Key details
Mode of delivery: Online Course
Course code: PCM23BO
Duration: 3 days
Fee: £2,204.00 + VAT
CPD Hours: 18
Course Overview
This intensive three-day course is designed for professionals looking to enhance their strategic approach to contract management. Focusing on contractual rights and obligations, claims handling, variations, and negotiation strategies, this programme provides practical tools to manage risk, enforce contracts effectively, and optimise contract performance. Participants will explore real-world case studies and best practices, making it ideal for mid-to-senior level contract managers, procurement specialists, and project professionals who need to take their contract management expertise to the next level.
Agenda
Day – 1 Contractual Obligations and Rights in a Typical Construction Contract
- Employer and Contractor rights and obligations (including warranties)
- Standards of work – Reasonable skill and care, Fitness for purpose in design
- Relationships between contracts and negligence
- Case study of a model agreement – NEC/FIDIC templates
Day – 2 Claims, Variations and Delay
- Managing contract variations
- Consequences of delay, including delays by the employer or the contractor
- Handling contractor claims for extension of time and additional costs, acceleration or disruption
- Liquidated damages
Day – 3 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:
- Procurement managers and supply chain professionals responsible for contract strategy and risk assessment.
- Project managers who handle contract variations, delays, and performance issues.
- Legal and compliance professionals involved in contract review and risk mitigation.
- Contract and commercial managers who handle contract extensions, defects, contractor claims and disputes.
- Professionals in construction, oil and gas, energy, engineering, and manufacturing industries who manage contract performance.
Learning Outcomes
By the end of this course, you will be able to implement a successful strategy that enables you to:
- Explain key contractual rights and obligations of contractors and employers, including warranties and fitness-for-purpose requirements.
- Assess the standard of work expected in construction contracts and its relationship with negligence claims.
- Analyse a model agreement (NEC/FIDIC) to understand how contractual obligations and intellectual property rights are structured.
- Identify and evaluate different types of contract variations and their impact on project scope and cost.
- Analyse the consequences of delays caused by both employers and contractors and determine appropriate remedies.
- Apply legal and contractual principles to assess claims for additional time, costs, acceleration, and liquidated damages.
- 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.
