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Course Code: PMCM 2116
10 Course Visits
Advanced Contract Management and Tendering
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
5 Days
Manama, Bahrain $4,250
02
5 Days
Dubai, UAE $4,250
Introduction
Training course introducion / brief
Advanced Contract Management and Tendering are crucial for ensuring successful business agreements and effective procurement processes. Strong skills in these areas help organizations minimize risks, ensure compliance, and achieve better financial and operational outcomes. Understanding how to manage contracts and navigate tender processes leads to better supplier relationships and project success. Professionals need to master negotiation, risk assessment, and legal compliance to manage contracts effectively from initiation to closure.
This training program covers essential concepts and practices in advanced contract management and tendering. Each day focuses on a key topic, combining theoretical knowledge with practical exercises, real-life case studies, and group discussions. Participants will learn how to create strong contracts, manage tendering processes, mitigate risks, and ensure legal compliance. The program also emphasizes negotiation strategies, supplier evaluation, and post-award management.
Course Objectives
At the end of the training course, participants will be able to
- Understand key concepts in contract management and tendering.
- Learn techniques for drafting, reviewing, and managing contracts.
- Gain skills in risk assessment and mitigation for contract processes.
- Develop strategies for effective supplier evaluation and negotiation.
- Apply best practices for post-award contract management and compliance.
Course Audience
Who is this course for, and can benefit the most
coming soon
Course Outline
The course aims and learning outcomes
Fundamentals of Contract Management
- Understanding types of contracts and their structures.
- Key elements of a legally binding contract.
- Stages of the contract lifecycle.
- Roles and responsibilities in contract management.
- Identifying and managing common contract risks.
- Contract documentation and record-keeping.
- Case studies on successful contract management.
Tendering Process and Procurement Strategies
- Overview of the tendering process.
- Preparing tender documents and requirements.
- Evaluation criteria for selecting suppliers.
- Managing pre-qualification and bidding stages.
- Addressing legal and ethical considerations in tendering.
- Common challenges in procurement and how to overcome them.
- Practical exercises on drafting tender documentation.
Contract Negotiation Techniques
- Principles and strategies for effective negotiation.
- Preparing for negotiation and setting objectives.
- Managing difficult negotiation scenarios.
- Building negotiation tactics for win-win outcomes.
- Common negotiation mistakes and how to avoid them.
- Documenting and formalizing negotiated agreements.
- Role-play exercises for negotiation practice.
Risk Management and Legal Compliance
- Identifying and assessing risks in contracts and tenders.
- Techniques for mitigating legal and financial risks.
- Understanding regulatory frameworks and compliance requirements.
- Managing disputes and conflict resolution.
- Techniques for ensuring supplier performance and accountability.
- Strategies for monitoring and auditing compliance.
- Case studies on risk management in contract scenarios.
Post-Award Contract Management and Evaluation
- Monitoring contract performance and deliverables.
- Managing changes and variations in contracts.
- Techniques for contract close-out and renewal.
- Evaluating supplier performance and contract outcomes.
- Learning from past contracts for continuous improvement.
- Addressing challenges in post-award management.
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
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.
Since 2001, we have been pioneering the training field in the middle east, we managed to unlock potential and help individuals, teams and organisations to be the best that they can be with our full and integrated solutions.
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