This program shows you how to draft effective contracts – avoiding unnecessary productivity loss, disputes, unenforceable conditions, inflated bids and claim administration and settlement costs. Risk reduction by planned risk transfer is the single most important purpose of this program. To achieve this the program shows how to optimize and integrate Law, Methods, Engineering Practice and Technology into your contracts. This program is intended for all those professionals who draft contracts or provide inputs in drafted conditions -  they may be from Projects, Services, Procurement, Legal, Contracts and Audit.

Program Overview

In Every Project or Works Contract there lies the possibility for disputes due to varied interpretations, different trade meanings, discrepancies and ambiguities in Contract Documents. Those drafting contracts often lack knowledge of Technology, Methods and Practices of the Industry.

Risk Reduction by Planned Risk Transfer is the single most important purpose of this program. Past participants have reported great benefits they achieved on their projects and contracts using the analysis and methods introduced in this program.

Drafting Contracts from the viewpoint of risk transfer involves an integration of Law, Methods, Practice and Technology. Useful inputs are possible from properly informed Engineers to Lawyers.

This Program is Recommended for...

This program is recommended for all  who influence Drafting Contracts, including Project Staff Engineers, Lawyers, Procurement Professionals, Contracts Legal Department Personnel.

Program Style

This is a comprehensive training program. You will learn practical hands on skills for drafting contracts. This program uses Practical Procedures and Checklists Approach to Solving Drafting Problems. Discussion, Implementation and Drafting Case Studies will be based on job situations being used in the area for contracts project works.

Program Strategy

When we draft a contract - for each Contract Situation we draw on our experience and knowledge to compile a list of Potential Risks on this work, we then decide as to which of these risks or contingencies we would like to take ourselves and which to shift to the other parties.

In Order to make an effective decision as to what duties and obligations should be contractually shifted, and how they can be shifted, it is first necessary to appreciate what these duties are and how they are normally allocated. Next we must consider the Standard Contracting Methods and Contract Forms available and their Associated Risks. And then discuss how we can Draft Contracts to Contractually Shift some of these to others.