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:

  • 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:

  • 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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