Course Code: PMCM 106
637 Course Visits
Practical Negotiation Skills for Contract Management
Course Sector:
Project & Contract Management
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
20 - 24 May 2024
5 Days
Dubai, UAE
$4,250
02
12 - 16 Aug 2024
5 Days
Singapore,SG
$4,950
03
10 - 14 Nov 2024
5 Days
Jeddah, KSA
$4,250
Introduction
Training course introducion / brief
The workshop will help the participants in improving their abilities to effectively negotiate contracts. It will provide them with a variety of interpersonal skills as well as an understanding of the principles of negotiation preparation and goal setting. Participants will have the option to do a self-assessment of their negotiation abilities in key areas such as team negotiations. 
Course Objectives
At the end of the training course, participants will be able to
  • Understand how contracts are formed 
  • Understand the methods to be used in negotiating contracts
  • Learn various strategies of contract negotiation 
  • Understand the process of contract negotiation 
Course Audience
Who is this course for, and can benefit the most
* Project Manager
* Business Administrator
* Marketing Coordinator
* Account Executive
* Chief Operating Officer
* Operations Manager
* Executive Administrative 
* Risk Manager
* Program Manager
* Business Analyst
* Quality Control Coordinator
* Assistant Manager
* Team Leader
* Senior Supervisors
* Researcher
* Entrepreneur
* Management Consultant
* Public Relations Director
Course Outline
The course aims and learning outcomes
How contracts are formed 
  • The reasons for using contracts 
  • Basic principles in contract formation
  • Examples of formalities for contract formation
  • Authority to sign a contract and the principles of agency
  • Basic contractual structures 
  • Use of different types of contracts for different business models
Main contract provisions and associated issues: managing risk
  • Hierarchy of contract terms
  • Warranty, Indemnity and Insurance provisions 
  • Distribution of risk and performance obligations
  • Termination, suspension and force majeure 
  • Selecting the appropriate law to govern the contract 
  • Collateral warranties and entire agreement 
Changes and Variations
  • Changes to the contract 
  • Transfer of rights: Assignment and novation 
  • Variation to the scope of work and variations clauses
  • Controlling and managing change
  • Minimizing Claims and Disputes 
  • Delay and disruption
Standardising Contractual Documents and Securitising Performance
  • Use of standard form contractual documents 
  • International standard form agreements
  • Bonds, guarantees and letters of assurance 
  • Managing payment risk 
  • Reservation of ownership 
  • Remedies for default – rework, re-performance, damages, penalties and performance
Fundamentals of Negotiation
  •  Negotiation defined
  • Disputes and the need for resolution
  • Place of negotiation in the contractual resolution process 
  • The commercial impact of the breakdown of negotiations
  • Best Alternative to a Negotiated Agreement (BATNA)
  • The four-phase process of negotiation 
The Negotiator’s Toolbox
  • Preparation 
  • Information needs
  • Drafting your proposal which will open the discussion
  • The negotiation discussion phase
  • Bargain and Close
  • Negotiating position setting
Negotiating Styles, Tactics, and Ploys
  • Cultural & international issues 
  • Red, Purple & Blue negotiators 
  • Non-verbal communication and the interpretation of body language
  • Make time your friend 
  • Silence and ploys as tactics and how to respond effectively 
Personal Fitness and Dealing with Difficult Negotiations
  • Interests, positions and escalation
  • Stakeholder power behind the interests in negotiation
  • Negotiator as a Mediator 
  • Team negotiations 
  • Proposals and persuasion Putting it all into practice 
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Over all rating
Excellent
Average
Below average
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY

Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).

At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.

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