This intensive, practical one-week course—offered by Oxford Training Centre under the category of Legal Contracts and Procurement Training Courses—delivers in-depth knowledge and hands-on skills essential for effective and strategic contract oversight. Participants will gain mastery in key aspects of contract lifecycle processes, including Contract Management Training, Contract Formulation, Risk Mitigation, Project Compliance, and Risk Assessment. The course prepares professionals to handle complex contractual obligations while ensuring legal compliance, cost-efficiency, and business alignment.
Whether you are negotiating new agreements, managing vendor performance, or mitigating legal and operational risks, this course equips you with both theoretical knowledge and practical tools to ensure successful outcomes across industries and sectors.
Course Objectives
Upon completion of this course, participants will:
- Grasp the entire spectrum of Contract Management Training principles used in procurement, legal, and project-based functions.
- Demonstrate the ability to analyse, interpret, and construct enforceable and well-structured contracts.
- Identify legal elements in commercial agreements, including obligations, liabilities, and remedy mechanisms.
- Manage suppliers and vendors efficiently through systematic contract monitoring and evaluation.
- Perform qualitative and quantitative Risk Assessment to evaluate contractual exposure across various business contexts.
- Apply Risk Mitigation measures during contract drafting and enforcement phases to limit legal, financial, and operational liabilities.
- Ensure organisational and regulatory Project Compliance through proactive oversight and performance tracking.
- Resolve contract-related conflicts through structured negotiation and dispute resolution strategies.
- Understand international contracting differences and develop compliance-ready agreements across jurisdictions.
Target Group
This course is designed for professionals who are engaged in, or wish to enhance their understanding of, contracting in both public and private sectors. Target participants include:
- Contract Managers and Procurement Executives
- Legal Counsels and In-house Legal Professionals
- Project and Programme Managers
- Vendor Management Officers and Compliance Specialists
- Finance and Audit Officers reviewing contractual obligations
- Engineers, Quantity Surveyors, and other technical staff involved in tendering and scope execution
- Government procurement and contract authorities
Course Content
Module 1: Introduction to Contract Management
- Role of contracts in achieving strategic business outcomes
- Defining contract types and their practical uses
- Key elements of Contract Management Training lifecycle
- Contracts as tools for performance management and legal compliance
Module 2: Contract Formulation and Contractual Structures
- Components of valid contracts: offer, acceptance, intention, and consideration
- Key drafting techniques and construction of clear, enforceable clauses
- Understanding scope, deliverables, pricing, and performance conditions
- Writing terms that anticipate and control for uncertainty
Module 3: Legal Framework and Contractual Interpretation
- Overview of common and civil law applications in contract enforcement
- Legal roles and responsibilities: principal, agent, third party
- Legal remedies for non-performance: damages, specific performance, rescission
- Clauses involving breach, limitation of liability, and indemnity
Module 4: Risk Assessment and Legal Risk Exposure
- Types of risks in commercial contracts: operational, financial, reputational, legal
- Performing systematic Risk Assessment using qualitative and quantitative techniques
- Mapping risks across contract phases
- Embedding risk controls through language, insurance, and warranties
Module 5: Designing for Risk Mitigation
- Drafting for contingencies, escalations, and dispute resolution
- Force majeure and its implications during crises
- Performance guarantees and securities
- Case study: real-world failure in contract management due to poor Risk Mitigation
Module 6: Procurement Contracts and Project Compliance
- Role of procurement law and internal policy in contract development
- Managing vendor obligations and public sector procurement rules
- Ensuring alignment with ESG policies and social responsibility clauses
- Documentation for due diligence, audit, and regulatory Project Compliance
Module 7: Contract Execution and Lifecycle Management
- Tools and techniques for contract implementation and performance tracking
- Managing contract changes, amendments, and renewal processes
- Using KPIs, service levels, and penalties for supplier accountability
- Closing contracts legally and administratively
Module 8: Negotiation and Dispute Resolution
- Principles of negotiation within contracting contexts
- Negotiating price, scope, indemnity, and exit terms
- Tools for managing contract disputes: negotiation, mediation, arbitration, litigation
- International practices in contract dispute management
Module 9: Advanced Topics in Contract Development
- Confidentiality agreements and non-disclosure clauses
- Ownership of data, intellectual property rights, and third-party usage
- International contracts: Incoterms, governing law, jurisdiction clauses
- Emerging trends: digital contracts, AI-driven compliance, sustainable procurement
Module 10: Contract Close-out and Knowledge Capture
- Procedures for contract close-out, lessons learned, and knowledge transfer
- Ensuring performance reviews and feedback mechanisms
- Contract file audit and recordkeeping obligations
- Contract renewal vs termination decision-making
Training Approach and Methodology
Oxford Training Centre employs a blend of lecture-based delivery, guided discussions, individual and group assignments, and case study simulations. Exercises in contract drafting, negotiation role-play, and risk mapping are used to reinforce concepts. Attendees will receive templates, model clauses, and industry checklists to support learning transfer and practical application.
Certification
Participants who successfully complete the course will be awarded a Certificate in Contract Management and Development from Oxford Training Centre. This certificate recognises their competence in areas of Contract Formulation, legal structure, Risk Mitigation, and Project Compliance and affirms their ability to manage contracts effectively in dynamic organisational settings.