Content in Modul 1: Basics

Contract management means knowing the basic rights and obligations and applying them in daily practice. This basic module consists of 18 lessons and contains all the essential elements on which contract management is based.

After successfully passing the exams in the lessons of this module, you will have achieved the qualification as Principal Contract Manager.

Total duration of all lessons: ca. 10 hours

1.1	Conclusion of Contracts	Contracts can be concluded in different ways. It can be done in writing, orally, but also through actions. In this lesson you will learn when a legally valid contract was concluded, the difference between text form and written form and the requirements for entering into legal transactions.
1.2	The Offer	A contract is usually based on an offer. After this lesson, will you know what is involved in an offer and what you have to consider?
1.3	Award Procedures	There are different procurement procedures. Particularly when it comes to contracting authorities, there is no avoiding an procurement procedure. After this lesson, you will know what procedures there are and what must be observed in each case.
1.4	Ways to conclude a Contract	It starts with the desire for a contract. But long before a contract is signed, obligations exist for the negotiating parties.
1.5	Constitution, Law, Contract	Contracts do not move in empty space, but are subject to laws. This lesson covers the importance of the law in the contract and what to look out for.
1.6	Anglo American Law	International contracts are very often made according to Anglo-American law. This lesson covers the differences between legal systems and what impact this has on the drafting of contracts.
1.7	Dispute Resolution	Even if the parties initially believe that they have regulated everything in the contract, there are always arguments about what is owed under the contract. The different methods of dispute resolution and how they can be incorporated into a contract are part of this lesson.
1.8	Interpreting Contracts	Contracts are a fruitless attempt to put the parties' ideas into words. Contractual clauses can often be interpreted differently. But what does this different interpretation mean for the parties? This lesson covers the principles and rules of contract interpretation.
1.9	Structure of contracts	Even if a contract can look complex and chaotic at first, it regularly follows a certain structure. This lesson explains the basic structure of a contract so that the next contract review is organized and standardized accordingly.
1.10	Payment	The contractor has the obligation to perform and the purchaser has the obligation to pay. This lesson deals with the topic of payment and what should be considered in a contract.
1.11	Securities	Collateral and project contracts belong together. Either it is about guarantees in the context of a deposit as part of the warranty or other promises. This lesson is about collateral.
1.12	Terms of delivery	The delivery of a thing or a work is an important part of every contract. The lesson deals with the delivery conditions, especially taking into account the regulations according to INCOTERMS.
1.13	Duties & obligations	Contracts define obligations. Anyone who enters into a contract is liable for the fulfillment of the promises and obligations agreed therein. In addition to the contract, there are also various obligations that the contracting parties are liable for compliance with and observance of. This lesson gives an overview of the basic obligations that must be observed in the context of contract processing.
1.14	Liability	What happens if there is a deviation from the agreed regulations? This lesson deals with the concept of defects and errors in connection with sales law, the law on work and services, and product liability.
1.15	Contract for sale and work	What is the difference between a product business and a project business? One of the most important points is when is the contract fulfilled? This lesson looks at the key differences and what to look for in a contract.
1.16	Timedelay	Only a few projects do not have a deadline delay. This lesson deals with the definitions of different types of delay, the lump-sum compensation for damages, reporting obligations and rules for reducing damage.
1.17	Insurance	Insurance plays an important role in many businesses. This lesson deals with the question of which types of insurance should be taken out and what should be included in a contract?
1.18	General Terms & Conditions	Every company has general terms and conditions. What are they good for and what should be considered? This lesson deals with the content of terms and conditions and why they cannot replace a project contract.

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