Contract Management Certification Training Overview

Contract Management Certification Training Course Outline

Module 1: Role and Value of Procurement Contracts

  • Definitions
  • Relationships
  • Importance

Module 2: Creation of a Procurement Contract

  • Agreement
  • Consideration
  • Intent

Module 3: People and Authority

  • Principles
  • Agent
  • Third Parties
  • Privacy

Module 4: Legal Concepts of Procurement Contract

  • Framework
  • Key Components

Module 5: Procurement Contract Construction

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

Module 6: Managing the Procurement Contract

  • Vitiation
  • Mistakes
  • Misrepresentation
  • Discharging a Contract

Module 7: Procurement Contract in Context

  • Strategy
  • Process
  • Methods
  • Tendering Process
  • Evaluation

Module 8: Procurement Strategy

  • Principles
  • Risk
  • Costing Models
  • Supply Chains
  • Intellectual Property Rights

Module 9: Solicitation

  • Planning
  • Source Selection
  • Administration
  • Documentation
  • Closure

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Who should attend this Contract Management Certification Training?

The Contract Management Course in India is designed for professionals seeking to master the intricacies of Contract Management processes and gain a recognized 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 Certification Training

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 Certification Training Course Overview

Contract Management in India is a crucial aspect of modern business operations, involving the effective management of contracts to maximize operational and financial performance and minimize 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 in India. Mastery of this subject ensures that contractual obligations are met effectively, risks are managed efficiently, and the organization's interests are safeguarded, making it an essential skill set in various business sectors.

The Knowledge Academy's 2-day Contract Management Course in India 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.

Course Objectives

  • To understand the fundamentals of Contract Management and its impact on business operations
  • To recognize the stages of the contract lifecycle from initiation to conclusion and beyond
  • To develop skills for negotiating contracts that align with organizational 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 in India, 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 organization's success with confidence and expertise.

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What’s included in this Contract Management Certification Training?

  • Contract Management Examination
  • World-Class Training Sessions from Experienced Instructors
  • Contract Management Certificate

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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  

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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 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.

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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 Contract Management Certification 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 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

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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

Contract Management Certification Training FAQs

There hasn't been any questions asked about this Topic

The training fees for certification in India starts from INR34995
The Knowledge Academy is the Leading global training provider for .
Please see our courses available in India
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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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Complete Contract Management Package

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3 courses

Total without package:  INR84985

Package price:  INR50995 (Save INR33990)

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