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Course Information

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 

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Who should attend this Contract Management Training Course?

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 of Contract Management Certification Training

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

Contract Management Training Overview

The Knowledge Academy is Globally Recognised as the Industry Leader in Contract Management Training Globally. The Contract Management Course 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 the 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. 

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What’s Included in this Contract Management Training Course?

Included in this Contract Management Training course:

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

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Why choose us

Ways to take this course

Our easy to use Virtual platform allows you to sit the course from home with a live instructor. You will follow the same schedule as the classroom course, and will be able to interact with the trainer and other delegates.

Our fully interactive online training platform is compatible across all devices and can be accessed from anywhere, at any time. All our online courses come with a standard 90 days access that can be extended upon request. Our expert trainers are constantly on hand to help you with any questions which may arise.

This is our most popular style of learning. We run courses in 1200 locations, across 200 countries in one of our hand-picked training venues, providing the all important ‘human touch’ which may be missed in other learning styles.

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Highly experienced trainers

All our trainers are highly qualified, have 10+ years of real-world experience and will provide you with an engaging learning 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

We limit our class sizes to promote better discussion and ensuring everyone has a personalized experience

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Great value for money

Get more bang for your buck! If you find your chosen course cheaper elsewhere, we’ll match it!

This is the same great training as our classroom learning but carried out at your own business premises. This is the perfect option for larger scale training requirements and means less time away from the office.

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Tailored learning experience

Our courses can be adapted to meet your individual project or business requirements regardless of scope.

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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

This gives your team a great opportunity to come together, bond, and discuss, which you may not get in a standard classroom setting.

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Monitor employees progress

Keep track of your employees’ progression and performance in your own workspace.

What our customers are saying

Contract Management Certification Training FAQs

FAQ's

A Contract Management certification validates an individual's proficiency in effectively managing contracts, including overseeing deliverables, deadlines, terms and conditions, and ensuring customer satisfaction. Successful Contract Management entails comprehending the contract's scope, pricing structure, service levels, monitoring procedures, and governance processes and applying legal principles and best practices.
Contract management software is a specialised tool that simplifies and automates the Contract Management process for businesses. Its primary functions include creating, negotiating, renewing, and collecting data on existing contracts. By integrating various departments such as sales, legal, finance, procurement, and contract administration, the software enhances collaboration. It facilitates tracking important contract dates, ensuring compliance, managing risks, generating reports, and sending timely alerts.
Effective Contract Management certification is crucial in today's business landscape as it plays a vital role in preventing disputes, optimising costs, and maximising the value derived from products and services. Contracts serve as legally binding agreements that promote accountability and alignment. By implementing efficient Contract Management practices, businesses can streamline operations, automate processes, enhance productivity, minimise errors, and exercise better control over expenditures.
Obtaining this certification offers numerous advantages beyond simply advancing one's career. It enables individuals to acquire valuable skills and extensive expertise in Contract Management practices, stay updated on the latest industry developments, access broader career prospects, enhance negotiation and communication abilities, and gain industry recognition. For those seeking career growth in this field, earning this certification is a recommended pathway to explore.
No, delegates are not required to sit an exam for Contract Management.
All our Contract Management instructors are certified and have many years' experience in the sphere.
We offer a wide range of Contract Management certifications, including training programs in Contract Management, contract negotiation, business contract law, intellectual property, procurement, specification and service level agreements, commercial contracts management, and other related areas.
Contract management faces several challenges that can prevent organisations from achieving operational efficiency and expose them to risks. These challenges include missing contracts, redlining standard agreements, poor understanding of the contracting process, lack of automation, unwritten contracts, contract costs, boilerplate language, legal review, physical signatures, compliance challenges, and contract non-compliance.
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!
The price for Contract Management Certification Training certification in Belgium starts from €1495
The Knowledge Academy is the Leading global training provider for Contract Management Certification Training.

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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Complete Contract Management Package

Save upto 40%
3 courses
Included courses:

Contract Management Certification Training€1495

Contract Negotiation Training Course€995

Report Writing Training€995

Total without package:  €3485

Package price:  €2095 (Save €1390)

Purchase now