Contract Administration and Claims Management

Objectives

• Understand the fundamentals of contract administration and its importance.
• Develop skills for effective management of contract claims and disputes.
• Explore strategies for ensuring compliance and minimizing risks in contracts.
• Enhance knowledge of negotiation and resolution techniques in claims management.

Content

Introduction to Contract Administration

• Key elements of a contract
• Roles and responsibilities in contract management
• Lifecycle of contract administration
• Common challenges in contract execution

Claims Management Fundamentals

• Types of claims in contract management
• Identifying and documenting claims
• Legal and regulatory considerations
• Best practices for claims assessment

Risk Mitigation and Compliance

• Risk identification in contract execution
• Strategies for minimizing contractual risks
• Ensuring compliance with terms and conditions
• Managing change orders and amendments

Negotiation and Dispute Resolution

• Techniques for effective negotiation
• Alternative dispute resolution methods
• Preparing for arbitration or litigation
• Building collaborative relationships to prevent disputes

DATE:

1ST BATCH: 25th – 28th Feb,                                        2025    

2ND BATCH: 1st – 4th July,                                           2025

3RD BATCH: 4th – 7th Nov,                                           2025