Breach of contract is a cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honoured by one or more of the parties to the contract by non-performance or interference with the other party's performance. Breach occurs when a party to a contract fails to fulfil its obligation(s), whether partially or wholly, as described in the contract. Where there is a breach of contract and contract termination, the resulting damages will have to be paid by the party breaching the contract to the aggrieved party.

This course on Breach of Contract and Contract Termination is designed to help participants to know when a breach has occurred and the necessary steps to take on contract termination clauses such as identifying the key elements of contractual liability and improving your analysis of a contract dispute for necessary action. Recent case studies will be used.

For Whom

This course is designed for contract administrators, contracts directors and managers, contract professionals, and project coordinators and managers. It will equally be of benefit to; supply officers, buyers, purchasing & procurement professionals, and project, construction, cost and quantity professionals. Claims personnel, including corporate legal advisers, Heads of legal, senior business development executives and contracts managers in organizations will also benefit from this course.

Learning Objectives

At the end of this program, participants will be able to:

• Analyze the risks inherent in contract formation and management
• List and explain key contract provisions, clauses and how to manage contract risk effectively
• Interpret key contract clauses and understand the specific terms and conditions as they impact contract execution and management
• Develop skills to negotiate effectively on contract provisions to protect their organization’s interests
• List out where things can go wrong and mitigate their effects through well-drafted contracts and good management
• Identify areas of possible disputes and be prepared to deal with them effectively if the need arises
• Analyze and understand the importance of key contractual clauses and their effects
• Allocate contract risk appropriately
• Develop good contract management and administration skills
• Develop the ability to avoid costly contract disputes through good negotiation skills.