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DRF303-1
1 Week Online Instructor Lead Training Program
Drafting Enforceable Project Contracts & Conditions Leveraging Ai
Building Skills in
Ensuring Enforceability, Desired Performance, Effective Risk Transfer
Drafting Effective Project, Services and Procurement Contracts
Using Standard Contracts & Conditions
Preparing Project Special Contract Conditions
Drafting Rules for Effective Risk Transfer
Ensuring Drafted Contract Does Not contain Counter-productive Progress Disruptive Contract Administration Requirements
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What is Covered in this Program?
Ensure Enforceability, Desired Performance, and Effective Risk Transfer. Draft Effective Project, Services, and Procurement Contracts.
Leverage Standard Contracts and Conditions. Prepare Special Contract Conditions.
Draft Rules for Effective Risk Transfer. Avoid Counter-Productive Contract Administration Requirements.
Understand Risk Allocation in Project Contracts. Apply Legal Considerations for Enforceability.
Balance Risk Transfer and Cost Implications. Incorporate Practical and Fair Risk Allocation Standards.
Design Contracts to Mitigate Uncertainty. Facilitate Smooth Contract Administration.
Ensure Enforceability, Desired Performance, and Effective Risk Transfer. Draft Effective Project, Services, and Procurement Contracts.
Leverage Standard Contracts and Conditions. Prepare Special Contract Conditions.
Draft Rules for Effective Risk Transfer. Avoid Counter-Productive Contract Administration Requirements.
Understand Risk Allocation in Project Contracts. Apply Legal Considerations for Enforceability.
Balance Risk Transfer and Cost Implications. Incorporate Practical and Fair Risk Allocation Standards.
Design Contracts to Mitigate Uncertainty. Facilitate Smooth Contract Administration.
Who should Attend?
This program is intended for Legal, Contract Drafting, Contract Administration and Project Technical Staff contributing to the Contract Drafting Process.
This program is also intended for Professionals involved in Approving, Managing and Auditing these contracts.
This program is intended for Legal, Contract Drafting, Contract Administration and Project Technical Staff contributing to the Contract Drafting Process.
This program is also intended for Professionals involved in Approving, Managing and Auditing these contracts.
PROGRAM CONTENT
(Ai & Data Analytics Leveraged)
Drafting Enforceable Project Contracts & Conditions Leveraging Ai
Business Aspects of Outsourced Project and Contracts
Project Stakeholders & Their Expectations
Legal Rules for Interpreting Drafted Clauses
Expressed and Implied Contractual Responsibilities.
Responsibilities of the Parties
Changes Doctrine.
Notice Requirements including when waived.
What is "Fair and Reasonable"
Risks on Projects
Legal Default Distribution of Project Risks between the Parties
Project Contracts Define Who will be Responsible for Which Risks
Leveraging Data Analytics for Drafting Contracts
How Risks are transferred. What Risks can not Normally be Transferred? Means of Coordinating. When Risk Transfer is Really Complete?
Transferring Specific Risks:
(1) Co-ordination of Contractors on Site
(2) No-Damage-For-Delay-Clause
(3) Project Schedule
(4) Liquidated Damages
(5) Unforeseen Site Conditions
(6) Variation Orders
(7) Right to Terminate
(8) Dispute Resolution
(9) Keeping appropriate Records
(10) Inspection of Works
(11) Safety Related Specific Requirements
(12) Price Fluctuations
(13) Exceptional Weather Conditions.The Contract Drafting Process
Project Operational & Agreed Strategic Objectives to be Achieved on this Project
Analyzing the Clauses Addition or Changes to Incorporate the Project Objectives into the Draft Contract
Drafting Starting Point - A Most Appropriate Existing Standard Contract
Drafting the Special or Particular Conditions
External Knowledgebase for Drafting Contracts
Leveraging Artificial Intelligence Methods for Better Contract Conditions
Draft the Changes or Additional Clauses List to Incorporate Project Objectives
Benchmark Provisions for Similar Risks in International Benchmarked Contracts
Modify the Clause Closest to the Same Risk Transfer Clause
Validate the Drafted Clause by Testing Against the Rules of Contract Interpretation
Peer Review of Drafted Clauses
Drafted Contract Review by the Internal Stakeholders
Final Version of Contract Issues for use in Project Procurement ProcessProgram Recommendations & Next Steps
Participant Customized Outline Action Plan
Why Euro Training USA Limited?
- We are your dependable source for Ai Knowhow and Human Resource Development for your Business Unit.
- When you are looking for Job Related Understanding, Ai Leveraging Opportunities, Practical Understanding, Strategic View, Operational Excellence, Customer Focus these Training Programs from Euro Training should be your First Choice!!
- We are also No. 1 in Incorporating Latest Technologies, Good & Best Management Practices in Our Training Programs!!
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Domain Knowhow | Reviewing & Validating AI Outputs | Trainer of AI Systems | Interrogating AI Systems | Helping participant transform into a 20 year Experienced Inter-Discipline Domain Professional | Leveraging the Best of Digital Transformation | Best of Data Analytics | Best of Current Artificial Intelligence Opportunities | Each program participant will get 1 year free individual license access to a Program Domain Specific AI System to Answer his job related queries
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