Contract Management Certification Training Overview
Contract Management Course Outline
Module 1: Role and Value of Procurement Contracts
Module 2: Creation of a Procurement Contract
Module 3: People and Authority
- Third Parties
Module 4: Legal Concepts of Procurement Contract
- Key Components
Module 5: Procurement Contract Construction
- Essential Clauses
- Exemption Clauses
Module 6: Managing the Procurement Contract
- Discharging a Contract
Module 7: Procurement Contract in Context
- Tendering Process
Module 8: Procurement Strategy
- Costing Models
- Supply Chains
- Intellectual Property Rights
Module 9: Solicitation
- Source Selection
Who should attend this Contract Management Training Course?
The Contract Management Course is designed for professionals seeking to master the intricacies of Contract Management processes and gain a recognised certification in the field. This course is essential for individuals involved in procurement, vendor management, legal, and project management roles. The following professionals will benefit from this training:
- Contract Managers
- Project Managers
- Legal Counsel and In-house Counsel
- Purchasing Managers
- Risk Managers
- Vendor and Supplier Relationship Managers
- Compliance Officers
Prerequisites of the Contract Management Training Course
There are no formal prerequisites for this Contract Management Course. However, a basic understanding of the Contract Management process can be beneficial for the delegates.
Contract Management Training Course Overview
Contract Management is a crucial aspect of modern business operations, involving the effective management of contracts to maximise operational and financial performance and minimise risk. This discipline is increasingly relevant in today's fast-paced business environment, where contracts govern a significant portion of business transactions and partnerships.
Understanding Contract Management is vital for professionals who deal with contracts regularly, such as Project Managers, Procurement Officers, and Legal Advisors. Mastery of this subject ensures that contractual obligations are met effectively, risks are managed efficiently, and the organisation’s interests are safeguarded, making it an essential skill set in various business sectors.
The Knowledge Academy's 2-day Contract Management Course is designed to equip delegates with practical skills and knowledge for effective Contract Management. Through this course, participants will learn key principles, techniques, and best practices for managing contracts, ensuring they can handle real-world challenges confidently.
- To understand the fundamentals of Contract Management and its impact on business operations
- To recognise the stages of the contract lifecycle from initiation to conclusion and beyond
- To develop skills for negotiating contracts that align with organisational goals and compliance standards
- To identify common pitfalls in Contract Management and strategies to avoid them
- To gain insight into the legal principles that underpin contract management and enforcement
- To enhance decision-making abilities regarding contract variations and dispute resolutions
Upon completion of this course, delegates will not only have refined their skills in managing contracts but also gained an invaluable edge in the competitive business landscape, ensuring they can contribute to their organisation’s success with confidence and expertise.
What’s included in this Contract Management Training Course?
- Contract Management Examination
- World-Class Training Sessions from Experienced Instructors
- Contract Management Certificate
- Digital Delegate Pack
Contract Management Certification Training Exam Information
To achieve the Contract Management Certification Training, candidates will need to sit for an examination. The exam format is as follows:
- Question Type: Multiple Choice
- Total Questions: 30
- Total Marks: 30 Marks
- Pass Mark: 50%, or 15/30 Marks
- Duration: 60 Minutes
Why choose us
Ways to take this course
Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Contract Management Certification 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 Contract Management Certification 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 Contract Management Certification 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 Contract Management Certification Training sessions.
Highly experienced trainers
Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience
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
Small class sizes
Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment
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 Contract Management Certification Training at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.
Tailored learning experience
Leverage benefits offered from a certification that fits your unique business or project needs
Maximise your training budget
Cut unnecessary costs and focus your entire budget on what really matters, the training.
Team building opportunity
Our Contract Management Certification Training offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings
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
Amazing explanations. Kept us all included for the duration of the course.
The training is informative and interactive.
Ma Andria B. de Vera
Contract Management Certification Training FAQs
Why choose us
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.
Many delivery methods
Flexible delivery methods are available depending on your learning style.
High quality resources
Resources are included for a comprehensive learning experience.
"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