Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

Contract Management Course

By: Tom Associates  

Lagos State, Nigeria

05 - 08 Dec, 2017  4 days

Follow Event


NGN 136,500

Organizations need effective contract management practices to avoid risk and achieve optimal outcomes. This course provides the knowledge and skills to successfully manage and execute the contracting process.

Competencies the Course Delivers

  • Ability to apply effective contracting strategies to maximize results and minimize risk
  • Ability to manage a contract life cycle properly
  • Ability to select the most qualified vendors
  • Ability to orchestrate the negotiation process for "win-win" outcomes
  • Ability to achieve the delivery of intended objectives and successful contract closure.

Course Contents

Day One

  • Introduction to Contract concepts
  • The basis of contract around the world
  • Contract formation
  • Contract formalities
  • Authority to contract
  • The Board of Tender (BOD)
  • Contract Stakeholders Management for Effective Results
  • Elements of stakeholder’s management
  • Stakeholder’s analysis
  • Stakeholders planning
  • Stakeholder’s prioritization techniques
  • Supply Chain Management in Contracts Management
  • What exactly is the Supply Chain Management?
  • How the Supply Chain works
  • The logistics of Contract in the Chain
  • The buyer’s influence on the Supply Chain
  • Common mistakes in contract management and solutions

Day Two

  • Contract Creation Procedures
  • Competitive tendering
  • Dealing with challenges
  • Single/Sole sourcing
  • Framework agreements
  • Negotiated contracts
  • Different contract types
  • Traditional
  • More innovative
  • Selecting the right one for the project
  • Using standard forms of contracts (Company and International)
  • Awarding the contract
  • Letters of intent
  • Letters of Award
  • Conditions precedent
  • Conditions Subsequent
  • Collateral documents
  • Bonds
  • Guarantees
  • Insurance Arrangements
  • De-briefing bidders
  • Kick–off meetings
  • Drafting contracts
  • Clarity of language
  • Issues with translations
  • Issues with translations
  • Interpretation of Critical Contract Clauses
  • Health Safety and the Environment
  • Standard of work/products/service
  • Change to the scope of work
  • Indemnities
  • Insurance
  • Liquidated damages
  • Penalties
  • Force Majeure
  • Limitation of liability
  • Warranty and guarantee periods
  • Termination
  • Entire agreement
  • Notices
  • The Nigerian Contract Laws and Applications
  • Contract Business Process Management
  • Contract Management Planning
  • Strategic Alignment for the Contract Manager

Day Three

  • Contract management detailing technique
  • The work structure of contract management
  • Contract planning work conversion method
  • Implementation technique
  • Contract Financial Management
  • Budget Forecasting
  • Budget development structuring
  • Contract Master Budgeting
  • Contract Financial Performance management
  • Contract Risk Management
  • Contract Risk Auditing
  • Contract Risk Prioritization and Categorization
  • Contracts types
  • Types of contracts and implementation techniques
  • Contract strategies and techniques
  • Using the difference in real life situations

Day Four

  • Effective Negotiation in Contract Management
  • Contract Performance Management
  • Supplier Development Programming
  • Vendor Administration
  • Strategic Supplier workshop development
  • Contract Management technological development
  • Introduction to Electronic Contracts
  • Supplier Management Integration system
  • Oracle Enterprise Resource Planners V. Contract
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos. Dec 05 - 08 Dec, 2017

Registration: 08:30:am - 09:00:am

Class Session: 09:00:am - 04:00:am

NGN 136,500.00(Including VAT)
(Convert Currency)


Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Facility Maintenance and Management Training Facility Maintenance and Management Training

3 days, 09 - 11 May, 2018 

2018-05-09 12:05:00
Lagos State, Nigeria

Tom Associates

This is a programme for Facility Managers and Office Managers who support the Facility Managers. It is to give them the know-how to effectively manage the physical assets. The programme will make all ...

Fundamentals of Risks Associated with Contracts Fundamentals of Risks Associated with Contracts

3 days, 09 - 11 May, 2018 

2018-05-09 12:05:00
Lagos State, Nigeria

Tom Associates

Contract risks are any uncertainties about the future that threatens the ability to accomplish a contract's mission. They can emanate from both parties or even from a third party. So, in the ...

Mastering Tax Administration Mastering Tax Administration

3 days, 20 - 22 Jun, 2018 

2018-06-20 12:06:00
Lagos State, Nigeria

Tom Associates

In recognition of the difficulty accounting officers often encounter when dealing with and preparing tax computations and returns, this course has been specially designed to assist candidates to ...

Taking People with You to Achieve Big Goals Course Taking People with You to Achieve Big Goals Course

3 days, 18 - 20 Apr, 2018 

2018-04-18 12:04:00
Lagos State, Nigeria

Tom Associates

This Taking People with you - Insight - Driven leadership for Big goals is a course that gets every aspiring leader into three insights for leadership success, namely: Insight into a Big Goal that ...