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العقود
19605

Advanced Contract and Commercial Management

17-11-2024 To 21-11-2024
Kuwait

This course offers a comprehensive approach to advanced contract and commercial management, focusing on optimizing costs while ensuring compliance and risk mitigation. Participants will learn how to draft enforceable contracts, negotiate favorable terms, manage contract execution, and monitor performance. The course emphasizes cost management strategies in contract negotiations and execution, providing practical insights into achieving better commercial outcomes. Through practical exercises, case studies, and group discussions, participants will gain the tools needed to drive profitability while managing risks effectively.

Date :
From 17 Till 21 Nov. 2024
City :
Kuwait
Fees :
4300
Date :
From 17 Till 21 Nov. 2024
City :
Kuwait
Fees :
4300

Overview

To provide participants with advanced skills in managing complex contracts and commercial relationships, with an emphasis on cost control, risk management, and value optimization. Participants will learn how to draft, negotiate, execute, and manage contracts to maximize profitability, ensure legal and regulatory compliance, and effectively manage contractual risks and opportunities.

This course offers a comprehensive approach to advanced contract and commercial management, focusing on optimizing costs while ensuring compliance and risk mitigation. Participants will learn how to draft enforceable contracts, negotiate favorable terms, manage contract execution, and monitor performance. The course emphasizes cost management strategies in contract negotiations and execution, providing practical insights into achieving better commercial outcomes. Through practical exercises, case studies, and group discussions, participants will gain the tools needed to drive profitability while managing risks effectively.

Who Should Attend

Target Group:

  • Contract managers and administrators
  • Commercial managers and procurement officers
  • Project managers responsible for contract execution
  • Legal professionals involved in contract negotiation and compliance
  • Risk managers overseeing contractual risks
  • Business development and sales professionals
  • Financial officers managing contract budgets and cost control
  • Procurement professionals and supply chain managers
  • Understand the principles of advanced contract and commercial management.
  • Develop skills in drafting, negotiating, and managing complex contracts.
  • Learn to identify and manage contractual risks and opportunities.
  • Gain expertise in ensuring compliance with legal and regulatory requirements.
  • Enhance capabilities in contract execution, performance monitoring, and dispute resolution.
  • Implement strategies to optimize commercial outcomes and value delivery.
  • Learn cost management strategies in contract negotiation and execution.
  • Understand how to integrate cost control mechanisms into contracts for profitability.

Targeted Competencies

  • Proficiency in contract drafting, negotiation, and management with a cost-focused approach
  • Skills in identifying and managing contractual risks while controlling costs
  • Expertise in ensuring legal and regulatory compliance in contracts
  • Ability to monitor contract performance and manage disputes while minimizing associated costs
  • Knowledge of strategies to optimize commercial outcomes and value delivery through effective cost management

Introduction to Contract and Commercial Management

  • Overview of contract and commercial management principles
  • The role of contracts in business success and project delivery
  • Key elements of effective commercial management
  • Understanding the impact of contract terms on project costs
  • Case studies on successful contract and commercial management
  • Contract Creation and Negotiation

  • Drafting clear and enforceable contracts
  • Best practices for negotiating favorable terms and conditions
  • Incorporating cost control clauses into contracts
  • Managing negotiations with multiple stakeholders
  • Practical exercises in drafting and negotiating contracts with cost optimization in mind
  • Contact Us

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