A failure to fully understand all risk related items in a contract can result in lost opportunities and costly disputes. This program is a practical guide to contract law for business.
By focusing on pricing and key commercial terms alone companies frequently fail to maximize the value of contracts. This training will provide attendees with an understanding of the law and practice related to the risks inherent in the formation and management of contracts. Through analysis of key contract provisions and real-life examples, the program demonstrates how to manage contract risk effectively and to ensure contract negotiations and performance occur quickly and efficiently.
Enable more effective control of the contracting process
Provide an understanding of the law and practice of the risks inherent in the formation and management of contracts.
Analyze key contract provisions, provide instruction on how to manage contract risk effectively
Identify essential contract clauses and understand the specific terms and conditions.
Negotiate an effective contract to protect their corporation’s interests.
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 be prepared to deal with them if they arise.
Contract and Purchasing Personnel
Project Management Professionals
Other employees in corporate or governmental organizations who have a responsibility for drafting, negotiating, or approving contracts.
Professionals such as legal and financial staff
Any personnel involved or interacting with contracts
Quantifying risks
The benefits of understanding contracts
The pitfalls of getting it wrong
Controlling the contract process
Understanding the deal
Controlling the negotiation
Offer and Acceptance
Battle of the forms
Consideration and Intention
Does a contract have to be written?
Due diligence, permits, and financial stability
When are you committed?
Contract Formation
Pre-contractual issues and documents
Auctions, Bids, and Tenders
Invitations to Tender and Treat
Heads of Terms and Letters of Intent
Bonds and Guarantees
Standby Letters of Credit
Form of Agreement
Contractual structures
Incorporating standard terms of business
Subcontracts and Warranties
Pre-contracts and post-contract “qualification phrases”
Achieving outstanding sales results in an increasingly competitive world is a difficult task. Only by establishing a modern sales force management system and by training sales management personnel effectively, can today’s firm compete. The Certified Sales Manager course provides frontline sales managers with the knowledge, skills, and tools they need to drive bottom-line performance. It focuses on improving organization and forecasting skills, as well as other technical competencies aimed at guiding salespeople towards higher performance.
Soft skills training is training that focuses on developing skills such as communication, teamwork, and problem-solving. Other soft skills include emotional intelligence, a positive attitude, and taking the initiative
Managerial accounting is an activity that provides financial and non-financial information to business managers and other internal decision-makers of an organization. This course examines how managerial accounting information is gathered, and how it is used by business professionals to make effective plans & decisions. Lessons such as fundamentals of managerial accounting cost accounting concepts, and managerial accounting approaches will provide you with the concepts, procedures, and analytical skills you'll need to make informed decisions in today's challenging business world
Enterprise Risk Management known as (ERM) has evolved considerably since the seventies. From simply 'buying' insurance, it has now grown in importance to become a prime function in many organizations as part of a bigger system known as Governance, Risk, and Compliance (GRC) which starts with corporate governance and ends with compliance. ERM is the function of studying the risks that may hinder a corporation's ability to achieve its goals and then deciding how to overcome those risks. Studies regarding risk management were done by different organizations, including ISO which issued ISO 31000 on risk management. However, the most accepted ERM system is the one designed by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). This system, which is the one covered in this course, teaches the steps needed to control risk. It starts with the evaluation of the internal environment and the setting of objectives which are, mainly, a result of the tone at the top of the organization, the directives from corporate governance as well as the vision, mission, and corporate strategies. Then, the course goes through the steps management needs to consider in order to identify and assess risk and decide on proper risk responses and controls. The course ends with how to monitor, communicate, and report risk. In addition, the course looks at risk in different organizational areas such as strategy, reporting, compliance, operations, financial and physical risk as well as risk in different industries.
Process industry businesses are constantly seeking for ways to increase efficiency while posing the fewest risks to people's lives and property. This is feasible if these organizations are successful in identifying the relevant risks and setting up suitable safeguards against their impacts.
Process industry businesses are constantly seeking for ways to increase efficiency while posing the fewest risks to people's lives and property. This is feasible if these organizations are successful in identifying the relevant risks and setting up suitable safeguards against their impacts.