Schedules Introduction Objectives Training Methodology Organisational Impact Personal Impact Who Should Attend? Outline

Home / Artificial Intelligence (AI) / Artificial Intelligence in Contract and Project Management

Course Schedule

Classroom Sessions:

Date	Venue	Fees
02 - 13 Dec 2024	Dubai - UAE	$11,900
16 - 27 Dec 2024	London - UK	$11,900
17 - 28 Feb 2025	London - UK	$11,900
21 Apr - 02 May 2025	Dubai - UAE	$11,900
18 - 29 Aug 2025	London - UK	$11,900
06 - 17 Oct 2025	Dubai - UAE	$11,900
01 - 12 Dec 2025	Dubai - UAE	$11,900
15 - 26 Dec 2025	London - UK	$11,900

Online Sessions:

21 Apr - 02 May 2025	Online	$7,900
06 - 17 Oct 2025	Online	$7,900

Course Description

INTRODUCTION

This 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 GLOMACS Artificial Intelligence (AI), Contract Management 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 (AI), Contract Management 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 Artificial Intelligence (AI), Contract Management and Project Management 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 Artificial Intelligence (AI), Contract Management 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 GLOMACS Artificial Intelligence (AI), Contract Management and Project Management 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 1

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 2

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 3

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 4

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 5

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 6

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 7

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 8

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 9

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 10

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.

Certificates

On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance

Providers and Associations

Endorsed Education Provider

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

In Association With

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

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The Energy Training Centre

Our collaboration with Energy Training Centre aims to provide the best training services and benefits for our valued clients