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All programmesProcurement, Contracts & Logistics / PM-PRO-029

Reading and Negotiating Commercial Terms

A practical programme in reading and negotiating commercial terms, connecting working concepts with team decisions and relevant workplace examples.

About the Course

This programme develops a working approach to reading and negotiating commercial terms in the context of sourcing, contract performance and delivery choices. Participants move from understanding the main concepts to examining a case, testing alternatives and explaining a practical recommendation. The three modules focus on term comparison, drafting clarity and negotiation priorities. Examples are selected after the training brief so that they reflect the responsibilities and experience of the participant group.

Course Objectives

  • Explain the role of term comparison and identify the information required for a reliable assessment.
  • Use a structured worksheet to examine drafting clarity and compare reasonable alternatives.
  • Identify assumptions, missing evidence and implementation concerns related to negotiation priorities.
  • Prepare an option comparison with cost, service and exposure considerations for discussion with a supply-chain team.
  • Translate the exercise into a workplace action plan with owners, review points and measurable progress.

Who Can Benefit

  • Buyers and sourcing professionals: apply term comparison to their responsibilities through a guided case and a course-specific worksheet.
  • Contract and supply-chain coordinators: apply drafting clarity to their responsibilities through a guided case and a course-specific worksheet.
  • Operations and logistics planners: apply negotiation priorities to their responsibilities through a guided case and a course-specific worksheet.

Participant experience and learning needs are reviewed before the programme is confirmed.

Curriculum & Practical Work

Day 1

Term comparison

Map a current situation involving term comparison; separate facts from assumptions and identify questions that need clarification.

Day 2

Drafting clarity

Compare two approaches to drafting clarity; explain the expected benefits, limitations and information gaps.

Day 3

Negotiation priorities

Develop an action plan for negotiation priorities; assign responsibilities and agree how results should be reviewed.

Learning Method

Short concept discussions, guided worksheets, group comparisons and instructor feedback, followed by a workplace action plan.

Educational programme. No professional accreditation is implied; specialist legal, engineering or tax advice requires qualified professionals.