Contract management within the framework of good governance

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‎الحوكمة

1/3/20242 min read

Contract management within the framework of good governance

Introduction:

Smart Governance is a program aimed at enhancing and improving governance processes in institutions and organizations. This program includes a set of principles and tools that aim to ensure that the organization is managed efficiently, transparently, and sustainably within the framework of governance. Governance is a set of principles, tools, and practices designed to guide and manage institutions effectively and transparently. The governance framework aims to achieve a balance of interests among all stakeholders in the organization, including shareholders, executives, employees, customers, the local community, and the environment.

Course Objectives:

By the end of this course, participants will be able to:

Identify the key activities and steps for preparing and managing smart contracts.

Conduct effective contract management and change management.

Interpret contracts and recognize terms and conditions that protect or threaten.

Keep contracts on track and hidden contracts on the right path at every step.

Modify, terminate, and close contracts.

Enhance responsibility in both government and private institutions, including promoting principles of transparency and accountability in decision-making and risk management.

Promote transparency in institutions and organizations, ensuring the provision of necessary information to stakeholders and the public, and ensuring the provision of accurate and transparent financial and administrative reports.

Improve risk management in institutions and organizations, including identifying and assessing potential risks and applying effective and sustainable strategies to deal with them.

Identify governance principles and guidelines to be followed by institutions and organizations, providing a principled framework for corporate management and decision-making.

Understand the governance framework, helping institutions achieve transparency, accountability, fairness, participation, effectiveness, and sustainability in their operations. It contributes to building stakeholder trust and improving overall organizational performance.

Training Methodology:

The training relies on the use of individual and group exercises to help participants learn all the key activities of smart contract management within the framework of smart governance. Participants engage in a number of case studies, presentations, and role-playing followed by general discussions.

Program Content:

Governance Framework:

Transparency of all relevant information.

Accountability for all board members and executive management.

Fairness among all stakeholders.

Participation of all stakeholders in making important decisions that affect the organization.

Effectiveness of governance structures.

Sustainability.

Reporting System:

Financial reports.

Performance reports.

Risk and compliance reports.

Sustainability reports.

Transparency and ethics reports.

Risk Management:

Identifying risks.

Evaluating risks.

Setting priorities.

Review and monitoring.

Risk reports.

Contract Management Concepts:

Understanding contracts and assimilating contractual training.

Differentiating between contract management and management contracts as a legal term.

Trend toward globalization of contracts.

Principles of using model contracts: Model, Standard, Adhesive Contracts.

Contract and Project Management Methods:

Lump Sum Contracts.

Unit Price Contracts.

Cost-Plus Contracts.

Target Cost Contracts.

Project Management Contracts.

Consultation Contracts.

Modern Mechanisms for Contract Management:

Outsourcing and third-party logistics.

Subcontracting.

Advantages of utilizing multiple sources of supply.

Types of logistics services.

Stages of implementing outsourcing services and contracts.