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Contract Management Training

Key points about this course


Duration: 2 Days*

Dates & Prices Enquire
  • Understand how to successfully manage contracts.
  • Roles and responsibilities of how to implement a contract.
  • Successful delivery of a contract and manage outcomes.

Available delivery methods for this course

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Classroom

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In-house

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Online

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Live Virtual

Course Information

Contract Management Training Overview

Contract Management focuses on the administration of contracts between organisations and their collaborators. Contract Management is essential due to the potential benefits of exchanging comprehensive contacts, including the reduction of financial risks and development of relationships. Additionally, Contract Management enables business objectives to be accomplished more visibly, and covers the entire contract period, from before initiation right through to the very end, to ensure that all parties fulfil their obligations.

Therefore, this two-day Contract Management training course teaches delegates fundamental skills relating to contract law, management contracting, and contract procurement. Delegates will acquire knowledge of how to manoeuvre through the confusing legal language that often undermines contract processing, and will learn how to govern procurement contracts to minimise risk and maximise value accordingly. 

Contract Management Training Outline

Contract Management training will cover the following areas:

Role and Value of Procurement Contracts:

  • Definitions
  • Relationships
  • Importance

Creation of a Procurement Contract:

  • Agreement
  • Consideration
  • Intent

People and Authority:

  • Principals
  • Agents
  • Third parties
  • Privacy

Legal Concepts of Procurement Contracts:

  • Framework
  • Key components

Procurement Contract Construction:

  • Essential clauses
  • Misrepresentation
  • Breach
  • Damages
  • Exemption Clauses

Managing the Procurement Contract:

  • Vitiation
  • Mistakes
  • Misrepresentation
  • Discharging a contract

The Procurement Contract in Context:

  • Strategy
  • Processes
  • Options
  • Tendering process
  • Evaluation

Procurement Strategy:

  • Principles
  • Risk
  • Costing models
  • Supply chains
  • Intellectual property rights

Solicitation:

  • Planning
  • Source selection
  • Administration
  • Documentation
  • Closure 

Who is this course intended for?

This training course is designed for anyone interested in the management of procurement contracts, and those who are keen to learn the skills required to address contract processing correctly. Contract Management training will also help build better relationships with partners, so this course is also for anyone who wants to know how to achieve such connections. This course would be particularly useful for anyone who encounters contracts within their day-to-day job, whether this is in the private or public sector.

Prerequisites

There are no formal prerequisites for Contract Management training, however, some familiarity with the contracting process may be useful. 

No, delegates are not required to take an exam for Contract Management.
All our Contract Management instructors are certified and have many years experience in the sphere.
No, you do not need any prior qualifications as anyone can attend this training course.
The Knowledge Academy provides this Contract Management training course in a variety of locations throughout the UK and all over the globe, so there will be somewhere near you!

What’s Included

Included in this Contract Management Training course:

  • The Knowledge Academy’s Contract Management Delegate Pack
  • Experienced Instructor
  • Completion Certificate
  • Refreshments
 

Dates & Prices

Select your preferred delivery method

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How will you be funding your training?

Self funding

Company funding

Not sure

Key points about this course


Duration: 2 Days*


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

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Various delivery methods

Flexible delivery methods are available depending on your learning style.

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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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Shell Logo

"...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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