Project and ContractContract Management Principles and Practice
A contract is signed by lawyers and lived with by everybody else, and most of the value is won or lost after signature rather than during negotiation. This course covers the after. Delegates work through the anatomy of a commercial contract and what each clause actually obliges, the obligation register that lets a party prove compliance two years later, and the administration of notices, records and correspondence to a standard that survives a dispute. Variations, claims and payment are covered as the everyday mechanics they are. The course closes on supplier performance management and on closing a contract out properly rather than letting it lapse.
Course objectives
- Read a commercial contract and identify what each clause obliges
- Build and maintain an obligation register
- Administer notices, records and correspondence to a defensible standard
- Manage variations and change without losing the original bargain
- Handle payment, certification and retention correctly
- Manage supplier performance against the contract
- Close a contract out rather than letting it lapse
Who should attend
- Contract managers and administrators
- Procurement and supply chain professionals
- Project managers and engineers
- Commercial and finance staff
- Anyone accountable for delivery under a contract
Course outline
- 01What a contract obliges, and who actually lives with it
- 02Anatomy of a commercial contract
- 03The obligation register and proving compliance later
- 04Notices, records and correspondence
- 05Variations and change control
- 06Payment, certification and retention
- 07Supplier performance management
- 08Close out and lessons learned
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 7 to 11 December 2026 | Online | Online | R8,500 per delegate | Register Now |
| 4 to 8 January 2027 | Kigali, Rwanda | Classroom | USD 1,325 per delegate | Register Now |
| 8 to 12 March 2027 | Lagos, Nigeria | Classroom | USD 1,325 per delegate | Register Now |