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Course Objectives:
• Understand the Fundamentals of Contracts Administration
• Identify the key elements of a contract
• Recognize the importance of clear communication in contracts
• Understand the role of contracts in business operations
• Develop Effective Contract Management Skills
• Learn strategies for negotiating and drafting contracts
• Understand the importance of risk management in contracts
• Develop skills for managing contract disputes
• Improve Contract Administration Efficiency
• Learn best practices for contract administration
• Understand the importance of documentation and record-keeping
• Develop skills for streamlining contract administration processes
• Enhance Contract Compliance and Risk Management
• Understand the importance of compliance with contract terms
• Learn strategies for identifying and mitigating contract risks
• Develop skills for ensuring contract compliance
Course Content:
• Introduction to Contracts Administration
• Overview of contracts administration
• Key elements of a contract
• Importance of clear communication in contracts
• Contract Negotiation and Drafting
• Strategies for negotiating contracts
• Best practices for drafting contracts
• Importance of risk management in contracts
• Contract Administration and Management
• Best practices for contract administration
• Importance of documentation and record-keeping
• Strategies for streamlining contract administration processes
• Contract Compliance and Risk Management
• Importance of compliance with contract terms
• Strategies for identifying and mitigating contract risks
• Ensuring contract compliance
METHODOLOGY
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 6th – 9th May, 2025
2ND BATCH: 12th – 15th Aug, 2025
3RD BATCH: 16th – 19th Dec, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos