Course Details

Secure Your Agreements: Contract Management & Legal Aspects in Procurement Training Course

INTRODUCTION

"Master the art of effective contract management and navigate the legal complexities of procurement with our specialized training course. This Contract Management & Legal Aspects in Procurement Training Course  equips professionals with the essential skills to draft, negotiate, and manage contracts that protect your organization's interests. Learn to mitigate legal risks, ensure compliance, and build strong, enforceable agreements. Master the techniques for safeguarding your procurement processes and driving successful business outcomes."

"This practical, hands-on training provides a deep dive into the legal aspects of procurement and contract management. Participants will learn to draft clear and comprehensive contracts, understand key legal principles, and implement effective contract administration procedures. From understanding the nuances of contract law to navigating complex negotiation scenarios, this course empowers you to build robust and legally sound procurement practices. Enhance your ability to manage contracts and mitigate legal risks by mastering the essential principles and practices of this critical field."

DURATION

10 days

TARGET AUDIENCE

This course is meticulously designed for:

• Procurement Managers and Specialists
• Contract Managers
• Legal Professionals (In-house Counsel)
• Supply Chain Managers
• Sourcing Managers
• Project Managers
• Finance Professionals
• Business Analysts
• Anyone seeking to enhance their skills in contract management and legal aspects of procurement.

COURSE OBJECTIVES

Upon completion of this course, participants will be able to:

• Understand the legal principles and frameworks relevant to procurement.
• Draft and negotiate effective contracts.
• Implement robust contract management processes.
• Identify and mitigate legal risks in procurement.
• Understand the legal implications of different contract clauses.
• Manage contract disputes and claims.
• Ensure compliance with relevant laws and regulations.
• Utilize contract management tools and technologies.
• Understand the legal aspects of international procurement.
• Align contract management strategies with overall business objectives.

COURSE MODULES

Module 1: Introduction to Contract Management and Legal Aspects in Procurement:

• Overview of contract management principles and legal frameworks.
• Understanding the importance of legal considerations in procurement.
• Exploring the benefits of effective contract management.
• Understanding the lifecycle of a contract.

Module 2: Legal Principles and Frameworks in Procurement:

• Understanding the principles of contract law (offer, acceptance, consideration).
• Understanding key legal concepts (breach of contract, remedies, damages).
• Understanding relevant legislation and regulations.
• Understanding the role of case law.

Module 3: Drafting and Negotiating Effective Contracts:

• Drafting clear and comprehensive contract clauses.
• Utilizing negotiation strategies for favorable contract terms.
• Implementing contract drafting best practices.
• Understanding the importance of proper contract language.

Module 4: Implementing Robust Contract Management Processes:

• Developing contract management policies and procedures.
• Utilizing contract management tools and technologies.
• Implementing contract administration and compliance monitoring.
• Understanding the importance of proper contract documentation.

Module 5: Identifying and Mitigating Legal Risks in Procurement:

• Identifying potential legal risks in procurement processes.
• Implementing risk mitigation strategies and controls.
• Understanding the legal implications of different procurement activities.
• Understanding the importance of proper risk assessment.

Module 6: Understanding the Legal Implications of Contract Clauses:

• Understanding the legal implications of key contract clauses (liability, indemnity, termination).
• Utilizing standard contract clauses and templates.
• Implementing contract change management processes.
• Understanding the importance of proper clause review.

Module 7: Managing Contract Disputes and Claims:

• Implementing dispute resolution mechanisms (mediation, arbitration).
• Managing contract claims and litigation.
• Utilizing contract negotiation and dispute resolution techniques.
• Understanding the importance of proper claims documentation.

Module 8: Ensuring Compliance with Laws and Regulations:

• Understanding relevant laws and regulations (anti-corruption, data privacy).
• Implementing compliance monitoring and reporting systems.
• Utilizing legal due diligence processes.
• Understanding the importance of proper compliance documentation.

Module 9: Legal Aspects of International Procurement:

• Understanding the legal aspects of international procurement contracts.
• Implementing strategies for managing cross-border transactions.
• Utilizing international trade laws and regulations.
• Understanding the importance of proper international contract review.

Module 10: Aligning Contract Management with Business Objectives:

• Aligning contract management strategies with overall business goals.
• Utilizing strategic planning and forecasting techniques.
• Implementing stakeholder engagement and communication strategies.
• Understanding the importance of proper stakeholder communication.

CERTIFICATION

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

• Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

• Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

• Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com