Projects & Contracts · 5 Days · Public · Al-Khobraa certified · From USD 3,900
Overview
Commercial and business relationships are based on contracts of one type or another. These are becoming increasingly complex, and as trade becomes ever more international, the differences in approach between different legal and contracting systems become a greater issue. All business professionals need to understand what a contract does (and does not) require them and the other party to the contract to do, and the consequences for both parties of any failure. This course is intended to provide an understanding of contracting in the English language but in an international context.
Learning Objectives
Improved ability of delegates to understand commercial issues relating to contracts
A wider choice of potential contracting strategies
Improved ability for professionals to instruct and communicate with legal departments
Better understanding of the role of bonds and guarantees in a contracting strategy
Increased control of change
A wider choice of dispute resolution methods
Reduction in costs and delays associated with dispute resolution
Improved relationships with suppliers and contractors as a result of reducing conflict
Develop an understanding of the role of contracts in the business world
Explain how contracts are structured
Examine current thinking on contracting structures in an international context
Improve understanding of the main terms and conditions of contracts
Understand the importance of change management and control
Develop appreciation of the collateral documents that work alongside contracts;including bonds, guarantees, letters of intent etc.
Review the latest international thinking in alternative methods of dispute resolution
Strategic planning
Contract selection and drafting
Ability to instruct and manage lawyers
Commercial management
Negotiation skills
Dispute resolution
Who Should Attend
This course is designed for professionals working in projects and contracts, as well as those whose responsibilities require a stronger practical grasp of the subject and its application within their organisation.
Professionals in Contract Management
Project managers and engineers
Contracts and commercial professionals
Course Outline
Day 1 — What are contracts and how are they created?
The need for contractual relationships
What is needed to create a valid contract?
Offer and acceptance
Intention to create a legal relationship
Day 2 — Structure of contracts
Form of Agreement
General Terms and Conditions
Special Terms and Conditions
Schedules or Appendices
Day 3 — Collateral documents
Bonds and guarantees
Tender Bonds
Advance Payment Bonds
Performance Bonds
Day 4 — Changes
Changes to the Contract documents
Need for consent
Assignment/ Novation
Waiver
Day 5 — Resolving disputes
Negotiation
Staged dispute resolution clauses
Litigation
Arbitration
Accreditation
Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.
What do Al-Khobraa projects and contracts courses cover?
The portfolio covers project management fundamentals and PMP exam preparation, Primavera P6 planning and scheduling, PRINCE2, cost control and earned value, risk management, and contract management from tendering through claims and close-out. Courses use live project scenarios rather than theory alone.
Who should attend a projects and contracts course?
These courses suit project and programme managers, planners and schedulers, project engineers, cost and contract engineers, procurement and commercial staff, and team leaders moving into project delivery roles. PMP preparation additionally assumes documented project experience, which PMI verifies at application.
How long are projects and contracts courses, and where are they held?
Most Al-Khobraa projects and contracts courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.
What certificate will I receive?
Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.
Can projects and contracts training be delivered in-house for our team?
Yes. Any Al-Khobraa projects and contracts course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.