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SUMMARY:Contract Management for Non-Contract Professionals
DESCRIPTION:Introduction\nThis Contract Management for Non-Contract Profess
 ionals training course is designed to equip participants with essential ski
 lls and knowledge in relation to contracts\, commercial obligations\, and c
 ontract law to enhance their leadership presence and contribution in busine
 ss contract negotiation and management. By applying these competencies to t
 heir professional roles\, participants will gain the confidence to address 
 the key challenges and tasks they encounter in their work\, enabling them t
 o become valuable assets in contract management processes.\nThe course focu
 ses on fundamental aspects of Contract Lifecycle Management (CLM) and teach
 es participants how to manage contract risks effectively\, which is crucial
  in today’s business environment.\nCourse Objectives\nThis course aims to
  provide participants with the ability to understand and manage contracts e
 fficiently\, with the following objectives:\n\nUnderstand the fundamentals 
 of contracts and the key elements that make a contract valid.\nLearn about 
 commercial obligations and how to manage them in a contractual context.\nId
 entify variations in contract requirements and how these changes can be man
 aged effectively.\nGain insight into jurisdictional variations in internati
 onal business and contract law.\nUnderstand the various types of contract a
 greements\, such as lump sum contracts and BOT contracts.\nLearn to identif
 y and manage contract risks\, ensuring the sustainability and compliance of
  agreements.\n\nCourse Outlines\nDay 1: An Introduction to Contracts\n\nUnd
 erstand the concept of offer and acceptance in contracts.\nImportance of ag
 reeing on main contract terms for a valid agreement.\nImplications of contr
 actual agreements and commercial obligations.\nFundamentals of commercial l
 aw and contractual obligations.\nKey relationships that underpin contractua
 l obligations.\nConsequences of a breach of contract.\nThe concept of legal
  jurisdiction in contract agreements.\n\nDay 2: Commercial Relationships an
 d Obligations\n\nExplaining the contracting structure in international busi
 ness.\nUnderstanding key terms used in commercial agreements.\nExplanation 
 of applied contract law.\nOverview of agency relationships\, partnerships\,
  international sales (including the use of Incoterms)\, insurance\, intelle
 ctual property\, dispute resolution\, insolvency\, and bankruptcy.\n\nDay 3
 : Types of Contractual Agreements\n\nDifferentiating between various types 
 of contracts such as lump sum\, schedule of rates\, bills of quantities\, a
 nd reimbursable contracts.\nConsideration of risk and reward sharing contra
 cts and BOT contracts.\nDiscussing different management approaches for vari
 ous types of contracts.\n\nDay 4: Standard Contracts and Common Terms\n\nIn
 troduction to model contracts and the importance of using industry and comp
 any standard terms.\nA review of common contract clauses such as warranties
 \, defects liability\, variations\, liquidated damages\, penalties\, limits
  of liability\, suspension\, and termination.\nManaging contractual issues 
 arising from these common clauses.\n\nDay 5: Contract Management and Risk A
 ssessment\n\nRole of the contract manager and key responsibilities.\nMethod
 s for controlling third-party risks in contracts.\nUnderstanding the concep
 t of consequential loss.\nExploring the concept of frustration of contract 
 and Force Majeure.\nBest practices for closing out contracts and maintainin
 g proper contract records.\n\nWhy Attend This Course: Wins & Losses!\n\nLea
 rn the key concepts of Contract Lifecycle Management (CLM) and contract ris
 k management\, enhancing your skills in contract management.\nGain the know
 ledge needed to manage contractual obligations and mitigate risks effective
 ly.\nReceive a contract management certification that will add significant 
 value to your professional profile.\nApply best practices in contract manag
 ement and learn how to handle various types of contracts and clauses.\nDeve
 lop risk management strategies that will safeguard your business from unnec
 essary legal and financial challenges.\n\nConclusion\nThis Contract Managem
 ent for Non-Contract Professionals course is an essential opportunity for i
 ndividuals seeking to enhance their understanding of contract management ba
 sics and build skills to handle commercial contracts confidently. By acquir
 ing in-depth knowledge of contract lifecycle management and risk management
  processes\, participants will be better equipped to navigate the complexit
 ies of business contracts\, protect their organizations\, and contribute mo
 re effectively to contract negotiations.\nThis certification will not only 
 elevate your contract management expertise but also make you a valuable ass
 et in any business environment.
LOCATION:Istanbul
DTSTAMP:20260614T220745Z
DTSTART:20260604T034500Z
DTEND:20260617T210500Z
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