The Essentials of Contracting and Contract Negotiation Course

Gain essential skills in contracting and contract negotiation. Join this training course to succeed in managing contractual agreements. BMC Training offers The Essentials of Contracting and Contract Negotiation Course in Project , Procurement and Contracts Courses.

  • English
  • 105 Training Sessions
  • Confirmed
  • Two Weeks
The Essentials of Contracting and Contract Negotiation Training Course

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Type a city name or a month
Venue Start Date End Date Net Fees Details & Registration
Istanbul , Turkey 28 - Jul - 2024 8 - Aug - 2024 9400 GBP
Bali , Indonesia 28 - Jul - 2024 8 - Aug - 2024 16200 GBP
Singapore , Singapore 28 - Jul - 2024 8 - Aug - 2024 15000 GBP
Washington , United States 28 - Jul - 2024 8 - Aug - 2024 22000 GBP
Istanbul , Turkey 4 - Aug - 2024 15 - Aug - 2024 9400 GBP
Bali , Indonesia 4 - Aug - 2024 15 - Aug - 2024 16200 GBP
Singapore , Singapore 4 - Aug - 2024 15 - Aug - 2024 15000 GBP
Washington , United States 4 - Aug - 2024 15 - Aug - 2024 22000 GBP
Kuala Lumpur , Malaysia 11 - Aug - 2024 22 - Aug - 2024 9500 GBP
Rome , Italy 11 - Aug - 2024 22 - Aug - 2024 14600 GBP
Barcelona , Spain 11 - Aug - 2024 22 - Aug - 2024 13900 GBP
Zurich , Switzerland 11 - Aug - 2024 22 - Aug - 2024 15900 GBP
Dubai , UAE 18 - Aug - 2024 29 - Aug - 2024 9737.5 GBP
Paris , France 18 - Aug - 2024 29 - Aug - 2024 13400 GBP
Hong Kong , Hong Kong 18 - Aug - 2024 29 - Aug - 2024 17000 GBP
London , UK 25 - Aug - 2024 5 - Sep - 2024 9900 GBP
Madrid , Spain 25 - Aug - 2024 5 - Sep - 2024 13900 GBP
Munich , Germany 25 - Aug - 2024 5 - Sep - 2024 15800 GBP
Berlin , Germany 25 - Aug - 2024 5 - Sep - 2024 15800 GBP
New York , United States 25 - Aug - 2024 5 - Sep - 2024 21800 GBP
Amsterdam , Netherlands 25 - Aug - 2024 5 - Sep - 2024 16200 GBP
Tokyo , Japan 18 - Aug - 2024 29 - Aug - 2024 19500 GBP
Milan , Italy 25 - Aug - 2024 5 - Sep - 2024 13900 GBP
Madrid , Spain 22 - Sep - 2024 3 - Oct - 2024 13900 GBP
London , UK 22 - Sep - 2024 3 - Oct - 2024 9900 GBP
Munich , Germany 22 - Sep - 2024 3 - Oct - 2024 15800 GBP
Berlin , Germany 22 - Sep - 2024 3 - Oct - 2024 15800 GBP
New York , United States 22 - Sep - 2024 3 - Oct - 2024 21800 GBP
Amsterdam , Netherlands 22 - Sep - 2024 3 - Oct - 2024 16200 GBP
Dubai , UAE 1 - Sep - 2024 12 - Sep - 2024 9737.5 GBP
Paris , France 1 - Sep - 2024 12 - Sep - 2024 13400 GBP
Hong Kong , Hong Kong 1 - Sep - 2024 12 - Sep - 2024 17000 GBP
London , UK 8 - Sep - 2024 19 - Sep - 2024 9900 GBP
Madrid , Spain 8 - Sep - 2024 19 - Sep - 2024 13900 GBP
Munich , Germany 8 - Sep - 2024 19 - Sep - 2024 15800 GBP
Berlin , Germany 8 - Sep - 2024 19 - Sep - 2024 15800 GBP
New York , United States 8 - Sep - 2024 19 - Sep - 2024 21800 GBP
Amsterdam , Netherlands 8 - Sep - 2024 19 - Sep - 2024 16200 GBP
Istanbul , Turkey 15 - Sep - 2024 26 - Sep - 2024 9400 GBP
Bali , Indonesia 15 - Sep - 2024 26 - Sep - 2024 16200 GBP
Singapore , Singapore 15 - Sep - 2024 26 - Sep - 2024 15000 GBP
Washington , United States 15 - Sep - 2024 26 - Sep - 2024 22000 GBP
Milan , Italy 22 - Sep - 2024 3 - Oct - 2024 13900 GBP
Tokyo , Japan 1 - Sep - 2024 12 - Sep - 2024 19500 GBP
Milan , Italy 8 - Sep - 2024 19 - Sep - 2024 13900 GBP
Istanbul , Turkey 20 - Oct - 2024 31 - Oct - 2024 9400 GBP
Bali , Indonesia 20 - Oct - 2024 31 - Oct - 2024 16200 GBP
Singapore , Singapore 20 - Oct - 2024 31 - Oct - 2024 15000 GBP
Washington , United States 20 - Oct - 2024 31 - Oct - 2024 22000 GBP
Kuala Lumpur , Malaysia 27 - Oct - 2024 7 - Nov - 2024 9500 GBP
Rome , Italy 27 - Oct - 2024 7 - Nov - 2024 14600 GBP
Barcelona , Spain 27 - Oct - 2024 7 - Nov - 2024 13900 GBP
Zurich , Switzerland 27 - Oct - 2024 7 - Nov - 2024 15900 GBP
Dubai , UAE 6 - Oct - 2024 17 - Oct - 2024 9737.5 GBP
Paris , France 6 - Oct - 2024 17 - Oct - 2024 13400 GBP
Hong Kong , Hong Kong 6 - Oct - 2024 17 - Oct - 2024 17000 GBP
London , UK 13 - Oct - 2024 24 - Oct - 2024 9900 GBP
Madrid , Spain 13 - Oct - 2024 24 - Oct - 2024 13900 GBP
Munich , Germany 13 - Oct - 2024 24 - Oct - 2024 15800 GBP
Berlin , Germany 13 - Oct - 2024 24 - Oct - 2024 15800 GBP
New York , United States 13 - Oct - 2024 24 - Oct - 2024 21800 GBP
Amsterdam , Netherlands 13 - Oct - 2024 24 - Oct - 2024 16200 GBP
Tokyo , Japan 6 - Oct - 2024 17 - Oct - 2024 19500 GBP
Milan , Italy 13 - Oct - 2024 24 - Oct - 2024 13900 GBP
London , UK 17 - Nov - 2024 28 - Nov - 2024 9900 GBP
Madrid , Spain 17 - Nov - 2024 28 - Nov - 2024 13900 GBP
Munich , Germany 17 - Nov - 2024 28 - Nov - 2024 15800 GBP
Berlin , Germany 17 - Nov - 2024 28 - Nov - 2024 15800 GBP
New York , United States 17 - Nov - 2024 28 - Nov - 2024 21800 GBP
Amsterdam , Netherlands 17 - Nov - 2024 28 - Nov - 2024 16200 GBP
Dubai , UAE 24 - Nov - 2024 5 - Dec - 2024 9737.5 GBP
Paris , France 24 - Nov - 2024 5 - Dec - 2024 13400 GBP
Hong Kong , Hong Kong 24 - Nov - 2024 5 - Dec - 2024 17000 GBP
London , UK 3 - Nov - 2024 14 - Nov - 2024 9900 GBP
Madrid , Spain 3 - Nov - 2024 14 - Nov - 2024 13900 GBP
Munich , Germany 3 - Nov - 2024 14 - Nov - 2024 15800 GBP
Berlin , Germany 3 - Nov - 2024 14 - Nov - 2024 15800 GBP
New York , United States 3 - Nov - 2024 14 - Nov - 2024 21800 GBP
Amsterdam , Netherlands 3 - Nov - 2024 14 - Nov - 2024 16200 GBP
Istanbul , Turkey 10 - Nov - 2024 21 - Nov - 2024 9400 GBP
Bali , Indonesia 10 - Nov - 2024 21 - Nov - 2024 16200 GBP
Singapore , Singapore 10 - Nov - 2024 21 - Nov - 2024 15000 GBP
Washington , United States 10 - Nov - 2024 21 - Nov - 2024 22000 GBP
Milan , Italy 17 - Nov - 2024 28 - Nov - 2024 13900 GBP
Tokyo , Japan 24 - Nov - 2024 5 - Dec - 2024 19500 GBP
Milan , Italy 3 - Nov - 2024 14 - Nov - 2024 13900 GBP
Istanbul , Turkey 15 - Dec - 2024 26 - Dec - 2024 9400 GBP
Bali , Indonesia 15 - Dec - 2024 26 - Dec - 2024 16200 GBP
Singapore , Singapore 15 - Dec - 2024 26 - Dec - 2024 15000 GBP
Washington , United States 15 - Dec - 2024 26 - Dec - 2024 22000 GBP
Kuala Lumpur , Malaysia 22 - Dec - 2024 2 - Jan - 2025 9500 GBP
Rome , Italy 22 - Dec - 2024 2 - Jan - 2025 14600 GBP
Barcelona , Spain 22 - Dec - 2024 2 - Jan - 2025 13900 GBP
Zurich , Switzerland 22 - Dec - 2024 2 - Jan - 2025 15900 GBP
Dubai , UAE 1 - Dec - 2024 12 - Dec - 2024 9737.5 GBP
Paris , France 1 - Dec - 2024 12 - Dec - 2024 13400 GBP
Hong Kong , Hong Kong 1 - Dec - 2024 12 - Dec - 2024 17000 GBP
London , UK 8 - Dec - 2024 19 - Dec - 2024 9900 GBP
Madrid , Spain 8 - Dec - 2024 19 - Dec - 2024 13900 GBP
Munich , Germany 8 - Dec - 2024 19 - Dec - 2024 15800 GBP
Berlin , Germany 8 - Dec - 2024 19 - Dec - 2024 15800 GBP
New York , United States 8 - Dec - 2024 19 - Dec - 2024 21800 GBP
Amsterdam , Netherlands 8 - Dec - 2024 19 - Dec - 2024 16200 GBP
Tokyo , Japan 1 - Dec - 2024 12 - Dec - 2024 19500 GBP
Milan , Italy 8 - Dec - 2024 19 - Dec - 2024 13900 GBP

Course Syllabus

Introduction

The course will help delegates to develop their ability to negotiate contracts effectively. It will equip them with a range of interpersonal skills, and appreciation of the elements of planning and objective setting in negotiations. There will be an opportunity for delegates to carry out a self-assessment of their skills in key areas of negotiation including team negotiations.

Every day significant monies are made and lost by organizations as a result of the contractual terms and conditions governing contracts for the purchase of goods, equipment, and services. Since all business activities are governed by contractual relationships, it is increasingly important for all those dealing with outside organizations to have an understanding of how to obtain the best possible agreement for their organization.

This course will feature:

  • How contracts are created and the main clauses that appear in contracts
  • Alternative contracting strategies and structures
  • Methods to be used in negotiating contracts
  • Commercial issues arising from business agreements written in the English language
  • Negotiating  contractual variations and claims

Objectives

  • Understand how contracts are formed
  • Explain how to use contract provisions to reduce the risk of disputes
  • Understand the impact dispute may have on relationships over the long term
  • Describe the use of strategies to resolve the causes of disputes
  • Improve appreciation of legal issues in contracts and develop new skills in negotiation.

Content

Day One

How contracts are formed

  • The reasons for using contracts
  • Basic principles in contract formation
  • Examples of formalities for contract formation
  • Authority to sign a contract and the principles of agency
  • Basic contractual structures
  • Use of different types of contract for different business models

Day Two

Main contract provisions and associated issues: managing risk

  • Hierarchy of contract terms
  • Warranty, Indemnity and Insurance provisions
  • Distribution of risk and performance obligations
  • Termination, suspension and force majeure
  • Selecting the appropriate law to govern the contract
  • Collateral warranties and entire agreement

Day Three

Changes and Variations

  • Changes to the contract
  • Transfer of rights: assignment and novation
  • Variation to the scope of work and variations clauses
  • Controlling and managing change
  • Minimising Claims and Disputes
  • Delay and disruption

Day Four

Standardising Contractual Documents and Securitising Performance

  • Use of standard form contractual documents
  • International standard form agreements
  • Bonds, guarantees and letters of assurance
  • Managing payment risk
  • Reservation of ownership
  • Remedies for default – rework,  re-performance, damages, penalties and performance

Day Five

Dispute Resolution and Conflict Management

  • Using contracts to avoid disputes
  • Tiered dispute resolution mechanisms
  • The Contract clause to encourage negotiation
  • Litigation and Arbitration
  • Modern dispute resolution processes including mediation
  • Course review and analysis

Day Six

Fundamentals of Negotiation

  • Negotiation defined
  • Disputes and the need for resolution
  • Place of negotiation in the contractual resolution process
  • Commercial impact of the breakdown of negotiations
  • Best Alternative To a Negotiated Agreement (BATNA)
  • The four phase process of negotiation

Day Seven

The Negotiator’s Toolbox

  • Preparation
  • Information needs
  • Drafting your proposal which will open the discussion
  • The negotiation discussion phase
  • Bargain and Close
  • Negotiating position setting

Day Eight

Negotiating Styles, Tactics and Ploys

  • Cultural & international issues
  • Red, Purple & Blue negotiators
  • Non-verbal communication and the interpretation of body language
  • Make time your friend
  • Silence and ploys as tactics and how to respond effectively

Day Nine

Personal Fitness and Dealing with Difficult Negotiations

  • Interests, positions and escalation
  • Stakeholder power behind the interests in negotiation
  • Negotiator as a Mediator
  • Team negotiations
  • Proposals and persuasion

Day Ten

Putting it all into practice

  • Negotiation case study
  • Team allocation and simulation exercise
  • Analysis of performance
  • The Do’s and Don’ts of Negotiating
  • Improving what we do - action planning

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