EFFECTIVE PROJECT CONTRACTING
Managing Contracts to Maximize Project Success and Minimize Risk
Course Schedule
| Date | Venue | Fees |
|---|---|---|
| 27 – 28 Feb 2025 | Kuala Lumpur, Malaysia | USD 1995 per delegate |
| 28 – 29 May 2025 | Doha, Qatar | USD 1995 per delegate |
Course Introduction
Contracts are at the heart of project delivery—defining responsibilities, allocating risks, and setting expectations between parties. Ineffective contracting can lead to disputes, delays, cost overruns, and project failure. To deliver successful outcomes, professionals must understand how to structure, negotiate, and manage project contracts effectively.
This 2-day course delivers a practical framework for contracting across the project lifecycle. From drafting and risk allocation to contract execution and performance management, participants will gain the knowledge and tools needed to ensure contracts support project success and stakeholder alignment.
Course Objectives
By the end of this course, participants will be able to:
• Understand key principles of project contracting and contract types
• Draft and interpret critical contract clauses
• Allocate and mitigate risks through effective contract structures
• Manage contract performance and deal with variations and claims
• Ensure compliance and communication throughout contract execution
Key Benefits of Attending
• Improve project results by mastering the contracting process
• Learn how to reduce contract-related disputes and delays
• Gain confidence in managing contract negotiations and obligations
• Understand how to align contracts with project scope, time, and budget
• Build better collaboration between project and legal/commercial teams
Intended Audience
This program is designed for:
• Project managers and engineers
• Procurement and contract professionals
• Legal and compliance personnel
• Construction, infrastructure, and EPC stakeholders
• Anyone involved in drafting, reviewing, or managing project contracts
Individual Benefits
Key competencies that will be developed include:
• Clear understanding of different contract models (lump sum, EPC, cost-plus, FIDIC)
• Practical skills in drafting and negotiating key clauses
• Familiarity with claims management and dispute resolution
• Ability to align contract terms with project delivery objectives
• Risk-based thinking in contract review and execution
Organization Benefits
Upon completing the training course, participants will demonstrate:
• Reduced exposure to contractual risks and liabilities
• Stronger project control through clearly defined obligations
• Faster issue resolution and fewer disputes
• Better alignment between project, legal, and procurement teams
• Enhanced value from supplier and contractor relationships
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
• Strategy Briefings – Project contract lifecycle and governance
• Case Studies – Contractual disputes and lessons learned
• Workshops – Clause drafting, risk allocation, and claim handling
• Peer Exchange – Industry-specific contract management challenges
• Tools – Clause templates, checklists, and contract risk matrices
Course Outline
DETAILED 2-DAY COURSE OUTLINE
Training Hours: 07:30 AM – 03:30 PM
Daily Format: 3–4 Learning Modules | Coffee breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00
Day 1: Contract Planning, Drafting & Risk Allocation
- Module 1: Foundations of Project Contracting (07:30 – 09:30)
• Contract lifecycle in project environments
• Types of project delivery models and associated contracts
• Roles and responsibilities of contract stakeholders - Module 2: Contract Structure and Key Clauses (09:45 – 11:15)
• Scope definition, milestones, and deliverables
• Payment terms, warranties, and liability limitations
• Force majeure, change orders, and variations - Module 3: Risk Allocation and Contract Strategy (11:30 – 01:00)
• Identifying and allocating project risks through contracts
• Use of insurance, performance bonds, and indemnities
• Contract risk review process - Module 4: Workshop – Drafting and Reviewing Contract Clauses (02:00 – 03:30)
• Participants analyze and improve a sample contract
Day 2: Contract Execution, Performance & Disputes
- Module 1: Managing Contract Performance (07:30 – 09:30)
• Monitoring deliverables and compliance
• Communication protocols and documentation
• Tools for performance tracking and reporting - Module 2: Variations, Claims, and Amendments (09:45 – 11:15)
• Types of claims: delay, disruption, scope creep
• Change control procedures and claim resolution techniques
• Case examples of variation handling - Module 3: Dispute Resolution and Closure (11:30 – 01:00)
• Negotiation, mediation, arbitration, and litigation options
• Contract close-out procedures and lessons learned
• Post-project contract reviews - Module 4: Final Workshop – Contract Risk & Dispute Simulation (02:00 – 03:30)
• Teams role-play contract risk scenarios and dispute resolution
Certification
Participants will receive a Certificate of Completion in Effective Project Contracting, validating their ability to manage project contracts confidently, reduce risk, and support successful project outcomes through best-practice contracting principles.