Conference on Mastering Contract Management and Claims Mitigation

Overview:

Introduction:

This conference equips participants with advanced skills to manage contracts effectively and minimize claims. It focuses on risk management, contract administration, and early dispute resolution to ensure project success.

Conference Objectives:

By the end of this conference, participants will be able to:

• Implement advanced contract management strategies.

• Identify and mitigate risks throughout contract execution.

• Manage claims and resolve disputes effectively.

• Administer contract changes proactively.

• Ensure contract compliance and performance.

Target Audience:

• Contract Managers.

• Project Managers.

• Procurement Professionals.

• Legal Advisors.

• Risk Managers.

Conference Outline:

Unit 1:

Advanced Contract Management Principles:

• Key components of effective contract management.

• Roles and responsibilities in contract administration.

• Ensuring contract compliance and performance.

• Documenting contract changes.

• Monitoring contract execution.

Unit 2:

Risk Mitigation in Contract Management:

• Identifying risks during contract execution.

• Allocating risks effectively in contracts.

• Developing risk management strategies.

• Reducing the likelihood of claims through proactive planning.

• Case Study: Successful risk management in contract execution.

Unit 3:

Contract Administration and Compliance:

• Managing contract deliverables and timelines.

• Handling amendments and ensuring compliance.

• Monitoring contractor performance.

• Reporting and documentation best practices.

• Key tools for efficient contract administration.

Unit 4:

Early Identification and Resolution of Claims:

• Detecting early signs of potential claims.

• Reporting and documenting issues.

• Resolving disputes through negotiation.

• Techniques for early settlement.

• Effective communication strategies for claims management.

Unit 5:

Claims Management and Dispute Resolution:

• Dispute resolution methods and legal considerations.

• Managing claims to avoid litigation.

• Drafting and enforcing dispute resolution clauses.

• Claims negotiation strategies.

• Resolving disputes efficiently and effectively.