This third course in The Ultimate Project Management series equips project managers with essential knowledge about contract agreements. Understanding contracts is critical to protecting your business, negotiating profitable projects, and managing risk effectively.
This course explores the key components of project contracts, common contract terms, and best practices for negotiation. It also outlines practical strategies for minimizing risk and ensuring that agreements align with project goals. Whether you're reviewing, drafting, or negotiating contracts, this course provides the tools you need to make informed decisions and safeguard your projects.
At the end of this course, participants will be able to:
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Identify the key sections and common terms found in project contract agreements.
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Explain the fundamental principles of contract negotiation.
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Recognize potential risks in contract language and how to address them.
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Apply strategies to negotiate contracts that are both fair and profitable.
- Understand how contract terms impact project delivery, performance, and accountability.