Contract Excellence for Non-Legal Professionals

(Objectives)

Improve understanding of the structure and purpose of contracts
Show how different structures can be used in different situations
Improve the ability of managers to communicate with and instruct legal and contracts personnel
Explain some of the pitfalls that exist within commonly-used contract clauses

(Participants)

Anyone involved in: Engineering, Project, Construction, Tenders, Contracts, Buyers, Purchasing, Financial personnel, including especially those from a Project Management or General Management background who do not think they yet have a sufficient understanding of contract issues
Those new to the function, preparing for a major project, or experienced managers looking for a refresher

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1. (Course Emphasis)
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2. Day One The Basis of Contracting
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3. Day Two Risk and Different Contracting Types Different types of risk
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4. Day Three Major Contract Terms Obligation to perform Testing and acceptance/rejection
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5. Day Four How the legal aspects of a Contract relate to Changes and Variations, and payment and close-out issues Changes to the Contract Terms (“Amendments”)
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6. Day Five Negotiation, Avoidance and Resolution of Disputes Negotiation, compromise and settlement
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