Contract Preparation and Management

Contract Preparation and Management

Course Description

This three-day course teaches participants how to prepare, review, and manage contracts effectively. It focuses on legal essentials, risk management, and enhancing contract outcomes.

Learning Objectives

• Contract Fundamentals: Understand the components and types of contracts.

• Risk Mitigation: Learn to identify and minimize risks in contracts.

• Contract Management: Develop effective contract administration and monitoring skills.

• Conflict Resolution: Gain strategies for resolving contract disputes.

Course Outline

Day 1: Essentials of Contract Preparation

• Components of a solid contract

• Drafting techniques and best practices

• Legal considerations in contracts

Day 2: Managing Contractual Agreements

• Risk identification and mitigation

• Monitoring and reviewing contract performance

• Communication in contract management

Day 3: Advanced Contract Techniques

• Handling contract amendments

• Resolving disputes and claims

• Case studies in effective contract management