The Artificial Intelligence in Contract and Project Management training course is designed to provide professionals with the expertise to integrate AI technologies into their contract management and project processes. In an increasingly data-driven world, leveraging AI is essential for enhancing efficiency, reducing errors, and optimizing decision-making. This training course focuses on the practical application of AI to automate contract reviews, streamline project scheduling, and mitigate risks, helping participants stay competitive in their industries.
Through real-world case studies and hands-on training with advanced AI tools, attendees will gain a deep understanding of how AI can revolutionize contract negotiations, dispute resolution, and project management workflows. By the end of the training course, participants will be equipped to implement AI-driven strategies that improve both contract and project management outcomes, ensuring operational efficiency and innovation in their fields.
Key highlights of this Energy Training Centre training course are as follows:
- Comprehensive understanding of AI in contract management.
- Application of AI in optimizing project scheduling and resource management.
- Techniques for mitigating risks with AI tools.
- AI's role in contract negotiation and dispute resolution.
- Hands-on experience with AI tools for practical applications.
This training course is split in two modules:
MODULE I - Artificial Intelligence (AI) in Contract Management
MODULE II - Artificial Intelligence (AI) in Project Management
Each modules is structured and can be taken as a stand-alone training course; however, delegates with will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
- Expertise in utilizing AI for contract and project management
- Sharpened problem-solving and decision-making skills
- Increased confidence in handling complex projects
- Strengthened ability to negotiate advantageous contract terms
- In-depth understanding of the latest AI technologies
- A strategic mindset for applying AI in their professional roles
This Artificial Intelligence (AI), Contract Management and Project Management training course will greatly benefit:
- Senior Managers
- Legal Managers
- Commercial and Business Managers
- Contracts Administrators and Managers
- Project Managers and Team Leaders
- IT Professionals in Project Teams
Module 1: Artificial Intelligence (AI) in Contract Management
Training Course Outline
- Overview of Business Structures and Contracting
- The emergence of AI and its application in society and business
- What can AI do and what it can't do?
- Can AI draft a commercial contract?
- Termination of Contracts: AI role?
- Benefits of AI in the contract drafting process
- Best practices for implementing AI for contract drafting
- AI in Commercial Contract Negotiations: How to do so profitably?
- The application of AI in negotiating commercial contracts
- Risk Management and AI
- The role of AI in contract management
- 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?
- 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
Module 2: Artificial Intelligence (AI) in Project Management
Training Course Outline
- 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.
- Principles of AI in scheduling: from theory to application.
- Demonstrations of AI-driven scheduling effectiveness.
- Exploration of tools and software for AI-based scheduling.
- Fundamentals of risk management using AI.
- Demonstrations of predictive analytics and risk assessment models.
- AI in qualitative vs. quantitative risk analysis.
- Strategic integration of AI technologies in existing processes.
- Managing change for AI adoption in project teams.
- Ethical considerations and AI in project management.
- Review of key AI concepts and tools learned throughout the workshop.
- Hands-on practical exercise with a comprehensive AI project management tool.
