Course Includes:
- Price: FREE
- Enrolled: 4934 students
- Language: English
- Certificate: Yes
- Difficulty: Beginner
Coupon verified 04:26 PM (updated every 10 min)
Course Folder
What You'll Learn
- Gain knowledge of 9 cost elements that negotiators must master for negotiating contracts for Bought out & Supply inspection testing & commissioning -SITC types
- Get 3 resource templates that include a list of 140 contract clauses for negotiating terms and conditions for Bought out & SITC type contracts
- Get 13 more resource templates
- designed to demonstrate through 5 practical illustrations on how to estimate costs using First Principle Costing methodologies
- Learn to compute costs of 9 cost elements 1 Materials 2 Manpower 3 Equipments 4 Tools /Jigs 5 Mfrg variables 6 Marketing variables 7 Overheads 8 Margins 9 Taxes
- Get a list of 53 parameters that can strengthen and enhance the robustness of clauses in contracts of Bought out & SITC types
- Get a list of 40 competencies that management must invest in to enhance negotiation skills
- enabling negotiators to approach rate discussions logically
- Enhance your knowledge with 40 micro-level strategies to reduce costs
- meet project timelines
- and focus intensely on project qualities.
- Get a list of 40 risk mitigation strategies
- including 20 strategies for managing contract rates and 20 strategies for optimising terms and conditions
- Reinforce 9 ethical principles in negotiations
- emphasising the importance of ethical procurement and responsible buying practices
- "Get 7 Assignments along with guidance instructions
- to help you self-assess your learnings and build the confidence to become an exceptional negotiator."
Requirements
- An open & inquisitive mind.
- Basic understanding of English
- Qualification: Preferably a college graduates or diploma or equivalents
Description
Welcome to this course on Contract Negotiation, designed to empower professionals with advanced tools and strategies to excel in today’s dynamic business environment.
1. Master 9 Cost Elements: Develop a deep understanding of cost structures that influence contract terms, ensuring precise and informed decision-making.
2. Access 16 Templates: Use 3 resource templates for drafting negotiation clauses and 13 meticulously crafted templates for accurate cost estimation, which are adaptable to diverse contract scenarios.
3. Learn Through 5 Illustrations: Gain practical insights from real-world examples of cost estimates, offering clarity and application techniques.
4. Navigate 140 Clauses: Explore an extensive list of clauses critical to various contracts to ensure comprehensive coverage and preparedness.
5. Analyse 53 Parameters: Understand the factors that influence the negotiability of clauses, enabling you to craft flexible yet advantageous terms.
6. Build 40 Competencies: Cultivate key skills classified under five heads to negotiate confidently and aggressively to create win-win
7. Apply 40 Micro Strategies: Use precise, actionable tactics to achieve incremental advantages throughout the negotiation process.
8. Mitigate Risks with 40 Strategies: Learn risk mitigation strategies vis a vis i) Rates ii) Terms and conditions
9. Adopt Ethical Principles: Ground your negotiation practices in integrity and fairness, fostering trust and long-term partnerships
Who this course is for:
- Purchasing or Contracting professionals in any business function in any Industry
- Techno-commercial professionals in any industry associated with executing such contracts
- Finance & Accounts
- professional responsible for vetting purchase orders/agreements and payment processing
- Legal professionals who review legal & statutory terms in contracts
- Senior management like COOs
- CEOs
- or business owners who usually approve rates/ terms of contracts
- New joiners in purchase or contract functions
- Students enrolled in college/university who wish to pursue Negotiation as a career in purchase or contract functions
Recommended Courses
PHP Web Design Bootcamp with MySQL and PostgreSQL Database
FREE
Master the Essentials of PHP Programming. You also get Complete MySQL and PostgreSQL Bootcamp to Master Database Design
Enrolled
Python from Zero-to-Hero (Beginner Level)
FREE
Get familiar with Python, a modern programming language and start coding your first programs
Enrolled
Complete AI Mastery & Advanced Prompt Engineering Bootcamp
FREE
Become a Master Prompt Engineer and attain ChatGPT Mastery while learning about AI, GenAI, and TraditionalAI
Enrolled
Blogging and Influencer Marketing
FREE
Manual on How to Use Influencer Marketing to Grow Your Business Online and Reach Your Marketing Goals!
Enrolled
PCAP-31-03 Practice Exams: Master Python Certification
FREE
Comprehensive practice tests covering all PCAP exam topics
Enrolled
Master Shortcuts & Workflows in Premiere Pro & After Effects
FREE
Step-by-Step Guide to Edit 2x Faster Without Technical Skills (with Shortcuts, Presets, Templates & More)
Enrolled
Proteus Circuit Design Simulations and PCB Circuit Designs
FREE
Master Circuit Simulations and PCB Designs in Proteus: From Basics to Advanced Projects with Step-by-Step Guidance
Enrolled
C# Mastering Course For Intermediates
FREE
A step-by-step guide to classes, interfaces and Object-Oriented programming (OOP) with C#, Error handling and debugging
Enrolled
8051 Microcontroller LED Movable Display with Assembly Lang.
FREE
Build and Simulate a 48x8 LED Movable Display Using 8051 Microcontroller and Assembly Language Programming from scratch.
EnrolledPrevious Courses
Chatbot Creation with Generative AI: A Practical Guide
FREE
From Basics to Advanced: Mastering Chatbot Development with Generative AI Tools
Enrolled
Facebook Ads 2025: Launch Your Best Advertising Campaign
FREE
Move from simple to compelling advertising campaigns with Facebook Ads and increase your value in the business
Enrolled
Build Your Best Cold Email Strategy!
FREE
Set up an effective cold email campaign that will help you increase open rates and conversions!
Enrolled
DevSecOps: How to secure Web App with AWS WAF and CloudWatch
FREE
Web application cyber security practical guidance. AWS DevSecOps WAF masterclass. AWS DevOps security tips and tricks.
Enrolled
Mastering HTML5 and CSS3 (Part 2 - Intermediate Level)
FREE
Upgrade your HTML & CSS conception and start building awesome templates
Enrolled
Microsoft Excel: Learn Excel by Creating Diverse Projects
FREE
Excel in Data Analysis: Your Complete Guide to Mastering Excel by creating various interesting projects
Enrolled
Mastering HTML5 and CSS3 (Part 1 - Beginner Level)
FREE
Learn and become professional at HTML and CSS concepts
Enrolled
Inventory Control & Management - ICM
FREE
Optimize Inventory with EOQ, JIT, and KPIs. Master cost management, demand forecasting, and real-time tracking technique
Enrolled