In every organization, care is taken to manage risks, by seeking to eliminate those that can be removed, and reducing and managing the remainder. Part of this process involves developing robust contracts that apportion risk equitably and include a structure of indemnities with contractors, supported by a comprehensive insurance regime. In addition, it is important that contract personnel understand contractual risks and what insurance can (and cannot) do to remove the financial consequences of such risk; remembering always that insurance only mitigates the effect of risk, it does not make the risk itself go away.
Understand the elements of a contract
Analyze complex contact documents, and understand the inter-relationship between clauses
Develop effective indemnity regimes
Appropriate type and form of indemnities in different contracts
Use indemnities to manage risks
Know the limitations of indemnity clauses
link indemnity and insurance arrangements
Know what types of insurance are available in a contracting context
Develop insurance clauses
Know the latest thinking in dispute resolution techniques
This course is suitable for professionals within all industries who are involved in contract management and resolving disputes including but not limited to, project managers, contract managers, procurement managers, supply chain managers, contractors, architects, developers, and engineers.
The need for contracts
Identifying risk
Risk mitigation or impact mitigation?
Title
Incoterms
Intellectual property
Types and nature of contracts
Definition of terminology i.e. Conditions of contract & terms of contract etc
Different legal systems - how to look for common practices but understand the differences
Why we use contracts
Formation of a Contract
Oral or written?
The key elements of a contract
Terms and Conditions of contract
Liquidated damages/penalties
Limits of liability
Suspension and termination
Acceptance and Certificates
Guarantee/Warranty/Maintenance
Agency issues
The basic structure of a contract
Incorporating documents by reference
Standard Forms
Incorporating tender documents
Letters of Intent or Award
Letters of Comfort or Awareness
Side Letters
Bank bonds and Guarantees
Parent Company Guarantees
The purpose of insurance
What insurance covers, and what it does not
Limits on cover
Duty to disclose information
Meaning of “All Risks”
Relationship with risk management
Types of insurance used in contract clauses
Workmen’s compensation/employers’ liability
Third-party/liability insurance
Property damage
Professional indemnity/errors and omissions
Construction All Risks
Motor and aviation
Marine insurance
Hull and machinery
Protection and indemnity (“P&I Clubs”)
Pollution
Goods in transit
Business interruption
Unfair calling cover (bonds and guarantees)
Export credit insurance
Who arranges?
For whose benefit?
Extension to subcontractors (National Oilwell case)
Terms - involving contractors
Other relevant insurances
Insurance for projects
Meaning of indemnities
Making indemnities work - irrespective of negligence or breach of duty (the Piper Alpha litigation)
Link with insurance
Cross indemnities
Personnel
Property
Catastrophe risks
Value of covenant
Issues with indemnities under the Civil Law system
Third parties
Liability in negligence - relationship with contract conditions
Because supervisory levels are the link between the executive and senior management levels, achieving the organization's objectives, increasing productivity and overall performance of the organization, affects the effectiveness and efficiency of supervisors' performance.
And because of the skills of supervisors in any organization in need of continuous development, and to acquire advanced tools and methods that reflect on the deepening of these skills and activate their role in motivating individuals working, and push them to commit to the goals of the organization.
You need this conference to learn about supervisory skills and advanced methods, to be able to play an effective and supervisory role in your organization.
Managing an office has become an increasingly sophisticated and complex job. The increased demand for speed and accuracy, knowledge of new technology, and an increasingly diverse workforce bring challenges and also opportunities for growth. This dynamic and in-depth course explores some of the more advanced skills which can help an office manager to work more confidently, creatively, and effectively.
As a supervisor, the success of your organization rests in your hands. This course provides you with the opportunity to develop highly effective and essential supervisory skills that will strengthen teamwork and organizational success. Also, this course will help you manage everyday operations with greater ease. Furthermore, it will help you leverage both your managerial and people skills to meet your new challenges as the 21st-century supervisor.
This course is designed for participants to introduce to key issues and themes in international development.
Participants will explore and engage in academic debates and discussions around a set of key factors that shape, influence, and constrain the development and prosperity of nations.
The course will explore a number of key themes in international development, including how questions of gender and generation shape the impact of poverty; how processes of globalization, migration, and violent conflict impact development; and how development and the environment are linked.
It also considers what exactly we mean by poverty, and how different ways of understanding poverty feed into different approaches to tackling it.
It will also consider development institutions: what are the key institutions in the architecture of international development? How do they differ, and what are the challenges and opportunities they present? Through this module, participants will gain a solid background in the various factors which shape current approaches to and debates on international development.
By introducing participants to a range of problems in economic development, we will look to analyze how economic theory and models can explain the lack of development in some nations. We will apply such theory to real-world economies to understand the nature of the problems they face and how effective policies can be in tackling the problems.
A five-day course on the practical aspects of piping and pipeline design, integrity, maintenance, and repair. The participants will obtain an in-depth understanding of the ASME B31 code rules and API standards, their technical basis, and practical application to field conditions.
Corporate/Public governance and risk management are critical There is increasing attention being paid to corporate governance and risk management in business schools and among legislators.