The critical importance of effective and appropriate contract drafting catered to the specific needs of the particular business and the situation cannot be emphasized enough. Robust contracts identify and minimize risk for the organization and ensure that projects and procurement are carried out efficiently and without costly disputes.
All too frequently contract wording used is not properly understood which ultimately detrimentally affects the performance of the project and even possibly leads to contract failure.
Provide an understanding of contract structures, and why contracts are drafted in a particular manner
Explain the commercial impact of key contractual provisions
Develop an understanding of the interaction between contractual provisions and the need for consistency.
Identify where things can go wrong, and learn how to avoid problems, or mitigate their effects through well-drafted contracts and good management.
Understand how to avoid disputes but learn how to deal with them if they arise.
Use appropriate contract structures for different projects
Use appropriate contract structures for different projects
Examine the commercial impact of particular terms and conditions
Use contract provisions to reduce the risk of disputes or contract failure.
Deal efficiently and effectively with disputes including analysis of the methodology used in international contracting
Commercial Managers
Contract Managers
Legal Secretaries
Lawyers
Anyone who must draft, amend or update contracts, legal letters and legal opinion
The Importance of Contracts
Controlling the contract process
Understanding the deal
Controlling the negotiation
Tips for effective negotiation
Contract Formation
Offer and Acceptance
Battle of the forms
Consideration and Intention
Oral or written?
Electronic contracts
The value of due diligence and financial stability
Auctions and Bids
Tender Process
Invitations to tender
Request for Proposal
Request for Quotation
Pre-qualification
Compliance
Letters of Award
Heads of Terms and Letters of Comfort
Which contract type to select?
Advantages and disadvantages of the main contract types
For individuals and teams to consistently perform it is essential to equip them with the skills, knowledge, and behaviors required for success. This is an ongoing challenge due to the rate of change that organizations experience. The impact and importance of training within an organization can be measured and directly linked to the achievement of organizational goals and objectives.
This Process Control Cybersecurity will address the most important issues related to the protection of assets in a process control environment. Unlike traditional IT (information technology) systems, process control assets include IACS (Industrial Automation and Control Systems) which need to be protected.
Today’s organisation deals with ever increasing levels of complexity when trading globally. Sourcing suppliers, managing quality, cost and delivery through the supply chain requires managers to continually sharpen and update their skills in order to effectively provide measurable best value for their organization. In this programme you will study:
Key principles and tools for global supplier sourcing.
Vendor auditing and compliance.
Shipping options, Insurance and Incoterms.
Developing cost efficient supply chain logistics.
PROGRAMME OBJECTIVES:
Develop cost effective international vendor sourcing strategies.
Develop an awareness of shipping options and cost structures.
Construct effective global supply chain management strategies.
Develop appropriate risk mitigation and marine insurance strategies.
Ensure vendor compliance with international standards & CSR.
Take away specific action plans to further develop their role and organizational benefit.
Corporate Governance is now one of the hottest topics in the business world. It is both a regulatory requirement and a business enabler. But do you know whether your Corporate Governance activities are extracting maximum value? If not, this is probably because your Internal Audit team has not assessed this key topic. This audit approach is crucial as the Board and the Audit Committee need comprehensive assurance about this strategic business process. This course will provide all the tools and techniques essential to audit the complex and wide-ranging field of Corporate Governance. It will help you ensure that you are applying the very best practices and meet all regulatory requirements
Quality and productivity are essential for survival in the global economy. Customers expect products and services to meet acceptable standards of quality. Quality control involves measuring and managing the variation inherent in processes that produce the finished products.
The idea of agility, having an agile mentality, and how this is used at work will be taught to the participants. This training program challenges some of our underlying assumptions while focusing on individual behaviors and cultivating a growth mentality. Working in an agile manner differs from traditional working methods, and the training course will show you how to make the change. Additionally, it demonstrates to participants how to work as a team and use agile behaviors at work.