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العربية

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Course in Contract Management: From Principles to Action

The Dubai Premier Centre (DPC) offers an outstanding course titled “Contract Management: From Principles to Action”, designed to develop participants’ skills across all stages of the contract lifecycle, from negotiation to execution and renewal.
This course focuses on advanced strategies to ensure legal compliance, effectively identify and manage risks, and enhance supplier relationships and contract performance. It provides an in-depth understanding of essential contract clauses, dispute resolution mechanisms, and tools for maximising the efficiency of contract management processes.

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  • Schedule
December 30, 2024
January 27, 2025
February 17, 2025
March 24, 2025
  • Objectives and Target Group

This course aims to:

  • Equip participants with comprehensive knowledge of contract management stages, including contract negotiation, administration, and evaluation.
  • Enhance participants’ ability to identify and mitigate risks in contracts while ensuring adherence to legal frameworks and regulatory standards.
  • Develop skills in monitoring contract performance using effective tools and performance metrics.
  • Improve participants’ capabilities in resolving disputes efficiently through structured dispute resolution methodologies.
  • Enable participants to foster strong supplier relationships and ensure compliance with contractual obligations.
  • Teach participants modern techniques for contract administration, including contract execution, renewal, and documentation.

Target Audience

This course is tailored for professionals involved in drafting, managing, or evaluating contracts, including:

  • Project managers and engineers seeking to enhance their proficiency in managing project contracts efficiently.
  • Legal advisors and lawyers specialising in contract drafting and addressing issues related to breach of contract.
  • Procurement managers and supply chain professionals managing supplier relationships and procurement contracts.
  • Risk management specialists responsible for overseeing compliance with legal frameworks in contractual operations.
  • Accountants and contract auditors focusing on financial evaluation and review of contractual agreements.
  • Entrepreneurs and executives aiming to improve their strategies for contract management and performance monitoring.

  • Content

Introduction to Contract Management

  • Understanding the concept of contract management and its significance in organisational efficiency and compliance.
  • Exploring the stages of the contract lifecycle, from planning to renewal or termination.
  • The impact of effective contract management on risk reduction and productivity enhancement.

Negotiation and Contract Drafting

  • Effective strategies for negotiating contract clauses and achieving balanced agreements.
  • Identifying and addressing potential risks during contract negotiations.
  • Drafting clear, precise clauses that define responsibilities and obligations transparently.

Performance Management in Contracts

  • Utilising contract performance metrics to monitor fulfilment of obligations.
  • Enhancing supplier relationships through performance evaluations and relationship building.
  • Addressing emerging contract issues effectively during contract execution.

Risk Management and Compliance

  • Identifying and managing risks associated with commercial contracts using modern tools.
  • Ensuring compliance with legal frameworks and regulatory requirements for contracts.
  • Handling breach of contract issues according to established legal procedures.

Resolving Contractual Disputes

  • Understanding methodologies for dispute resolution, including arbitration and mediation.
  • Analysing the root causes of contractual disputes and implementing structured solutions.
  • Enhancing dispute resolution strategies to preserve relationships between parties.

Documentation and Amendments

  • The importance of contract documentation in ensuring transparency and compliance.
  • Managing contract amendments to maintain alignment with changing requirements.
  • Applying best practices for archiving and organising contracts for accessibility and reference.

Renewal and Termination

  • Planning for contract renewals to improve performance and mitigate future risks.
  • Evaluating contract stages to determine the optimal time for termination or replacement.
  • Analysing the impact of contract termination on business relationships and future commitments.

Legal Frameworks and Change Management

  • Understanding the legal and regulatory environment for contract management and its practical applications.
  • Adapting to changes in contracts throughout their lifecycle for flexibility and responsiveness.
  • Evaluating the influence of different legal frameworks on domestic and international contracts.

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