COURSE OVERVIEW
The 2(two) day Contract Management course is based on the Contracts Act of Malaysia 1950. The objective is to introduce the delegates to the framework of the Contracts Act and provide them with a working knowledge of the rudiments of Malaysian contract law in combination with applicable international law such as FIDIC. The subject matter is designed to get past the legalese and dive straight into the mechanics of the Act which is conveyed with relevant case law examples to illustrate Malaysian and International legal principles.
As it is not possible to cover the modules over a two (2) day period; mainly due to the technical nature of the subject matter, questions from the delegates and the explanations that must accompany each topic, we will curate the sessions to suit individual learning outcomes.
In total there are 7(seven) modules to select from. The modules are listed as follows:
- MODULE 1: PRINCIPLES OF CONTRACT FORMATION
- MODULE 2: CONTRACTUAL CONSIDERATIONS FOR RISK MITIGATION
- MODULE 3: VOID AND VOIDABLE CONTRACTS
- MODULE 4: TENDER AND PROCUREMENT
- MODULE 5: CONTRACT ADMINISTRATION
- MODULE 6: INTERNATIONAL CONTRACTS: AN OVERVIEW OF FIDIC
- MODULE 7: ALTERNATIVE DISPUTE RESOLUTION
- MODULE 8: CLOSING OUT THE CONTRACT
TARGET AUDIENCE
This course is highly recommended for Project Managers, Project Leaders, Project Controllers, Contract Managers, Construction Managers, Offshore Managers, Contract Administrators, Procurement department personnel & Sub-Contract Department.
LEARNING OUTCOMES
At the end of this course, participants will be able to identify:
- The mandatory pre-requisites for contract formation.
- The legal implications of Guarantees, Warranties and Innominate terms.
- Incorporating Exclusion Clauses into contracts.
- The legal obligations and responsibilities of the parties.
- The Battle of Forms
- The consequences of non-compliance to the contract.
- The differences between Breach and Warranty Terms.
- The differences between Void and Voidable Contracts.
- The options for Alternative Dispute Resolution.
- Causes of Delays and Disputes.
- The legal implications of Liquidated Ascertained Damages, Variation Orders and Extension of Time.
- The process of closing out a contract.
