Definitions and Terms

Here we clarify the terms that often lead to different interpretations when participating in our training programs. Please review these provisions before registering for a course.

Practical Capabilities for Operational Management

Paraguay Awards offers specific tools for managing business processes in Latin America — from planning to working with contractors.

Corporate Budget Planning A methodology for planning regional financial flows that accounts for currency fluctuations and the inflationary backdrop of the Latin American market.
Regional Investment Risk Assessment A practical model for analyzing political and economic risks before project launch, with specific indicators and threshold values.
Legal Compliance A guide to aligning with local regulations — tax, customs, and labor standards across key Latin American markets.
Contractor Management A system for selecting suppliers, monitoring contract terms, and tracking deadlines in multi-phase projects.
B2B Negotiation Strategy Conducting negotiations with cultural codes in mind — positioning, concession priorities, and deal-closing techniques.
Operational Process Audit Diagnosing existing processes and identifying bottlenecks in logistics, inventory management, and production planning.
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Frequently Asked Questions About Programs

We have compiled the most frequently asked questions about operational management courses and B2B negotiation trainings. If you cannot find an answer, please contact us by email.

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What level of knowledge is required to enroll in the course?

The courses are designed for practitioners with at least one year of experience in operations or project coordination. Basic financial literacy is desirable but not mandatory — the first module covers the fundamentals of budgeting.

How is the training conducted in the Latin American context?

All case studies are built on real business situations in the region: working with local suppliers, customs procedures, and negotiations taking cultural nuances into account. We examine specific cases from Paraguay, Brazil, and Argentina.

How long does the program last and what is the schedule?

The standard cohort lasts 8 weeks, with two online sessions per week (in the evening, Tbilisi time). Additionally, an intensive 4-week format is available for corporate teams.

What is the difference between the operational management and B2B negotiations courses?

Operational management focuses on internal processes: budget planning, risk assessment, contractor management. The B2B negotiations course covers external communication: negotiation strategies, contract terms, and cultural adaptation. You can take both sequentially.

Is a certificate issued upon completion of the course?

Yes, upon successful completion, an electronic certificate is issued with the program name and hourly workload. The certificate confirms the development of practical skills in a regional context.

Business meeting in Latin America
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