course | Contract Management Principles and Practices
Advance your career with Contract Management Principles and Practices. Hands‑on learning in Abu Dhabi covering contract principles practices and more. Enroll
PMCM-310 | Contract Management Principles and Practices
Course Sector : Project & Contract Management
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 17/08/2026 | 21/08/2026 | Texas | $5,950 | Book now |
| 5 Days | 12/10/2026 | 16/10/2026 | Online | $2,150 | Book now |
| 5 Days | 23/11/2026 | 27/11/2026 | Dubai | $4,250 | Book now |
| 5 Days | 31/01/2027 | 04/02/2027 | Riyadh | $4,250 | Book now |
| 5 Days | 24/05/2027 | 28/05/2027 | Abu Dhabi | $4,250 | Book now |
| 5 Days | 11/07/2027 | 15/07/2027 | Riyadh | $4,250 | Book now |
Course Introduction
Faced with increasing challenges to reduce costs and improve financial and operational performance, companies can benefit from effective contract management to get the best from every project. Business heads, project managers, contract managers, and other professionals involved in the development of contracts must have an understanding of what the binding document actually states and a willingness, by the contractual parties, to cooperate in achieving the desired goal.
This 5-day Boost training course is designed to provide participants with the fundamental foundations and practices in managing contracts effectively – whether in the field of construction, the supply of equipment and materials, or in the delivery of services.
Course objective
- Gain a comprehensive understanding of the role of contracts within a business.
- Learn how strategies can be developed to improve the commercial outcomes and the management of contracts.
- Identify modern tools and techniques for dispute resolution and international conflict negotiations, and apply rules of contract interpretation in project disputes.
- Understand contract components and the process of management from drafting, development, to implementation.
- Prepare, formulate contract claims and disputes for projects.
- Analyze contract obligations and risks.
- Administer contracts appropriately, and know when and how to terminate before or upon completion.
Course audience
This course is tailored for contract managers, legal professionals, procurement specialists, and business professionals involved in negotiating, drafting, and managing contracts across various industries.
Course Outline | Day 01
Introduction to Contract Management
- The Role of Contract in the Business Environment
- 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
- Key Players in Contract Management
Course Outline | Day 02
Managing Contract Risks
- Identifying risks affecting time, cost, and quality
- Responses to risk
- Contract Types and how they manage risk
- Important contract clauses about risk
- Using Bonds and guarantees
- Contract templates: FIDIC, NEC, and other standard models
Course Outline | Day 03
Establishing the Framework for Contract Performance
- Building a relationship for supplier performance
- Motivational techniques – carrots and sticks
- Contractor warranties
- Monitoring service performance
- Service Level Agreements
- Tools and techniques for contract default
Course Outline | Day 04
Managing claims and disputes
- Typical contract claims – scope, delay, quality, payment
- Implementing penalties or service credits
- Liquidated and unliquidated damages
- Termination and other methods of dealing with default
- Defects Liability Management
- Dispute Resolution – Modern tools and techniques (including International Dispute Resolution)
- Contract closeout
Course Outline | Day 05
Best Practices around Price and Cost issues
- Setting the supplier’s agenda on costs and prices
- Cost and Price analysis methods
- Using economic price adjustment techniques
- Price transparency and cost breakdowns
- Managing the financial impact of contract variation
- Negotiation techniques for improving value for money
BOOST’s Professional Attendance Certificate “BPAC”
BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.
Since 2001, we’ve been at the forefront of professional training in the Middle East — shaping the future of learning and development one success story at a time. With a vision rooted in innovation and excellence, we help individuals, teams, and organizations reach their highest potential through integrated, future-ready training solutions. Our comprehensive programs combine global best practices with local insights, empowering people to grow, lead, and make a lasting impact in their industries.
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