The objective of this course is to provide participants with
a comprehensive understanding of contract management principles and practices,
from the drafting of contracts to their effective management and execution. By
the end of this course, participants will be able to:
- Understand the legal framework and fundamental principles of contract
management.
- Develop skills to draft, negotiate, and manage contracts effectively.
- Identify common risks and pitfalls in contracts and how to mitigate them.
- Implement best practices in contract execution, monitoring, and closure.
- Enhance their strategic approach to managing contractual relationships.
1. Introduction to Contract Management
- Overview of contract management
processes and principles.
- Understanding the legal framework
surrounding contracts.
2. Drafting Contracts
- Key elements of contract drafting.
- Common mistakes in contract language
and how to avoid them.
3. Negotiating Contracts
- Techniques for successful contract
negotiation.
- Managing stakeholder expectations
during the negotiation process.
4. Risk Management in Contracts
- Identifying potential risks in
contracts.
- Developing strategies for risk
mitigation and dispute resolution.
5. Monitoring and Managing Contracts
- Tools and techniques for contract
monitoring.
- Ensuring compliance and performance
during the contract life cycle.
Day 1: Introduction to Contract Management
- Overview of contract management concepts and the legal framework.
- Key components of a well-drafted contract.
- Group discussion and case studies.
Day 2: Drafting Contracts
- Practical exercises on drafting contracts.
- Common language and clauses to include and avoid.
- Hands-on group work and feedback sessions.
Day 3: Contract Negotiation Strategies
- Techniques and methods for successful negotiation.
- Role-playing negotiation scenarios and feedback.
- Case studies on successful and failed negotiations.
Day 4: Risk Management in Contracting
- Identifying and mitigating risks in contracts.
- Strategies for resolving disputes and avoiding litigation.
- Group problem-solving activities.
Day 5: Managing Contracts and Best Practices
- Effective tools for contract monitoring and management.
- Ensuring compliance and performance.
- Wrap-up discussion and course evaluation.
El Hady Ennahiou is an experienced oil and gas professional specializing in drilling operations, production
optimization, and reservoir engineering. With a strong background in field development and project
management, he has led significant projects for major companies such as Aramco and Chevron. His expertise
includes well planning, production optimization, and regulatory compliance in upstream operations. El Hady's
deep knowledge of economic modeling and stakeholder management makes him a valuable asset in providing
strategic guidance for complex drilling projects.
El Hady Ennahiou is an experienced oil and gas professional specializing in drilling operations, production
optimization, and reservoir engineering. With a strong background in field development and project
management, he has led significant projects for major companies such as Aramco and Chevron. His expertise
includes well planning, production optimization, and regulatory compliance in upstream operations. El Hady's
deep knowledge of economic modeling and stakeholder management makes him a valuable asset in providing
strategic guidance for complex drilling projects.
Contract Management: From Principles to Action
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