In every organization, care is taken to manage risks, by seeking to eliminate those that can be removed, and reducing and managing the remainder. Part of this process involves developing robust contracts which apportion risk equitably and include a structure of indemnities with contractors, supported by a comprehensive insurance regime. In addition, it is important that contract personnel understand contractual risks and what insurance can (and cannot) do to remove the financial consequences of such risk; always remembering that insurance only mitigates the effect of risk, it does not make the risk itself go away.
At the end of this course, the participants will be able to:
A more in-depth understanding of the elements of a contract.
How to analyze complex contract documents, and understand the inter-relationship between clauses.
How to develop effective indemnity regimes.
Appropriate types and forms of indemnities in different contracts.
How to use indemnities to manage risks.
The limitations of indemnity clauses.
How to link indemnity and insurance arrangements.
What types of insurance are available in a contracting context.
How to develop insurance clauses.
The latest thinking in dispute resolution techniques.
Contracts, Tendering, Purchasing, Procurement, and Project Professionals
Contract Administration, Engineering, Operational and Maintenance Professionals
Risk, Claims, Financial, and Audit Professionals
Project Management Professionals
All others who are involved in the planning, evaluation, preparation, and management of tenders, specifications, awards, and contracts that cover the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities
The need for contracts.
Identifying risk.
Risk mitigation or impact mitigation?
Title.
Incoterms.
Intellectual property.
Types and nature of contracts.
Definition of terminology i.e. Conditions of contract & terms of contract etc.
Different legal systems - how to look for common practices but understand the differences.
Why we use contracts.
Formation of a Contract.
Oral or written?
The key elements of a contrac:
Terms and Conditions of contract.
Liquidated damages/penalties.
Limits of liability.
Suspension and termination.
Acceptance and Certificates.
Guarantee/Warranty/Maintenance.
Agency issues.
The basic structure of a contract.
Incorporating documents by reference.
Standard Forms.
Incorporating tender documents.
Letters of Intent or Award.
Letters of Comfort or Awareness.
Side Letters.
Bank bonds and Guarantees.
Parent Company Guarantees.
Insurance:
The purpose of insurance.
Limits on the cover.
Duty to disclose information.
Meaning of “All Risks”.
Relationship with risk management.
Types of insurance used in contract clauses.
Workmen’s compensation/employers’ liability.
Third party/liability insurance.
Property damage.
Professional indemnity/errors and omissions.
Construction All Risks.
Motor and aviation.
Marine insurance.
Hull and machinery.
Protection and indemnity (“P&I Clubs”).
Pollution.
Goods in transit.
Business interruption.
Unfair calling cover (bonds and guarantees).
Export credit insurance.
Who arranges?
For whose benefit?
Extension to subcontractors (National Oilwell case).
Terms - involving contractors.
Other relevant insurances.
Insurance for projects.
Indemnities:
Meaning of indemnities.
Making indemnities work - irrespective of negligence or breach of duty (the Piper Alpha litigation).
Link with insurance.
Cross indemnities.
Personnel.
Property.
Value of covenant.
Issues with indemnities under the Civil Law system.
Third parties.
Liability in negligence - relationship with contract conditions
Being an operations administrator and planning who does what and when within a team requires a high level of ability and is fraught with difficulties. This training program in administrative operations and coordination will offer a special chance to grasp the abilities needed for this position, from the macro to the micro. From the technical talents needed to plan and implement procedures, to the more delicate abilities of speaking clearly and confidently with others, to the leadership and management capacities to think broadly and organize.
In this course, participants will be sensitized to the recent trends in public relations and develop their skills to carry out contemporary roles and practice of public relations and to identify the structure of the optimal organization and responsibilities of employees of the public relations departments, planning and follow-up work in public relations departments, develop and motivate the performance of employees, planning and organizing a ceremony of reception and bidding Visitors and VIPs, develop effective communication with customers and employees, how to arrange concerts, seminars, and banquets.
This program is concerned with the development of the skills and abilities of the Public Relations Manager. Therefore, the program offers a set of training and concepts necessary to build constructive relationships inside and outside the institution based on scientific bases in building this relationship and planning it and study the extent of the institution's place in the hearts of employees on the one hand and the surrounding community. The program is concerned with providing the man of communication skills and effective communication with others as one of the elements of building relationships and what are the means to improve the internal structure of the institution and the network of formal and informal relations.
The program also provides the trainee with the skills required to make presentations and to negotiate partnerships with relevant institutions through meetings, presentations and cooperation, and partnership agreements.
This course is designed for participants to introduce to key issues and themes in international development.
Participants will explore and engage in academic debates and discussions around a set of key factors that shape, influence, and constrain the development and prosperity of nations.
The course will explore a number of key themes in international development, including how questions of gender and generation shape the impact of poverty; how processes of globalization, migration, and violent conflict impact development; and how development and the environment are linked.
It also considers what exactly we mean by poverty, and how different ways of understanding poverty feed into different approaches to tackling it.
It will also consider development institutions: what are the key institutions in the architecture of international development? How do they differ, and what are the challenges and opportunities they present? Through this module, participants will gain a solid background in the various factors which shape current approaches to and debates on international development.
By introducing participants to a range of problems in economic development, we will look to analyze how economic theory and models can explain the lack of development in some nations. We will apply such theory to real-world economies to understand the nature of the problems they face and how effective policies can be in tackling the problems.
Increasingly, it is being recognized that the trend towards equal opportunities for women is giving women the chance to take more responsibility and make more contributions to the success of their organization. However, in many cases, there is a need to develop the skills and confidence necessary to maximize potential as individuals and as employees. This course is designed to do just that - to equip women with the skills, knowledge, and confidence to succeed in what has traditionally been a male-dominated society. The course will involve experiencing personal development and practicing the new skills using ten competencies which are the key to success in a position of responsibility.
One of the major keys to success in the business world is being able to apply “discipline” to your life and actions! This is the key to developing personal effectiveness and professional excellence.