• Class and Course

    Contract Management

    Contract Management is a course that covers all the necessary skills needed to excel in contract management and structure a contract according to best practices. Also, participants will learn about maximizing the success of the contract by assessing and analyzing the external environment, managing external partners, and limiting risk for the project stakeholders. Participants will also use contracting to implement strategies at their organization and assist in managing organizational change. In addition, all the subjects are tied together at the end of the course to help participants apply these skills in today’s business environment.

    Learn about communication best practices

    Be able to use conflict best practices

    Understand how to engage in conflict resolution

    Know the negotiation best practices 

    Be able to use negotiation assessment, planning and styles

    Know the contract development best practices

    Be able to use the four contractual structures

    Know contract technical terms, conditions, terms of reference, tenders, provisions, legal terms and conditions

    Understand the various contract purchasing approaches, pricing models, risk payment & commercial terms

    Learn how to use dispute resolution and arbitration methods

    Know about contract termination provisions & exit strategies

    Be able to use contract stakeholder mapping

    Know the value of a contract context assessment

    Understand best practices in partnering, benchmarking and alliances

    Utilize proposal evaluation to make sure the contract is worthwhile

    Know about contractual valorization and cost estimating

    Understand how to use risk management in contracting

    Know about contractor and vendor selection & management

    Know about ‘Good Faith’ and exclusivity in contracts

    Be able to close the deal

    Understand the value of regular analysis of contracting results

    Know how contracting impacts organization PMO & strategic activities

    Understand change management best practices

    Use contracting in all areas of the Design to Ops/Maintenance continuum

    Business continuity

    Business preparedness


    This course is best for managers or leaders who will be asked by their organization to make or be involved in making decisions regarding natural gas contracts.

    • Communication best practices
    • Contract development
    • Technical and legal terms and conditions
    • Disputes and arbitration
    • Stakeholders
    • Benchmarking
    • Risk management and cost estimates
    • Closing the deal
    • Value analysis
    • Change management

    This course on Contract Management requires the ability to read and write English as well as good English oral communication abilities. 

    Currently there are no scheduled classes for this course.

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