Contract Agreement & Administration

Contract Agreement & Administration

This course provides a comprehensive overview of contract agreements, administration procedures, and effective management practices. Participants will learn how to interpret contract clauses, manage changes, and ensure successful contract execution.

Course Objectives

  • Understand key principles and clauses in contract agreements.
  • Develop practical knowledge of contract administration procedures.
  • Learn how to manage variations, value engineering, and documentation.
  • Gain insight into roles and responsibilities within contract management.

Topics Covered

  • Cost and Categories of Cost
  • Break Even Analysis
  • Cost Accounting and Budgeting
  • Managing Budgets and Cash Flows
  • Principles of Economics
  • Depreciation Techniques
  • Time Value of Money

Course Details

  • Duration: 18 Hours
  • Level: Intermediate
  • Language: English
  • Instructor: Eng. Moh’d Kamal
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Course Breakdown

Overview of contract agreements, documentation, and legal foundations.

Detailed review of variation clauses, force majeure, and contract termination.

Responsibilities of contract administrators and best practices for managing contracts.

Evaluating contract changes, applying value engineering principles to optimize performance.

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