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At The Knowledge Academy, our classroom-based training courses allow delegates to study and learn in a friendly, engaging,
and interactive environment. We ensure the very best level of teaching, with first-rate instructors, resources,
and state-of-the-art facilities. We provide courses of varying durations and can arrange weekend and residential
courses in order to suit your requirements.
Furthermore, our classroom courses are carried out in thousands of locations worldwide, making training easily accessible wherever you are. Our courses typically begin at 9.00 am and continue until 5.00 pm each day, with breaks and refreshments provided. , As our most popular form of training available, we pride ourselves in continuously delivering an outstanding learning experience for our delegates in the classroom.
Our online-based training courses aim to provide you with a complete training experience. Due to their
flexibility, these courses are greatly suited to busy working professionals, or any individual who would prefer the
convenience of an online training course.
Our Computer-Based Training (CBT) courses remove the time and cost associated with travelling to course locations. You can complete your chosen course in any location, and work at your own pace, as the learning portal can be accessed 24/7. All of our online training courses have technical and administrative support and mobile access. Furthermore, each course has been carefully designed to incorporate informative, instructive, and engaging content. In this way, online learning can guarantee a valuable and enjoyable training solution.
Our In-house training option allows you to select any of our courses and receive training at a venue of your choice,
by any method of your choice.
IIn-house courses deliver training to multiple employees at once, thus reducing travel expenses and providing you with the ultimate convenience and value for money. In addition, this option allows you to receive a training course that has been specifically tailored to meet your business needs, ensuring first-class quality, applicability, and value.
By choosing to bring bespoke training to the office, you can improve business performance, and make your organisation more streamlined, resourceful, and profitable. With over 25 years’ of experience, we are the market-leaders of In-house training.
Our Virtual training courses provide you with the option to learn using a specialised simulated virtual environment.
In this environment, our expert training instructors will be able to convey information and provide you with the
all the knowledge you require to earn your qualification with The Knowledge Academy. As the largest global
training provider, this method of training allows us to extend our training scope to those who may not
be able to attend a classroom course itself, but would like to receive direct training and support from an instructor.
Using this training delivery method, you would benefit from the convenience of remote access and the elimination of the time and cost associated with travelling to a training venue.
Contract Management relates to the administration of contracts between enterprises and their vendors, to derive the utmost benefits from them and reduce economic dangers. Successful Contract Management is crucial to the development of good relationships between both parties, hence this training course will provide delegates with necessary understanding of contract law, managing contracts, and contract procurement.
Contract Management regards the administration of contracts between businesses and their stakeholders, for the purpose of maximising benefits and minimising financial risks. Contract Management covers the entire period of the contract, from the start of an agreed term between two companies when plans are being created, right through to very end of the contract during the productivity evaluation, to ensure all parties fulfill their obligations for the duration of the contract.
Sufficient management of contracts also ensures that your business's objectives are achieved and potential risks can be negotiated prior to issues arising during the contract term. Successful Contract Management practice can generate closer relationships with business partners and providers, which in turn produces increased value and benefits, as the contract is deriving the best aspects from all parties.
Contracts are fundamental to the work-processes and exchange of services between the government, public sector services, and commercial businesses. Essentially, Contract Management training ensures that contracting processes are conducted efficiently, professionally, and in a legally binding manner.
We provide a number of Contract Management training courses, all of which are described below.
The Knowledge Academy provides a two-day Contract Management Training course. This Contract Management course teaches delegates everything they need to devise effective contracts, hence there is no follow-on course or courses of differing difficulty levels. Delegates will learn the skills, principles, and techniques related to managing contacts, reducing risks, and improving contract processes. This course is taught via classroom-based training, and there is no examination for this Contract Management certification.
We also offer a Business Contract Law training course that provides an introduction to the fundamentals of Business Contract Law. Delegates will learn to understand the complicated language of contracts, and will acknowledge the significance of legally binding documents. This training course teaches delegates about constructing contracts, whilst considering liabilities, reimbursements, and termination provisions.
By the end of this training course, delegates will possess knowledge of what is needed to successfully produce a contract that maximises benefits and diminishes risks. Business Contract Law is a hands-on training course, comprising of example scenarios and practical tasks so delegates can apply their knowledge.
Our Intellectual Property Training course teaches delegates about major intellectual property rights. Patent, copyright, trademarks, and designs are all explored, as these concepts provide crucial protection for organisations. On this intense one day training course, delegates will acquire an understanding of opportunity profitability, value improvement, and assurance of rights protection. The content delivered reflects current times and trends, such as the new EU regulations relating to technology contracts. By the end of this training course, delegates will have gained an extensive understanding of protecting business rights.
Drafting Commercial Contracts training provides delegates with an understanding of what it takes to draft effective commercial contracts. Delegates will become aware of the legal terminology that undermines the contracting procedure, and will learn about contract planning, risks, accountability, and contract framework. The significance of the connection between drafting coherent contracts and organisation success is reiterated throughout the course. Delegates will understand how commercial objectives can be achieved by avoiding contract liabilities and dangers.
Our Contract Negotiation Training course enables delegates to effectively negotiate contracts, arrangements, and conflicts, whilst ensuring pleasant relationships with the parties involved. Delegates will gain knowledge of many successful negotiating means and tools, and will be able to analysis the effectiveness of such techniques. Delegates will also become aware of how to handle disputes that may arises during the course of a contract.
The prominence of successful contract negotiation for the purpose of organisation prosperity is asserted within this course. This training course adopts a practical manner, as interactive measures such as case studies, workshops, and activities are used so delegates can practice applying their knowledge.
Contract Management certifications are sought-after by both employees and individuals, as contracts underpin almost all business transactions and service exchanges - demonstrating the invaluable necessity of this certification. Hence, employment opportunities for those with Contract Management certifications are rife, as contracts are always in existence.
Further benefits of Contract Management for individuals include:
Possess the skills and techniques to help cut expenses
Sought-after by businesses and employers
Understand and use common legal and contractual terminology
Appreciate the importance of a contract
Ability to identify and reduce risks
Contract Management is important for businesses because it oversees the contract from beginning to end, monitoring throughout to ensure nothing is missed. This in turn maximises financial potential, enhances the performance/productivity of an organisation, and reduces risk, all being the most significant benefits for companies.
As well as this, contract management ensures that all involved parties fulfill their responsibilities, so that the terms of the contract are met throughout. Further benefits of Contract Management for businesses and employers are defined below:
Increased visibility of spending and of what happens if certain situations arise, e.g. a natural disaster
Decreased risk of mistakes in the contract
Improved compliance (by 55% on average) with payments, deadlines, etc.
Enhanced control over contracts
Standardised processes and procedures enabling consistent contract terms
More awareness that a contract exists
Alerts in advance when a contract is coming to an end or needs to be renewed, which prevents automatic renewal going unnoticed
Builds better relationships with partners
Easy access to contracts
Learn how to meet stakeholder requirements
Increased benefits, hence enhanced business value
Achieve closer relationships with suppliers
Boost Contract Management knowledge and skills
We can offer exceptional deals on in-house/on-site training at a location of your choosing for a number of your staff. Enquire to learn about our offers.Enquire about In-house training
We have the guaranteed best price for our courses in the industry
Resources are included for a comprehensive learning experience
Flexible delivery methods are available depending on your learning style
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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"
Joshua Davies, Thames Water
"...the trainer for this course was excellent. I would definitely recommend (and already have) this course to others."
Diane Gray, Shell
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