Details
Course Overview
This course is based on the Contracts Act of Malaysia 1950. The focus is on exposing participants to the Act so that they are able to understand their role in drafting, reviewing and apportioning risk response measures in contracts.
They will learn how to apply a logical, systematic and comprehensive approach to reading, managing and implementing a contract so that the team is able to manage the vendors and to satisfy the legal obligations detailed in the contract.
They will learn how to apply a logical, systematic and comprehensive approach to reading, managing and implementing a contract so that the team is able to manage the vendors and to satisfy the legal obligations detailed in the contract.
Learning Outcome
- Their role in Contract Management
- Pre-requisites for contract formation
- The legal obligations and responsibilities of each party
- The Battle of Forms (which document takes precedence)
- Third party obligations (only in construction contracts)
- The allocation of risk between the contracting parties
- The consequences of non-compliance to the contract
- The difference between Void and Voidable Contracts
- How contracts can come to an end (the conditions for termination)
Target Audience
This course is tailored for Project Managers, Project Leaders, Project Controllers, Contract Managers, Construction Managers, Offshore Managers, Contract Administrators, Procurement Department Personnel & Sub-Contract Department.
https://www.pma-intl.com/contract-management
https://www.pma-intl.com/contract-management
Outline
Course Outline
- Factors that influence the selection of a Contract
- Mapping out the supply chain to strategize and identify risk
- Contracts: Common Terminologies used in the industry
- Extrinsic or Collateral contracts
- Voidable Contracts
- Void Contracts
- Suspension and Termination of Contracts
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Established in 2000, Project Management Academy (PMA), provides training to organizations focused on improving their project performance. Bult and manned by multi-disciplined professionals with over 100 years of experience, PMA with its strategic partners provide a wide spectrum of end-to-end strategic & tactical services and solutions to fulfill various gaps in project management needs in various industries.
Project Management Academy (PMA) was initiated in Malaysia, Indonesia and Singapore to focus in the area of project management training. PMA, as a global Registered Education Provider (REP), strives to provide world standard content based on best practices for its training. PMA develops competencies based on the vast experiences in Project Management and on the guidelines set by Project Management Institute, Inc.
Project management is our core business and we provide services through these companies:
Malaysia - Project Management Academy | Bridgit Sdn Bhd
Indonesia - PT Project Management Academy
Singapore - Project Management Pte Ltd
South Africa - Bridgit Africa Pty Ltd
Thailand - Software Park
Project Management Academy (PMA) was initiated in Malaysia, Indonesia and Singapore to focus in the area of project management training. PMA, as a global Registered Education Provider (REP), strives to provide world standard content based on best practices for its training. PMA develops competencies based on the vast experiences in Project Management and on the guidelines set by Project Management Institute, Inc.
Project management is our core business and we provide services through these companies:
Malaysia - Project Management Academy | Bridgit Sdn Bhd
Indonesia - PT Project Management Academy
Singapore - Project Management Pte Ltd
South Africa - Bridgit Africa Pty Ltd
Thailand - Software Park
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