Course overview
Contracts fail less often because parties lack a template than because commercial intent, delivery realities and legal wording diverge. A poorly scoped service agreement can produce disputed invoices; an unrecorded change can erase margin; an acceptance clause can delay a capital project handover. Contract managers, project leaders and procurement teams must negotiate terms that reflect their mandate, then draft provisions that people can administer, evidence and enforce. This course addresses the point where commercial bargaining becomes operational commitment.
Participants work through the contract lifecycle: formation, scope, price, risk allocation, governance, performance, change, claims, dispute resolution and close-out. They prepare a negotiation mandate using BATNA, reservation value, targets and concession plans; assess liability, indemnity and insurance positions; and turn agreed points into clear clauses, schedules and acceptance procedures. The course also examines order of precedence, notices, limitation of liability, force majeure, confidentiality, subcontracting, data protection and signature controls. Attention is given to reading counterpart paper, documenting deviations and obtaining the correct internal approvals.
Teaching combines short technical briefings with annotated clauses, sector cases, small-group review and negotiation simulations. Cases include an outsourced IT service, an engineering supply package and a public-sector framework call-off. Participants leave with a reusable Contract Negotiation and Drafting Pack: a negotiation mandate, clause-risk matrix, scope and acceptance checklist, change-control form, notice checklist and contract administration plan. It suits professionals who negotiate or manage commercial agreements and need stronger control over wording, records and follow-through.