Why is this course unique?
This course is only course on the market dealing with technical services and transaction contract preparation that cover specifications, contract preparation, technical commercial risk analysis and mitigation, contract optimization based on customer expectations, and , and common contract preparation pitfalls.
Benefits of this course:
The students, who are contract preparers, could learned a step-by-step process to prepare an Error-Free® technical contracts.
Topics covered in this course:
- Definition of Purpose of Transaction
- Definition of requirements, operating constraints, assumptions, scope and testing (ROASTSM)
- Specifications of ROASTSM
- Contract Risk Analysis
- Assumption Risk
- Transaction Risk
- Performance Risk
- Cease and Decease Risk
- Financial Risk
- People Risk
- Situational Risk
- Mitigation of Risk
- Identification of Single-Point-Vulnerability
- Conditions to Mitigate SPVs
- Exit planning
- Win-Win Negotiation
- Final Review