Contract Management and Formulation

Dates flexible
Course Type
Professional Training Course
Yes (Details)
Course Fee

Course Overview


By the end of this program the participant will be able to:

Understand the role and scope of the contract management. Understand and employ suitable contracting methods. Be familiar with the different types of contracts. Select the right type of contracts. Be able to provide better outcomes from contracts. Review contract administration techniques. Explore contract monitoring techniques. Learn how to get fair treatment in contract changes. Know how to analyze contracts. Handle difficult contract management problems. Discuss contract termination issuesLearn how to deal with financial problems and their practical solutions. How to prepare for claims and disputes.

Who should take this course

Contract Administrators
Project Coordinators and Contracts Officers and Managers Engineering Project Managers
Construction Managers and Tenders Managers Buyers Purchasing Managers and Project Managers



Course content

Day 1 - Effective Contract Management:

  • The Most Critical Elements
  • Key Players in Contract Administration
  • Analysis of the Contract Establishing Major Deliverables

Day 2 - What Needs To Be Measured?:

  • The Most Critical Elements
  • Typical Outputs Of Contract Management
  • Monitoring Techniques
  • Identify The Risk Responses To Risk

Day 3 - Contract Types:

  • Administration In Cost Type Contracts
  • Economic Price Adjustments
  • Maintaining Contract Schedules
  • Major Causes Of Changes
  • Contract Price Changes

Day 4 - Evaluating Price Changes:

  • Practical Considerations for Bonds & Guarantees
  • Types of Bonds and Guarantees
  • Contract termination issues

Day 5 - Financial problems and their practical solutions:

  • Claims and disputes
  • Case studies

About Course Provider

London Training for Excellence offer a wide range of training courses in London for organisations and individuals who wish to advance their skills and knowledge in the business world. With a great training centre in London, London TFE have everything that is needed to understand the basic needs of a business. Each course focuses on the ‘real-life’ issues a business could face and how to tackle them with ease.

London TFE have a team of enthusiastic leaders and instructors who share a passion for education and want to deliver that same passion to every individual who wish to take a business to succession. Each training courses London encourages individual to aim high and reach their full potential.

How to enroll?

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