Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Contract Management Course

By: Tom Associates Training  

Lagos State, Nigeria

21 - 24 Sep, 2021  4 days

Follow Event

  

NGN 155,000

Venue: 5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos

Organisations 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 (BOT)
  • Contract Stakeholders Management for Effective Results
    • Elements of stakeholders management
    • Stakeholders analysis
    • Stakeholders planning
    • Stakeholders prioritisation 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 Prioritisation and Categorisation
  •  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 Sep 21 - 24 Sep, 2021

Registration: 09:00:am - 04:00:am

NGN 155,000.00(Vat Inclusive)
(Convert Currency)

Mr Abiodun Toki 08033019120

3 – 4 participants: 5% discount 5 or more participants: 10% discount

Related Courses

Investment Analysis and Portfolio Management Course Investment Analysis and Portfolio Management Course

4 days, 02 - 05 Nov, 2021 

2021-11-02 12:11:00 2021-11-02 12:11:00
Lagos State, Nigeria

Tom Associates Training

This course is tailored in a step by step approach aimed at equipping candidates to understand how to analyse any investment and make proper investment decision. The program will cover various ...

Business Development Programme for Area and Regional Managers Business Development Programme for Area and Regional Managers

5 days, 22 - 26 Nov, 2021 

2021-11-22 12:11:00 2021-11-22 12:11:00
Lagos State, Nigeria

Tom Associates Training

Area and Regional Business Managers are the mini-CEO of their regions. They must: Understand business strategy Manage the company's business successfully Master profitable Sales and Marketing ...

Innovating for Business - Rethinking Products and Service Success Strategies Innovating for Business - Rethinking Products and Service Success Strategies

2 day, 21 - 22 Oct, 2021 

2021-10-21 12:10:00 2021-10-21 12:10:00
Lagos State, Nigeria

Tom Associates Training

Yours should be a learning organisation filled with people who constantly develop new solutions and ideas for products and services; who navigate new routes and open up new business frontiers; who ...

Mastering Digital and Social Media Marketing Course Mastering Digital and Social Media Marketing Course

5 days, 22 - 26 Nov, 2021 

2021-11-22 12:11:00 2021-11-22 12:11:00
Lagos State, Nigeria

Tom Associates Training

Course Contents Day One • Digital Footprint                - Customer engagement self-assessment • The Digital ...