirc is a member of the PMI ATP Program. PMI does not specifically endorse, approve, or warrant ATP’s products, courses, publications, or services. The PMI ATP seal is a registered mark of the Project Management Institute, Inc.

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2024 Schedule & Fees

Fees

Per participant

USD 5200

Fees + VAT as applicable

(including coffee breaks and a buffet lunch daily)

Discount Plans & Cancellations Policy

Location & Date

9 - 13 Jun, 2024

Dubai

English

Arjaan by Rotana Dubai Media City

Meirc reserves the right to alter dates, content, venue, trainer, and to offer courses in an integrated virtual learning (IVL) format whereby face to face classroom participants and virtual learners participate simultaneously in the same course in an interactive learning experience.

Tax Registration Number: 100239834300003

This course is also offered in Virtual Learning, click on the course below.

Contract Management for Non-Contract Professionals - Virtual Learning