An Intensive 3-day Training Course
Contracts Management Principles and Practices
Managing Contract Performance, Risk, and Commercial Outcomes with Confidence
INTRODUCTION
Managers and professionals involved in the contracting process need to be effective and efficient in applying contract management principles and practices. Without the necessary knowledge and skills, they won’t obtain the best results from contractors, service providers, vendors and other business partners with whom their organisation is doing business. The process of contracting out is fraught with difficulties, that will trip up the untrained or inexperienced staff member.
This Contracts Management Principles and Practices online training course will give those staff the foundations to manage third-party contractors effectively after the contract award has been made – whether in the field of construction, the supply of equipment and materials, or in the delivery of services.
Participants attending the Contracts Management Principles and Practices Online training course will develop the following competencies:
- Learn what can go wrong when managing a supplier contract – and how it can damage their business
- Identify – and prepare for - risks that lie ahead in a contracting situation
- Increase their control of contract performance from the very start – before the contract is signed
- Practice how to motivate a supplier, and learn a range of techniques to use to improve his results
- Consider what to do if things go wrong – including stepping in, substitution, terminating and dispute resolution.
KEY SKILLS YOU WILL GAIN
After completing this training course, participants will be able to demonstrate the following skills and competencies:
- Contract Performance Control – Monitor and manage supplier obligations effectively
- Risk Identification & Mitigation – Anticipate and manage contractual risks early
- Commercial Awareness – Protect value for money throughout contract execution
- Variation & Claims Management – Control changes and manage financial impact
- Dispute Prevention & Resolution – Apply structured approaches to avoid escalation
TRAINING OBJECTIVES
This Contracts Management Principles and Practices online training course aims to enable participants to achieve the following objectives:
- Provide better outcomes from contracts, after the award has been made
- Monitor contract performance
- Know how to analyse contract obligations and risks
- Prepare for contract claims and disputes
- Negotiate and Control variations to contract
- Manage contract default, and consider remedies including termination
WHO SHOULD ATTEND?
This EuroMaTech online training course is suitable to a wide range of professionals but will greatly benefit:
- Contracts Engineers
- Contracts Administration Professionals
- Contract Analysts
- Contract Team Leaders and Administrators
- Procurement Executives and Other Department Members
- Tender Committee Co-Ordinators
- Anyone Involved in Running Competitive Procurement Activities
- Commercial Contracts Professionals
- Project Managers and Coordinators
- Specifiers and Buyers
- Service Delivery Professionals
- Anyone Who Manages Contracts with Contractors, External Suppliers, Customers or Commercial Partners
TRAINING METHODOLOGY
The Contracts Management Principles and Practices training course uses a structured and interactive learning approach to reinforce practical application. Participants engage with real-world scenarios, case studies, and facilitated discussions that mirror common contract management challenges.
The training methodology encourages active participation, enabling delegates to apply contract management principles, assess risks, and evaluate contractual responses in realistic situations. Model documents and templates support understanding and provide reference points for effective contract administration and performance control.
TRAINING SUMMARY
The Contracts Management Principles and Practices training course provides managers and professionals with the essential knowledge required to manage contracts proactively and effectively throughout their lifecycle. The training course focuses on strengthening control, improving supplier performance, and reducing contractual risk.
Participants develop the confidence to analyse contracts critically, manage variations, address performance issues, and respond appropriately to claims and disputes. By applying structured contract management practices, organisations benefit from stronger supplier relationships, improved value delivery, reduced exposure to risk, and better achievement of contractual objectives.
TRAINING OUTLINE
Day 1: Why Do We Need to Manage Contracts and Contractors?
- What is Effective Contract Management and Why Do We Need It?
- The Causes and Effects of Contract Failure
- Analysis of the Contract Requirements
- Defining the Job to Be Done – Specifications and the Scope of Work
- Identifying and Managing Contract Risks Affecting Time, Cost and Quality
- Responses to Risk
- Contract Types and How They Manage Risk
Day 2: Making Sure What Has Been Contracted for Gets Delivered
- Building a Contractual Relationship for Supplier Performance
- Motivational Techniques – Carrots and Sticks
- Contractor Warranties
- Monitoring Service Performance
- Service Level Agreements
- Tools and Techniques for Contract Default
Day 3: Contract Management and Administration
- Managing the Financial Impact of Contract Variation
- Cost and Price Analysis Methods
- Negotiation Techniques for Improving Value for Money
- Handling Contractor Claims
- Operating the Liquidated Damages Clause
- Preventing or Resolving Disputes
- Contract Administration Tasks from Award to Close Out
CALL ME BACK
Do you wish for us to conduct this course at your premises?
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ACCREDITATION
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
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FAQ
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us [email protected]
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at [email protected]
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
