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Contracts and Price Negotiation Masterclass

PMCM-434

Course Code

3 Days

Duration

4

Upcoming Dates

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Sector Name

Project & Contract Management

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27 Dec 2026 | 29 Dec 2026
Riyadh, KSA
$3,250
Limited Seats
15 Mar 2027 | 17 Mar 2027
Abu Dhabi, UAE
$3,250
Upcoming
03 May 2027 | 05 May 2027
Online, Virtual
$1,550
Upcoming
02 Aug 2027 | 04 Aug 2027
Dubai, UAE
$3,250
Upcoming

Course Introduction

Contracts are essential parts of the business and an integral part of various transactions. It is, therefore, critical that business professionals understand the most common negotiating mistakes and the most successful negotiation strategies for the contract clauses and contract price. This training course is designed to provide participants with the essential concepts, principles, and strategies they need to know in order to effectively negotiate contracts and contract prices. 

This course will allow participants to explore topics such as dispute resolution, BATNAS and WATNAS, Negotiation approaches, and opportunities in cost reduction.

Course Objectives

  • Gain a comprehensive understanding of the concept of negotiation, the legal system, and contract law.
  • Understanding common contractual pitfalls in contracts
  • Negotiate profitably the project contracts, with a clear understanding of insurance provisions, liability, and indemnity clauses
  • Enhance the ability to negotiate force majeure and insurance clauses
  • Learn strategies and techniques for negotiating the contract price
  • Grasp and apply dispute resolution methods to a contract. 
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