A Project Management Institute, Inc. (PMI)®Registered Training Course
Contract Management From Principles to Action
Developing Core Competencies for Contract Success from Start to Finish
Course Overview
This Contract Management training course entitled Contract Management from Principles to Action has been specifically designed to develop the competency of contract management personnel in all sectors and industries by equipping them with the knowledge, skills and understanding to achieve contract management excellence in their field.
On this GLOMACS training course, you will learn about contract management techniques and principles to identify contract and project risks, solve contractual issues and problems, communicate effectively with stakeholders and other departments and develop your contract management skills. This training course is essential development for all contract management professionals, or those individuals involved in any contractual scenario.
This Glomacs “Contract Management from Principles to Action” training course will feature:
- Understanding the Importance of Contract Management
- Analysing Contractual Risks and Problems and Providing Effective Solutions
- Controlling Contract Management Negotiations
- Classifying Contract Types
- Methods in Achieving Optimal Contract Management
- Developing Contracts
Training Objectives
By the end of the Contract Management from Principles to Action training course, participants will be able to:
- Comprehend the key responsibilities and strategic importance of a contract management professional
- Apply effective problem-solving approaches to address complex contractual challenges
- Identify, evaluate, and manage risks associated with contracts
- Utilise practical contract management techniques to enhance performance and efficiency
- Assess and select the most appropriate contract structures for various business requirements
Who should Attend?
This “Contract Management from Principles to Action” training course is suitable to a wide range of professionals but will greatly benefit the following individuals:
- Contract Professionals
- Contract Administrators
- Projects & Process Engineers / Managers
- Contract Engineers
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
Training Outline
DAY 1: Understanding Contract Management Principles
- Contract Formation
- Identifying Contractual Risk XE "Contractual Risk"
- Assessing Contractual Risk
- Contract Risk Responses
- General Terms and Conditions
DAY 2: Drafting Contracts
- Traditional Contract Structures
- Collaboration
- Innovative Contract Structures
- Structuring Payments
- Integrating Sustainability and ESG Principles into Contracts
DAY 3: Mastering Contract Management Principles
- Assessing Liability issues
- Understanding Force Majeure
- Examining the Effect of Variations XE "Variations" on Time and Cost
- Examining the Effect of Variations XE "Variations" on Cost
- Exploring Liquidated Damages
- Addressing Cybersecurity Risks in Contract
DAY 4: Contract Management in Action
- Mastering Resolving Contract Issues
- Understanding the Contract Position
- Dealing with the Practical Consequences
- Learning How to Become an Effective Contract Negotiator
- Exploring How to deal with Difficult Contract Situations
- Leveraging Technology and Automation in Contract Management
DAY 5: Dealing with Contractual Disputes
- How Disputes XE "Disputes" can arise?
- Understand the Effects of Termination
- Exploring How to Deal with Disputes
- Traditional XE "Disputes" Dispute Resolution
- Modern Dispute Resolution
Certificates
- On successful completion of this training course, GLOMACS Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates
Accreditation
GLOMACS is proud to be an Authorized Training Partner (ATP No. 2759) with PMI®. As an ATP, GLOMACS is authorized to issue applicable Professional Development Units (PDUs) and Educational Contact Hours to participants of any of its PMI® approved training courses for PMI® Certification and Re-Certification.
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
Sessions in international locations
Online Sessions
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