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18 - CMN - Contract Management and Negotiation Skills


CMN 163 - Negotiation Skills & The Art of Contracting (6 Days)

Code Start Date Duration Venue
CMN 163 02 December 2024 6 Days Istanbul Registration Form Link
CMN 163 13 January 2025 6 Days Istanbul Registration Form Link
CMN 163 10 March 2025 6 Days Istanbul Registration Form Link
CMN 163 05 May 2025 6 Days Istanbul Registration Form Link
CMN 163 30 June 2025 6 Days Istanbul Registration Form Link
CMN 163 25 August 2025 6 Days Istanbul Registration Form Link
CMN 163 20 October 2025 6 Days Istanbul Registration Form Link
CMN 163 15 December 2025 6 Days Istanbul Registration Form Link
Please contact us for fees

 

Course Description

This course is designed to equip participants with the necessary skills and knowledge to negotiate effectively and master the art of contracting. Negotiation is a fundamental skill that is required in both personal and professional settings. The course covers the principles of negotiation, the different negotiation styles, and the strategies and tactics that can be used to achieve successful outcomes.

Participants will learn how to prepare for negotiations, including setting goals and objectives, researching the other party, and developing a negotiation plan. They will also learn how to identify and manage different types of negotiation situations, such as distributive, integrative, and multiparty negotiations.

Course Objectives

  • Understand the principles of negotiation and the different negotiation styles.
  • Develop strategies and tactics to achieve successful outcomes in negotiations.
  • Prepare for negotiations by setting goals and objectives, researching the other party, and developing a negotiation plan.
  • Identify and manage different types of negotiation situations, such as distributive, integrative, and multiparty negotiations
  • Learn the art of contracting, including creating legally binding agreements that are fair and equitable for all parties
  • Draft effective contracts, including key clauses and provisions

Who Should Attend?

  • Legal directors
  • Corporate counsel 
  • Practising lawyers
  • Legal practitioners 
  • Business people involved in international trade and dispute resolution

Course Details/Schedule

Day 1

  • Before contracting
  • Requirement 
  • Technical specification
  • Laws and legal issues
  • Terms & Conditions
  • Budgeting 
  • Scope of work
  • Our team (Negotiation Team) Practical exercise

Day 2

  • Negotiation Preparation
  • Negotiation concept
  • Negotiation Strategies
  • Selecting and ranking issues
  • Valuing issues for both sides
  • Elements of supplier cost structure
  • Assessing strengths and weaknesses
  • Understanding the owners power
  • Defining objectives and determining initial positions
  • Impact of other influences
  • Case studies 

Day 3

  • Negotiation Techniques
  • Pre-negotiation (min price – alternatives – deadlines)
  • Team or individual negotiations
  • Bargaining and Conflicting
  • Practical workshop 
  • Role play 
  • Case studies 

Day 4

  • Ending deadlocks in negotiations
  • Common negotiation tactics and countermeasures
  • Post review and analysis
  • Model negotiations
  • Standards of ethics in purchasing and contract

Day 5

  • How contracts are formed
  • Why use contracts
  • Basic principles in contract formation
  • Examples of formalities for contract formation
  • Written or oral contracts
  • Authority to sign a contract
  • Basic contractual structures
  • Different types of contract for different business models

Day 6

  • Main Contract Provisions and Associated Issues
  • Force majeure
  • How to deal in variable market conditions
  • Delivery and acceptance
  • Termination and suspension
  • Warranty
  • Selecting the appropriate law to govern the contract
  • Entire agreement
  • Contractual documents and Payment Issues
  • Letters of intent and award
  • Bonds

 

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