Certificate Course on Contract Preparation & Management

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Event Details

Certificate Course on Contract Preparation & Management - May 09, 2018

Date : 9th & 10th May,  2018

Introduction :

Strategic procurement along with Contract Management is one of the important modern-day approaches of a cost-effective supply chain.


Objective :

This two-day course will illustrate how to make contracts relevant to the active management of the relationship between the principal-contractor, learn the techniques of drafting a contract, terms & conditions, extensions and performance outcomes. The workshop will deal with commercial, technical and legal aspects of Contract Management and Negotiation Techniques

 

The course will also cover approach to be adopted to evaluate the critical attributes of contractors - as well as to understand how the contracts can be managed effectively to minimize contractual risks, resolve differences, and to reduce project costs and improve financial and operational performance.

 

The later part will deal with Negotiation Techniques. It looks at a proactive approach to procurement along with Best Practices in Price Negotiation and aims at reducing overall procurement costs and indirectly improving the bottom line. A paradigm shift in dealing with vendors helps in moving the supply chain operations to a world-class level.

Programme Schedule :

                     Day – I

  •  Challenges facing the Industry

  •  The Preliminaries

  •  The Contract Law

  •  Contract Set-up & Life Cycle Management of Contracts

  •  Legal Aspects of Contracting

  •  Commercial Aspects of Contracting

  •  Technical Aspects of Contracting

  •  Contractor Assessment & Selection

  •  Evaluation Criteria

  •  Tendering & Tender Evaluation

  •  Contract Terms & Conditions

  •  Service Contracts

  •  Risk Management and Mitigation

  •  Contract Management & Administration

                         Day - II

  •  Monitoring Progress & Performance Evaluation

  •  The P-D- C-A Methodology

  •  Corrective & Preventive Action

  •  Conflicts & Dispute Resolution

  •  Definition of Negotiation and the Process

  •  The Paradigm Shift

  •  Best Practices in Negotiation Techniques

  •  Dealing with Monopoly Type Contractors

  •  TCO Approach

  •  Relationship Management

  •  SRM and Win-Win Approach

  •  A Structured Approach Moving towards World-class Procurement


Who should attend ?

Executives, Managers and Professionals in Purchasing, Procurement, Supply Management, Materials, Contracts, Projects etc.

A Freelance Corporate Trainer and Consultant for last 7 years, has been in the training profession for close to 22 years (with 180+ programs) focusing on the target groups ranging from Students and freshers to Senior Corporate Professionals. His total experience, including the training profession is about 44 years in Manufacturing, Engineering, Defence, IT and Real-Estate industries. He was Head-Corporate Purchase for 10 years at L&T InfoTech Ltd., Mumbai, India, handling procurement activities simultaneously with Management & Leadership training assignments within the company.

Bombay Chamber, Mackinnon Mackenzie Bldg, 3rd Floor, Ballard Estate, Fort, Mumbai-1

Revati Khare || Manager - International Trade & Commerce Committee 
Tel - 022-61200231, 9892029473
Participation Fee :   
Members  Rs. 8000 + 18% GST
Non-Members  Rs. 9000 + 18% GST

3 participant 10% discount, 5 participants 15% discount

 

Bank Details for NEFT

Account No.

02422418061924

IFSC CODE

DCBL0000024

Bank Name

DCB Bank

Branch Address

Mahim (024), Mumbai

Cheque /Demand Draft should be drawn in favor of “BOMBAY CHAMBER OF COMMERCE AND INDUSTRY”.

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