Course Objectives: Participants will:

• Acquire an understanding of contract theory and laws

• Learn about the modalities for the preparation and acquiring of contracts in private/public sectors

• Discuss the terms of contracts for services, information systems, supplies and works projects

• Learn international best practices in the successful management of contracts and their relationships

• Discuss practical toolkits, vital checklists and several case studies

Description: The deep understanding of contracts and their diligent management are key to project success. This is a 5-days workshop that combines the theory behind contract law with the best practices in contract management.During this workshop, we will provide the participants with an overview of the contracting nexus and the theories behind various contract laws and contract forms and the most important modalities in preparing and securing a contract that meets the set economic and technical objectives as well as value for money from both public and private sector perspectives.

In addition, participants will visualize the contracting relationships between the ‘purchaser’ and the ‘contractor’ and analyze the sensitivity of such a relationship.
Further to the above, we will dive into the key success factors in managing service, ICT, supply and works contracts with toolkits, checklists and case studies to give the participants hands-on application of such best practices to their various different types of contracts. Then, the proceedings will concentrate on how to make the contract management process a success from both a contract and a project perspective. Since the multitude of contract forms are being harmonized on a large and international scale, we will consider such harmonized forms of contract such as the FIDIC contracts, the WB information system contracts, the EU contracts, etc… for the purpose of this course.