Course Overview
LEVEL
Beginner, Advanced
GOALS
Identify the stakeholders in a contract and their roles, draft a contract, prepare for negotiations, implement negotiation techniques and strategies, set up the framework for monitoring contract performance and evaluation
PEDAGOGICAL APPROACH
Participant/facilitator interactivity , case studies and practical projects
EVALUATIONS OF Achievements
Participants will be assessed throughout the training through exercises and case studies .
PREREQUISITES
Good knowledge of the upstream extractive sector, law, economics and management, fundamentals of contract negotiation
AUDIENCE
Legal, financial, administrative and capacity-building managers, project managers, supply chain managers, planning and strategy managers, public administration executives, consultants, students .
Program
- Introduction to the Petroleum and Mining Industries
- Legal and Regulatory Framework
- Stakeholders and Interests
- Key Elements of Contracts
- Technical and Economic Evaluation of Projects
- Contractual Risk Management
- Negotiation and Communication
- Ethics in Negotiation
- Practical Case Studies
In-depth analysis of real cases of oil and mining contract negotiation; Discussion on the challenges encountered and the solutions found; Simulation of negotiations to apply acquired skills.
Emerging Trends and the Future of Trading
- Final Evaluation and Future Perspectives
Summary of key concepts.
Discussion of acquired skills and their future application.
Final questions and answers.