Contract Management: Managing Contractual Risks

Contract Management: Managing Contractual Risks, available at $49.99, has an average rating of 4.18, with 48 lectures, 4 quizzes, based on 405 reviews, and has 1407 subscribers.

You will learn about Understand the legal and process issues relating to the formation of contracts Analyse the different levels of breach of contract and their impact Understand aspects to considered when making changes to contracts This course is ideal for individuals who are Anyone in the buying and selling part of the business or Senior Buyer or Category Manager or Contract Manager or Logistics Manager or Supply Chain Executive It is particularly useful for Anyone in the buying and selling part of the business or Senior Buyer or Category Manager or Contract Manager or Logistics Manager or Supply Chain Executive.

Enroll now: Contract Management: Managing Contractual Risks

Summary

Title: Contract Management: Managing Contractual Risks

Price: $49.99

Average Rating: 4.18

Number of Lectures: 48

Number of Quizzes: 4

Number of Published Lectures: 48

Number of Published Quizzes: 4

Number of Curriculum Items: 52

Number of Published Curriculum Objects: 52

Number of Practice Tests: 2

Number of Published Practice Tests: 2

Original Price: $54.99

Quality Status: approved

Status: Live

What You Will Learn

Understand the legal and process issues relating to the formation of contracts
Analyse the different levels of breach of contract and their impact
Understand aspects to considered when making changes to contracts

Who Should Attend

Anyone in the buying and selling part of the business
Senior Buyer
Category Manager
Contract Manager
Logistics Manager
Supply Chain Executive

Target Audiences

Anyone in the buying and selling part of the business
Senior Buyer
Category Manager
Contract Manager
Logistics Manager
Supply Chain Executive

On completion of this Contract management (managing contractual risks) course you will be in a position to evaluate the legal and process and issues relating to the formation of contracts and the legal implications of contractual nonconformance.

You will also be able to assess the impacts of breach of contract and examine coping remedies and provisions that are available under such circumstances.

As organisations outsource more and more activity it is vital that they ensure that the associated contracts deliver expected services and/or products. Hence, a fundamental area that those who are tasked with managing the procurement and supply function are faced with is the identification, monitoring and management of contractual risk.

This course is designed to enable you to examine the nature of contract risk and the associated legal implications that relate to contract formation and non-conformance.

As pointed early you will also consider the impact of breach of contract and coping strategies to address such breaches.

Most business agreements are as a result of back and forth negotiations. The real challenge is in knowing the risks that come with this process. You see when you define a business agreement, a.k.a, a contract as legally binding, the real questions is what exactly did you agree to that is supposed to be legally binding and what will you do if the other party doesn’t keep their end of the legally binding agreement.

All of which point to CONTRACT MANAGEMENT and the need to MANAGE CONTRACTUAL RISKS.

Course Curriculum

Chapter 1: Issues relating to the formation of contracts

Lecture 1: Overview of the Module

Lecture 2: The thing about OFFERS in contracts

Lecture 3: Dealing with counter offers in contractual agreements

Lecture 4: Confirming the existence of a contract

Lecture 5: The price of getting in a contract

Lecture 6: Do they intend to have a deal with you?

Lecture 7: Which documents comes first?

Lecture 8: Quick tips on contract variations

Chapter 2: Implication of various elements of contractual documentation on risks

Lecture 1: Overview

Lecture 2: Indemnity and liabilities

Lecture 3: Insurance

Lecture 4: Guaranties and warranties

Lecture 5: Liquidated damages

Chapter 3: Analyse the different levels of breach of contract and their impact

Lecture 1: Overview of breach of contracts

Lecture 2: Dealing with a minor breach in a contract

Lecture 3: Dealing with a major breach in a contract

Lecture 4: The thing about Fundamental breach in contracts

Lecture 5: Dealing with anticipatory breach of a contract

Lecture 6: The danger of overreacting in a contract

Chapter 4: Compare and contrast the tools and techniques available to resolve a breach of c

Lecture 1: Overview

Lecture 2: The thing about conflict resolution

Lecture 3: Negotiating the problems away

Lecture 4: Possible outcomes when negotiating problems

Lecture 5: Questions to clarify issues behind the negotiation

Lecture 6: Sending Negotiation Agenda and steps

Lecture 7: Advantages and disadvantages of negotiations

Lecture 8: General negotiation approaches

Lecture 9: Mediation and its steps

Lecture 10: Characteristics of mediation and the role of a mediator

Lecture 11: Advantages and disadvantages of mediation

Lecture 12: Conciliation and expert determination

Lecture 13: Advantages and disadvantages of conciliation

Lecture 14: Adjudication and its process

Lecture 15: Characteristics of adjudication

Lecture 16: Arbitration and its characteristics

Lecture 17: What to look for in an arbitrator

Lecture 18: Litigation and legal implications

Chapter 5: Explain different organisational responses to a breach of contract

Lecture 1: Here is a quick thing

Lecture 2: Subcontracting

Lecture 3: Penalty clauses

Lecture 4: Reputational damage

Chapter 6: Contrast remedies that apply to the non-performance of contracts in procurement

Lecture 1: What to expect here

Lecture 2: Contractual provisions on performance

Lecture 3: Clauses for default

Lecture 4: Penalties, liquidated damages and unliquidated damages

Chapter 7: Analyse the legal consequence of terminating a relationship in procurement

Lecture 1: Assessment of damages

Lecture 2: Specific performance

Lecture 3: Termination clause

Instructors

Moses Manuel
Lecturer |ENTREPRENEUR |host of Zerite Network (Youtube)

Rating Distribution

1 stars: 3 votes
2 stars: 12 votes
3 stars: 80 votes
4 stars: 151 votes
5 stars: 159 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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