COURSE OVERVIEW

 

This practical and highly-interactive course includes real-life case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. 

 

This course is designed to provide participants with a complete and up-to-date overview of Certified Contract Management. It covers the importance of contract management and the key roles and responsibilities of contract managers; the contract lifecycle including the legal and ethical considerations in contract management; the contract formation, pre-contract activities and requirements; the types of contracts and their key features, contract terms and conditions; and the negotiation strategies and techniques, contract risk management and dispute resolution mechanisms. 

 

Further, the course will also discuss the contract management process and systems; the contract performance monitoring and evaluation; the change management, contract modifications and compliance with contractual obligations; the budgeting and cost control in contract management, payment terms and invoicing processes; the financial analysis, reporting, contract termination and settlement; establishing effective supplier relationships; selecting and evaluating supplier; managing supplier performance; and the supplier development and collaboration. 

 

During this interactive course, participants will learn the legal and regulatory compliance and contract law and its implications; the intellectual property considerations in contracts, data protection and privacy in contract management; the compliance with industry-specific regulations; the advanced negotiation techniques, resolving conflicts and managing difficult conversation; the mediation and arbitration in contract disputes and strategies for win-win outcomes; the key performance indicators (KPIs) for contracts and monitoring and measuring contract performance; the quality assurance and continuous improvement; auditing and reviewing contract management; the contract closeout procedures and documentation; evaluating contract performance and outcomes.