Mastering Contracts Management

Course Code: PMCM 3909

5 Course Visits

Course Sector:

Project & Contract Management

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Course Dates and Locations

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No.

Date

Days

Location

Fees

Enrollment

25 - 29 Aug 2025

5 Days

Abu Dhabi, UAE

$4,250

Introduction

Training course introducion / brief

Mastering Contract Management

Mastering Contract Management is crucial for organizations to ensure that their agreements are legally sound, well-executed, and meet the agreed objectives. This course will help you gain the knowledge and skills necessary to manage contracts effectively, mitigate risks, and maintain compliance throughout the contract lifecycle.

Throughout this training, participants will learn how to create, negotiate, and monitor contracts, handle disputes, and ensure a smooth contract closeout process. By the end of this program, you will be equipped with strategies for managing contract risks, optimizing performance, and maintaining long-term business relationships. You will also gain

Training Course Methodology

This course is designed to be interactive and participatory, and includes various learning tools to enable the participants to function effectively and efficiently. The course will use sessions, exercises, and case applications, and presentation about proven-by-practice methods, new insights and ideas about the topic and its effects in a corporate world.

Gain a solid understanding of the fundamentals of contract management, including key terms, types, and stages of a contract.
Learn how to effectively create, negotiate, and draft contracts to meet organizational goals.
Understand the importance of monitoring contract performance, managing changes, and handling disputes.
Develop skills for identifying, assessing, and mitigating risks throughout the contract lifecycle.
Master the process of contract closeout, ensuring compliance, and conducting post-contract reviews for future improvements.

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Introduction to Contract Management

Overview of contract management
Types of contracts (Fixed-price, Cost-reimbursable, Time and Materials)
Key terms and clauses in contracts
Roles and responsibilities in contract management
Importance of legal compliance in contracts
The lifecycle of a contract
Common challenges in contract management

Contract Creation and Negotiation

Steps in contract creation
Developing a contract strategy
Key negotiation techniques
Drafting effective contract terms
Balancing risk and reward in contracts
Legal considerations in contract formation
Avoiding common pitfalls during negotiation

Contract Performance and Monitoring

Monitoring contract performance
Managing deliverables and timelines
Handling contract changes and amendments
Performance metrics and KPIs for contracts
Ensuring compliance with contract terms
Addressing disputes and conflicts
Best practices in performance monitoring

Risk Management in Contracts

Identifying and assessing contract risks
Risk mitigation strategies
Managing force majeure clauses
Insurance and indemnity clauses
Risk allocation in contracts
Strategies for handling unforeseen events
Case studies on contract risk management

Contract Closeout and Compliance

Steps for contract closeout
Final deliverables and approvals
Documenting lessons learned
Post-contract compliance and audits
Ensuring contract renewal or termination is managed properly
Handling disputes during closeout
Best practices for post-contract review

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.

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TRAINING COURSE: Mastering Contracts Management