Contract Negotiation online course

Contract Negotiation online course

Key details

Mode of delivery: Online Course

Course code: PCM21FO

Duration: 1 day

Fee: £740.00 + VAT

CPD Hours: 6

Agenda

Contract Negotiation

  • Preparing to negotiate – planning, objectives, mandate, issues, strategies
  • Positional bargaining and Interest-based negotiation styles
  • Negotiator tactics and skills, making concessions
  • Tools and techniques to enhance your negotiation, including BATNA and ZOPA

Course Review

  • Summary and recap of key learning objectives
  • Action Planning

Target Audience

This course is suitable for:

  • Contract and Commercial Managers, and Contract Administrators managing active contracts
  • Procurement and Supply Chain Managers, and Vendor Management Professionals
  • Project Managers, Engineers, and Construction or Consultancy Contract Professionals
  • Claims, Variations, Delay, and Performance Management Professionals
  • Legal, Compliance, and Risk Management Professionals involved in contract interpretation
  • Finance and Cost Control Professionals supporting payments, claims, and contract performance
  • Operations Managers and Service Delivery Managers responsible for contractor performance
  • Professionals preparing for senior contract management responsibilities

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:

  • Develop negotiation strategies by understanding planning, mandate setting, and stakeholder interests.
  • Apply key negotiation concepts such as BATNA, ZOPA, and interest-based bargaining to contract discussions.
  • Utilise effective negotiation tactics and tools to manage contract variations and achieve favourable terms.

Categories

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