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Advanced Contract Management and Formulation

  • Overview ImageOverview
  • Outline ImageCourse Outline
  • Scheduled ImageScheduled Dates

Overview ImageCourse Overview

This advanced 10-day training course is designed for experienced professionals who manage, formulate, and oversee complex and high-stakes contracts. It explores the strategic and operational dimensions of contract formulation, negotiation, compliance, performance, and closure.

Participants will delve into international best practices in contract lifecycle management, explore the legal and financial dimensions of contracting, and master methods to mitigate risk, drive value, and ensure alignment with business objectives. Ideal for those working in procurement, project delivery, and commercial management, this course empowers professionals to elevate their contracting capabilities to a strategic leadership level.

Objective:

By the end of this course, participants will be able to:

  • Formulate advanced contract structures tailored to project, commercial, and regulatory needs
  • Navigate the full contract lifecycle, including planning, execution, and closure
  • Analyse and allocate contractual risks, liabilities, and obligations effectively
  • Manage complex negotiations and amendments confidently
  • Optimise performance through effective contract governance and monitoring
  • Resolve disputes efficiently and minimise legal and financial exposure
  • Align contract strategies with business objectives and stakeholder expectations
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Overview ImageCourse Outline

Week 1: Contract Strategy, Design, and Risk Management

Day 1: Strategic Role of Contract Management

  • Evolving role of contracts in business performance
  • Contract lifecycle and integration with project lifecycles
  • Strategic contract management and value delivery
  • Trends in international and public-private contracting

Day 2: Advanced Contract Formulation and Design

  • Tailoring contract types (fixed-price, cost-reimbursable, hybrids)
  • Developing scopes, deliverables, and milestone definitions
  • Drafting clauses: payment terms, variations, warranties
  • Formulating frameworks and master service agreements

Day 3: Risk Allocation and Mitigation in Contracts

  • Identifying and allocating risk in complex contracts
  • Legal, commercial, and operational risk perspectives
  • Insurance requirements and risk transfer clauses
  • Drafting limitation of liability and indemnity clauses

Day 4: Legal and Regulatory Considerations

  • Governing law, jurisdiction, and dispute resolution options
  • Contract enforceability and international considerations
  • Understanding force majeure, frustration, and termination
  • Key regulatory frameworks and compliance requirements

Day 5: Negotiation of High-Stakes Contracts

  • Strategies for effective negotiation and renegotiation
  • Handling multiple stakeholders and interests
  • Building win-win outcomes through collaboration
  • Contract finalisation and execution protocols

Week 2: Governance, Performance, Disputes and Closure

Day 6: Contract Governance and Performance Monitoring

  • Establishing governance structures and responsibilities
  • Key performance indicators (KPIs) and SLAs
  • Contract dashboards, reporting and control mechanisms
  • Issue escalation and intervention protocols

Day 7: Managing Change, Claims and Variations

  • Change control procedures and documentation
  • Variation orders and scope management
  • Delay, disruption, and extension of time claims
  • Pricing changes and cost impact analysis

Day 8: Financial Aspects of Contract Management

  • Cost tracking, payment milestones, and invoicing
  • Managing advance payments, retentions, and bonds
  • Auditing contract financials
  • Identifying cost overruns and recovery mechanisms

Day 9: Dispute Resolution and Conflict Management

  • Types of disputes in contracts and their root causes
  • Alternative Dispute Resolution (ADR): mediation, arbitration
  • Drafting effective dispute resolution clauses
  • Role of negotiation, legal teams, and third parties

Day 10: Contract Closeout and Lessons Learned

  • Contract closure checklist and obligations
  • Final audits, deliverable acceptance, and reporting
  • Capturing lessons learned and post-mortem reviews
  • Building institutional knowledge and contract maturity models
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Overview ImageSchedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

Select Month

  • All
  • August
  • October

Location

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  • London london icon

Date: 18 - 29 Aug 2025

Duration: 2 Week

Venue: London

Price: $10,600

youtubeRegister Now

Date: 13 - 24 Oct 2025

Duration: 2 Week

Venue: London

Price: $10,600

youtubeRegister Now
Advanced Contract Management and Formulation

Advanced Contract Management and Formulation

Date: 18 - 29 Aug 2025
Duration: 2 Week
Venue: London
Price: $ 10,600
youtube Register & Checkout
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Questions? Speak to our friendly training advisor

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John Bayson

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Email Imagejohn@londontfe.com

Call   +44 2071836657

Employees of professional or formally regulated bodies are generally expected to have CPD accredited training. This type of accreditation ensures that the training is knowledgeable, informed and constantly updated. It ensures our standards as a company are kept high and consistent.

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    Our courses are delivered by highly experienced industry experts

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    All our courses are accredited by the CPD Standards Agency

Frequently Asked Questions

How can training courses be used as a company benefit?

Training is hugely beneficial to both yourself and your company. It enables you to employ new technologies, increases your productivity and enables you to be more autonomous. Have a look here at our infographic on the importance of training and development!

How often do you update your course content to ensure relevancy?

Our course content is constantly reviewed and updated to ensure we stay up to date with all the latest trends. After every course is completed we review the feedback and improve the material where necessary.

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Yes, we focus our training on ‘real-world’ scenarios and our trainers are all highly experienced and skilled in their relevant fields.

Are your courses eligible for professional certification?

Yes, we offer certification with all our courses, every course is entitled to CPD (Continuous Professional Development) hours which you can put towards your professional portfolio.

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Advanced Contract Management and Formulation

  • United KingdomLondon
  • calendar18 Aug - 05 Sep 2025
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  • United KingdomLondon
  • 18 Aug - 05 Sep 2025
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