Commercial Contracts Management Training Overview

Commercial Contracts Management Training Course Outline

Module 1: Introduction to Commercial Contracts Management

  • What is Commercial Contracts Management?
  • Commercial Contract Management Process
  • Purpose of Commercial Contracts
  • Parts of a Commercial Contract
  • Managing Commercial Contracts
  • Automating Workflows for Commercial Contracts
  • Commercial Contracts Challenges

 Module 2: Drafting Contracts

  • What is Drafting of a Contract?
  • Importance of Drafting of a Contract
  • Objectives
  • Skills required to Draft a Contract
  • What are the Essentials for a Well-Drafted Contract?

Module 3: Commercial Negotiation

  • What is Commercial Negotiation?
  • Preparing for a Commercial Negotiation
  • What are the Stages of a Commercial Negotiation?
  • How to Succeed in a Commercial Negotiation?

Module 4: Contract Risk Management

  • What is Contract Risk Management?
  • Why is Contract Risk Management Important?
  • Types of Risk in Contract Management
  • Contract Risk Management Process
  • Benefits of Contract Risk Management

Module 5: Commercial Bid Evaluation

  • What is a Bid?
  • How a Bid Works?
  • What is Commercial Bid Evaluation?
  • Benefits of a Commercial Bid Evaluation

Module 6: Service Level Agreement

  • What is a Service Level Agreement?
  • Why Service-Level Agreements are Important?
  • How is a Service-Level Agreement Used?
  • Common Metrics
  • Types of Service Level Agreement
  • What is Included in a Service-Level Agreement?

 

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Who should attend this Commercial Contracts Management Training Course?

The Commercial Contracts Management Training Course is designed for those who want to get better at understanding, drafting, negotiating, and managing Commercial Contracts in various industries. The Commercial Contracts Management Training Course can benefit individuals such as:

  • Contract Managers
  • Procurement Professionals
  • Legal Professionals
  • Project Managers
  • Supply Chain Managers
  • Business Development Executives
  • Contract Administrators   

Prerequisites of the Commercial Contracts Management Training Course

There are no formal prerequisites for this Commercial Contracts Management Training Course.

Commercial Contracts Management Training Course Overview

Commercial Contracts Management is a process that contracts managers use to negotiate agreements between two businesses. It is responsible for organising the entire process to ensure that all parties involved are aware of their responsibilities and plan for complex business. Studying this training helps individuals to communicate with the client about the agreement between the parties and the client’s intentions to create an outline for the contract. This training helps learners about executing contracts to ensure compliance and the agreement's maximum operational and financial performance. Individuals with excellent management skills and knowledge will get a satisfactory job in multinational cooperation with desired earnings.

In this 1-day Commercial Contracts Management Training course, delegates will learn to increase the operational and financial performance of the business. During this training, delegates will about contract drafting to regulate business relations between individuals or businesses. They will also learn about risk management which helps companies to minimise their losses and improve business processes. The Knowledge Academy’s highly professional and knowledgeable tutor who has years of teaching experience will conduct this training.

Course Objectives

  • To identify the terms of the agreements exchanged between the parties
  • To anticipate possible requests for a lower price and preserve the margin
  • To provide the information and tools fully exploit outbound contracts
  • To execute and maintain contracts when work is implemented
  • To provide greater insight for better focus and structure its inquiry
  • To reduce litigation risk upfront makes the company investment attractive

At the end of this training course, delegates will be able to make the contract management process quicker and easier. They will also be able to maintain the project budget and gather the proper materials.

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What’s included in this Introduction to Commercial Contracts Management Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • Commercial Contracts Management Certificate
  • Digital Delegate Pack

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Why choose us

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Commercial Contracts Management Training. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Commercial Contracts Management Training, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Commercial Contracts Management Training. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Commercial Contracts Management Training sessions.

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Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

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Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy’s In-house/Onsite Commercial Contracts Management Training at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our Commercial Contracts Management Training offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Commercial Contracts Management Training FAQs

Commercial Contracts Management is a process that contracts managers use to negotiate agreements between two businesses.
There are no formal prerequisites for attending this Commercial Contracts Management Training course.
This course is for everyone who wants to maximise business performance and minimise risks.
There are various stages of Commercial Contracts Management including, making contact, analysis of the customer's needs, sales pitch, rephrasing the objectives, negotiation phase, and closing the sale.
A contract management system is beneficial for reducing business risk and improving compliance, expanding contract visibility, better renewals, and value-added documents.
This course is [ ] day(s)
This training is beneficial for delegates in holding their service provider accountable for the service. This is also beneficial for regulating business relationships and minimising commercial litigation.
In this Commercial Contracts Management Training course, you will learn about the contract management process, preparing for a commercial negotiation, stages of commercial negotiation, working of bid, commercial bid evaluation, service-level agreement, and related concepts.
The training fees for Commercial Contracts Management Training certification in Australia starts from AUD1895
The Knowledge Academy is the Leading global training provider for Commercial Contracts Management Training.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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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

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Commercial Contracts Management Training in Australia

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