Certificate in Contract Development, Negotiation & Management (CCDNM™)

  • Dates: 20, September 2020 - 24, September 2020
  • Location: Dubai, United Arab Emirates
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Overview

Certificate in Contract Development, Negotiation & Management (CCDNMTM)

Increasingly organisations globally are looking to their contracting function to effectively underpin the operational benefits obtained through both tendering and or negotiation. In addition to effectively contractualising these benefits, contract teams are also expected to be able to balance liabilities, protect against the impacts of termination and ensure that the resulting contract is legally compliant and effective both locally, regionally and internationally.

This interactive five day accredited course leads delegates through the full end of the contracting process, from establishing the specific contract objectives and prioritization of these objectives, through to effective contract negotiation and drafting. The course covers both the technical/legal aspects of contract construction and also expands to incorporate cross cultural contract considerations within both UNCITRAL and International Law and crucially the art of cross cultural negotiation from both a Western, Middle East and Pan-Asean perspective. Enabling delegates to complete the course fully equipped with an understanding of the key legal principles that underpin contracts globally and how these principles may be utilized within effective contract clause construction in order that they are able to provide the optimum contract format that both protects against risks whilst providing capture of operational benefits.


Benefits of attending

By attending this interactive course you will be equipped with the skills to:

  • Limit your organization’s exposure through effective contract structuring, negotiation & drafting
  • Cultivate a better understanding and appreciation of contracting strategies
  • Gain knowledge of complex agreements and the terms and conditions that most often cause contention
  • Build flexibility into your contracts by reviewing the applicability of provisions
  • Incorporate the latest international legislative and legal issues into your contract risk management process, including UNCITRAL Framework
  • Discover current best practice and techniques for defining and managing contract risk, setting & managing performance criteria
  • Examine and evaluate the methodology and benefits behind standard contracts
  • Review key contractual differences between products, services and solutions
  • Explore distribution, sub-contracting, and other third-party relationships.
  • Appreciate the key principles behind contractual damage clauses and apply these principles for optimum outcomes for your organization.


Who should attend?

This highly practical and interactive course has been specifically designed for:

  • Contract Management Professionals
  • Contract Managers and Administrators
  • Contract Negotiators
  • Contract Lawyers and Attorneys
  • Sales Contracting Professionals, including key account managers
  • Purchasing, Sourcing and Supply Management Professionals
  • Procurement Managers
  • Finance Professionals involved in contracting
  • Operational Managers
  • Commercial Relationship Managers
  • Risk & Compliance Managers
  • Plus! End-users who impact, or are impacted by, the contracting process

Course Outline

5 Day Course Outline

Prioritizing the contracting objectives

  • Developing a list of contracting objectives – technical and commercial to legal
  • Balancing Quality, Cost, Delivery & Risk considerations
  • The difference between rating and ranking – and the iterative approach
  • Separating wants from needs – defining mission critical contractual objectives & managing stakeholder expectation

Key Contract provisions

  • Reassessing indemnity and warranty clauses
  • Appraisal and benefits of “Knock for Knock” Liability Clauses
  • Understanding the full effects of Anti-Indemnity statutes
  • Considering alternative pricing clauses –whole life cost approach and alignment with
  • Contract objectives
  • Overview of contractual obligations which may only be determined by the court
  • HSE, Pollution/Spillage
  • Case study analysis & review – BP & TransOcean

Contract Disputes

  • Determine the best course of action through applied risk assessment
  • Consider your termination rights and the consequences for your operations
  • Look for alternatives in penalty clauses and rights of release clauses
  • Enforcing clear language in unclear circumstances

Contract negotiation considerations

  • Can enterprises renegotiate rates on the basis of the current market chaos?
  • Cost analysis models in contract negotiations – issues and opportunities
  • Utilising Porters 5 Forces Model – Understand where the balance of power lies
  • Between Buyers & Contractors
  • Have you gained or lost negotiating power due to recent trends?

Understanding the power & influence matrix and their impact on contracting

  • The keys to maximizing power
  • Understanding the shift in power and how to control the shift
  • The impact of power on negotiations
  • Developing a contract specific power influence matrix
  • Aligning Contracting Contribution with organizational Strategy
  • Corporate growth strategies and how to enable them
  • Ensuring & demonstrating Corporate Governance through contracting
  • Policies that can be either enabled or disabled through effective contracting

Integrating sourcing and sales strategies into the contracting strategy

  • Strategic sourcing and category strategies
  • Understanding how sales and revenue recognition strategies drive transactions and negotiations
  • Integrating commercial relationships across the entire enterprise – how can sourcing impact sales and vice versa?

Defining the contracting process

  • The key phases in world-class contracting processes
  • Managing the gates in a gated contracting process
  • Mobilizing the optimal tools and talents throughout the contracting process

Key international and cross-cultural contracting Issues

  • Assessing key changes within international contracting frameworks – UNCITRAL Impact
  • Key elements of International Law & Trade treaties – The impact upon cross cultural Contracting
  • Key cultural considerations in contracting – from development and drafting to Negotiation and ongoing vendor relationship management
  • Executing contracts globally – review of key requirements including use of digital Signatures
  • Managing contractual breach – cultural considerations
Multi-Party contracting scenarios
Key Equipment and Materials contracts

  • Capital equipment agreements
  • Equipment rental and lease agreements
  • MRO in the operations environment
  • Ensuring supply continuity within remote operating environment
  • Contractually managing inventory to ensure operational performance

Key Service contracts

  • Maintenance services
  • Consulting and outsourcing services
  • Environmental remediation services
  • Transportation and logistics agreements
  • Joint ventures – Key IFRS definition & contract party management
  • Contractors and their sub-contractors ensuring compliance, reputational protection
  • For the buyer organization & exploring excusable/non-excusable delay clauses
  • Teaming agreements – risks and rewards
  • Distribution and reseller agreements
  • Effectively managing Force Majeure clauses

Open discussion on existing contract types and approaches

  • Types of Contracts – FEED Competition, EPC, EPCM, Reimbursable, Reimbursable
  • Convertible to Lump Sum, Lump Sum Turnkey, etc. & their pros and cons
  • Partnerships and Alliances in Contracts – Critical Issues (covering types of partnerships – JV, Consortium, Nominated Subcontractor, etc.)
  • Critical Contract Clauses and Related Issues, Contractual Risks in Contracts
  • Risks Management in Contracts
  • Contractual Risks and Mitigation Measures in Contracts, covering key contract terms and conditions, contractual risks, risks identification, mitigation and management
  • Claims Management in Contracts – A win-win approach (or) Effective Management of Variations & Claims
  • Disputes and Resolution Mechanisms in Contracts
  • Alternative Dispute Resolution (ADR) in Contracts
  • Disputes Management in Contracts
  • Dispute Avoidance and Mitigation- Overview of UNCITRAL Objectives under International Law

Effective contracting team dynamics

  • Creating an effective core team
  • Including stakeholders from across the organization as an extended team
  • The role of senior management and internal sponsors
  • Emotional intelligence (EI) –understanding and managing varying behavioural styles

Pursuing clarity and understanding how to attain it

  • Tips on how to generate greater clarity
  • The impact of clarity, or a lack of it, in overall contracting success
  • Understanding the sections of the contract which are open to the risk of ambiguity

Implementing a world class contracting strategy

  • Developing a project plan to implement a contract in both entities
  • Setting realistic timeframes and milestones
  • Anticipating resistance points and barriers – and overcoming them
  • The programme will include a series of group exercises with a high level of delegate interaction.

CCDNM™ Examination

The CCDNM™ examination is an open book exercise that should be submitted within 7 days of the event finishing.

*Only those who successfully complete the examination and participate effectively in the course case studies will receive the Certificate in Contract Development Negotiation and Management (CCDNM™).

Your trainers

Meet your course directors:

Steve MallabandSteve Mallaband

Steve is a contract professional with over 20 years experience, and has held senior positions with several large organisations both in the UK and abroad. During his career he has bought a large variety of goods and services and negotiated/managed a lot of large contracts – very often in an international context. For the last seven years he has provided training and consultancy to a variety of clients around the globe.

He is a knowledgeable, interesting and entertaining presenter who is able to draw on his practical experience as buyer, category manager, contract manager, procurement manager and VP Procurement to excellent effect.

Ros HowardRos Howard

Ros is a professional business trainer with a rich and varied career in industry and education. She believes that excellence in communication and other “soft skills” is vital for business success, and has a real passion for instilling learning in others. For the last 10 years she has provided training, coaching and consultancy to a variety of clients in many different countries and from many different organisations.

She is a dynamic and inspiring presenter who, having taught English as a foreign language, is particularly sensitive to the needs of the non-native English speakers.

Certification

Benefits, knowledge and skills gained by attending the CCDNMTM course

  • Gain the Certificate in Contract Development, Negotiation & Management (CCDNM™) which is certified, through independent assessment and accreditation, by the International Federation of Purchasing and Supply Management (IFPSM) PAS Standard
  • Use CCDNM™ on your business card and on your resume
  • The CCDNM™ certificate will be received approximately one month following the close of the training course.

The International Federation of Purchasing and Supply Management (IFPSM) – Accredited Certification

International Federation of Purchasing and Supply Management (IFPSM)

The Certificate in Contract Development, Negotiation & Management (CCDNM™) is certified, through independent assessment and accreditation, by the International Federation of Purchasing and Supply Management (IFPSM) PAS Standard. The accredited certificate reinforces our commitment to assuring the highest recognised Quality Standards in delivering and assessing Programmes internationally.

The International Federation of Purchasing and Supply Management (IFPSM) is the union of 48 National and Regional Purchasing Associations worldwide. Within this circle, about 250,000 Purchasing Professionals can be reached. IFPSM facilitates the development and distribution of knowledge to elevate and advance the procurement profession, thus favorably impacting the standard of living of citizens worldwide through improved business practices. The term procurement is taken to embrace purchasing, materials management, logistics, supply chain management and strategic sourcing. Read more on: www.ifpsm.org

The following Procurement and Supply Chain programs offered by Innoverto Training are certified by the International Federation of Purchasing and Supply Management (IFPSM).

This is an unique achievement with BMTG (UK) Ltd being the only organisation in the world, to have achieved this success, with five programs being accredited.

CPD standards Accreditation

Accredited by the prestigious CPD Standards Office.

CDP=AcceditedAny delegate who attends this Accredited course may be issued with a CPD Certificate of Attendance* upon request, which they can use within their formal CPD record for a professional body, institute, or employer. The CPD Standards Office accreditation services works in partnership with the Training Journal and the CPD Institute supporting all forms of professional development and CPD schemes globally and has an increasingly international reputation as the strongest currency in professional development. CPD extends across the globe and is undertaken in most countries. The CPD Certificate of Attendance is issued in soft copy only and contains the applicable CPD credits for each course.

Pricing Details


Prices

  • Super Early Bird Pricing
    Book and pay before 28, June 2020
    $2,900.00excl VAT tax 5%
  • Early Bird Pricing
    Book and pay before 09, August 2020
    $3,200.00excl VAT tax 5%
  • Standard Pricing
    $3,700.00excl VAT tax 5%

Download Brochure and Articles

To learn more and view the course outline fill the form below to download the brochure and related articles.

Registration details

  • Start Date
    20, September 2020
  • End Date
    24, September 2020
  • Time (GST)
    08:30 - 16:30
  • Course Code
    Invrt020
  • Location
    Dubai, United Arab Emirates
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Register for
Certificate in Contract Development, Negotiation & Management (CCDNM™)

  • Start Date
    20, September 2020
  • End Date
    24, September 2020
  • Time (GST)
    08:30 - 16:30
  • Course Code
    Invrt020
  • Location
    Dubai, United Arab Emirates

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