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General Management Seminar | Contract Management & Dispute Resolution | IIM Lucknow

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IIM Lucknow

Contract Management & Dispute Resolution
Program Director: Prof. D. S. Sengar
May 04-06, 2006
at IIM Lucknow
Program Fee: Rs. 20,250 per participant

Objectives: The law of contract is of great significance as all the business transactions are based on contracts. Managing legal issues in contracts is essential to guarantee profitability to the organization. Contract management is the process, which ensures that both parties to s contract fully meet up their respective obligations as efficiently and effectively as possible, in order to deliver the business and operational objectives required from the contract. The purpose of the course is to have an understanding of legal issues in contract formation and management to help avoid some of the pitfalls in contracting and to provide the sort of backdrop that makes it easier to deal with lawyers and/or arbitrators should the need occur. The programme is designed to: -

  • Create awareness about the basics of contract formulation

  • Impart knowledge about legal issues in contract management

  • Examine the practices and issues relating to execution of contracts

  • Understand the remedies available in the event of breach of contract

  • Understand the importance of alternative mechanisms in dispute resolution

  • Develop ability to handle more effectively the potential legal risk while managing contracts

    For: The course will benefit anyone involved in managing public or private sector business affairs, including Business Executives, Entrepreneurs, Government Officials, State-owned Enterprise Managers, Project and Office Managers, Consultants, Contractors, Sales and Marketing Managers.

    Contents:

  • Contracts - meaning and its management

  • Essential elements of a valid Contract

  • Formulation of Contracts

  • Tenders and Tendering Process

  • Public Contracts: Standard Bidding Document - Preparation, Operation & Work Monitoring

  • Performance of Contract

  • Discharge of Contracts

  • Remedies for breach of Contracts - Liquidated Damages and Penalties

  • Risk Management in Contracts

  • Arbitration and Alternate Dispute Resolution

    Mail your queries to
    Prof. D. S. Sengar : dsengar@iiml.ac.in


    For further details, please contact: -
    Sr. Admn. Officer (Academic Services),
    Indian Institute of Management, Lucknow,
    Prabandh Nagar, Off Sitapur Road, Lucknow - 226 013.
    Phone: (0522) 2734101-23 (23 lines)
    Direct: (0522) 2736282, 2736284 and 2736285
    Fax: (0522) 2734025/26
    E-mail: mdp@iiml.ac.in / mdpoffice@iiml.ac.in
    Website: www.iiml.ac.in
    Refer: CoolAvenues' MDP Alert


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