An Intensive 10-day Training Course
Artificial Intelligence in Contract and Project Management
Leveraging AI for Optimized Contracting and Project Delivery
Course Introduction
This Oxford Management Centre Artificial Intelligence in Contract and Project Management training course is designed to equip professionals with the skills to effectively integrate AI technologies into contract management and project optimization. In today's data-driven world, understanding and utilizing AI is essential for staying competitive and achieving operational efficiency. Participants will learn how AI can automate contract reviews, optimize project scheduling, and enhance risk management.
This training course emphasizes the practical application of AI to streamline processes, reduce errors, and improve decision-making. By analyzing real-world scenarios and utilizing state-of-the-art AI tools, attendees will gain a comprehensive understanding of AI’s capabilities in both contract and project management. The training course will ensure that participants are well-prepared to implement AI-driven innovations in their respective fields.
This Artificial Intelligence in Contract and Project Management training course will highlight:
- Comprehensive understanding of AI in contract management
- AI applications in project scheduling and resource management
- Techniques for mitigating risks using AI
- Role of AI in contract negotiation and dispute resolution
- Hands-on experience with AI tools for practical applications
Modules
This training course is split into two modules:
MODULE I - Artificial Intelligence (AI) in Contract Management
MODULE II - Artificial Intelligence (AI) in Project Management
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Objectives
At the end of this Artificial Intelligence in Contract and Project Management training course, you will learn to:
- Understand key contractual arrangements in selected industries
- Apply AI tools to optimize project scheduling and resource allocation
- Utilize AI for effective risk prediction and management
- Draft and review contracts using AI technology
- Evaluate AI’s role in dispute resolution and negotiation
Training Methodology
Participants will engage in interactive lectures, practical exercises with AI tools, in-depth discussions, individual feedback sessions, and live demonstrations. This approach ensures a thorough understanding and application of the concepts taught.
Organisational Impact
The Organisation will have the following benefits:
- Enhanced efficiency in contract and project management
- Improved risk management capabilities
- Reduction in contract review and project delivery times
- Increased competitive edge with AI technologies
- Better alignment of project outcomes with organizational goals
- Advanced skills in using AI tools across teams
Personal Impact
At the end of this training course the participants will gain the following:
- Advanced skills in AI-driven contract and project management
- Improved problem-solving and decision-making capabilities
- Greater confidence in managing complex projects
- Enhanced ability to negotiate favorable contract terms
- Up-to-date knowledge of AI technologies
- Strategic approach to AI implementation in their roles
Who Should Attend?
This Oxford Management Centre Artificial Intelligence in Contract and Project Management training course will benefit all levels of personnel involved in any aspect of project procurement and implementation in commercial sectors. It will enable a broad range of disciplines to appreciate and understand the complexities of various industries, and how best to manage risk.
This training course is appropriate to a wide range of professionals but will greatly benefit:
- Senior Managers
- Legal Managers and Counsel
- Commercial and Business Managers
- Contracts Administrators and Managers
- Project Managers and Team Leaders
- IT Professionals in Project Teams
Course Outline
Module 1: Artificial Intelligence (AI) in Contract Management
Day One
Introduction to Artificial Intelligence (AI) in Commercial Contracts
- Overview of Business Structures and Contracting
- Emergence of AI and its application in society and business
- What can AI do and what it can’s do?
- The benefits and risks of using AI tools for contract negotiation
- Contract Formation: terms and conditions
Day Two
AI in Commercial Contracts Drafting: Enhancing Speed and Compliance
- Can AI draft a commercial contract?
- Remedies of Breach of Contracts
- Damages: Compensatory, Consequential and Incidental
- Damages, Liquidated Damages
- Termination of Contracts: AI role?
- The traditional commercial contract drafting process
- Limitations and challenges faced in traditional drafting methods
- Benefits of AI in the contract drafting process
- Best practices for implementing AI for contract drafting
Day Three
AI in Commercial Contract Negotiations: How to do so profitably?
- Negotiating Commercial Contracts
- Joint Venture (JV)
- Example- Production Sharing Contracts (PSC)
- Fundamental Legal Principles
- Commercial Realities
- Cultural and Language Issues
- The application of AI in negotiating commercial contracts
- Liability clauses
- Contractual indemnity
- Insurance provisions
Day Four
AI and Contract Management
- Risk Management and AI
- The role of AI in contract management
- Sending payment reminders, contract renewals reminders
- Tracking contracts performance
- Identifying any potential breaches of contract
- Managing end-to-end contracting workflow
- How data collection becomes another metric to be analysed and used in optimising contract negotiations
- Indemnity and Exclusion Clauses: Why the need and the role of AI?
- Performance & Penalties
- Force Majuere, Change in Law and other Disputes
Day Five
AI Role in Dispute Resolution under Cross Border / International Agreements
- The emergence of AI and its application in dispute avoidance
- AI and developing negotiation strategies in dispute avoidance under commercial contracts
- Arbitration & Mediation – Important Differences
- Mediation and Conciliation, Adjudication, Dispute Boards - save time and costs
- Enforcement of International Arbitration Awards under the New York Convention
- Contemporary Developments in Case Law and Legislation
Module 2: Artificial Intelligence (AI) in Project Management
Day Six
Introduction to AI in Project Management
- Overview of AI and its relevance in project management.
- Introduction to various AI technologies impacting project management.
- The role of data in AI-driven project optimization.
- Understanding AI capabilities in project planning and execution.
- Overview of AI tools available for project managers.
- Analysis of AI applications in project management.
Day Seven
AI for Project Scheduling and Resource Allocation
- Principles of AI in scheduling: from theory to application.
- Demonstrations of AI-driven scheduling effectiveness.
- Exploration of tools and software for AI-based scheduling.
- AI approaches to resource allocation and optimization.
- Simulation of an AI-driven project scheduling scenario.
- Development session: AI resource allocation model.
Day Eight
AI for Risk Prediction and Management
- Fundamentals of risk management using AI.
- Demonstrations of predictive analytics and risk assessment models.
- AI in qualitative vs. quantitative risk analysis.
- Implementing AI tools for continuous risk monitoring.
- Analysis of AI-driven risk management effectiveness.
- AI risk prediction tool.
Day Nine
Integrating AI into Project Management Practices
- Strategic integration of AI technologies in existing processes.
- Managing change for AI adoption in project teams.
- Ethical considerations and AI in project management.
- Building AI competency within project management teams.
- AI integration roadmap.
Day Ten
Review and Practical Application
- Review of key AI concepts and tools learned throughout the workshop.
- Hands-on practical exercise with a comprehensive AI project management tool.
- Development of a personalized AI implementation action plan.
- Individual feedback: Sharing insights and experiences.
- Overcoming barriers to AI adoption.
Certificate
On successful completion of this training course, Oxford Management Centre Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates
Accreditation
In association with
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FREQUENTLY ASKED QUESTIONS
To check on availability please call Registrar’s Office at +971 50 985 0174. If you have any questions or enquiries please feel free to contact us
- Telephone: +971 50 985 0174
- E-mail: [email protected]
Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:
- Telephone: +971 50 985 0174
- E-mail: [email protected]
Yes, Oxford Management Centre is accredited by the following professional bodies;
National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.
Yes, discounts are available. For further information please call +971 50 985 0174 or email, [email protected]
Note: Discounts are not applicable with any other special offer that may be available.
There are 2 easy ways to register:
- Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
- E-mail: Send your details to [email protected]
We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.
For more information request, email [email protected] or call +971 50 985 0174.
The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.
While, online training fees cover the course presentation and digital documentation and relevant materials.
The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.
Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.
Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.
Upon receipt of your registration form, we will send you the following by e-mail:
- Registration Confirmation
- Invoice/Receipt (where appropriate)
If you register online you will receive an e-mail within 24 hours confirming your registration.
