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 Course in the United States is designed for professionals who want to get better at understanding, drafting, negotiating, and managing Commercial Contracts in various industries. This 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 Course.

Commercial Contracts Management Training Course Overview

Commercial Contracts Management Training in the United States is critical for understanding and managing business agreements effectively. It ensures that contracts contribute positively to business operations and objectives. As businesses face complex legal landscapes, efficient contract management is essential for securing interests and minimizing risks.

Contract Managers, Legal Advisors, Project Managers, and business executives in the United States should master Contracts Management. This skill is important for anyone responsible for developing and managing commercial agreements, safeguarding their organization's interests, and ensuring compliance.

The Knowledge Academy's 1-day training in the United States provides essential skills for effective contract management. It covers the contract lifecycle, negotiation, implementation, and risk management, and combines theoretical knowledge with practical applications. This course empowers delegates to improve their organization's contract processes and outcomes.

Course Objectives

  • To grasp commercial contracts management fundamentals
  • To effectively navigate the contract lifecycle
  • To negotiate and draft contracts proficiently
  • To mitigate risks and resolve disputes
  • To ensure legal compliance in contracts
  • To enhance the financial and operational contract performance

Upon completing this course in the United States, delegates will understand commercial contract management and be equipped to support their organization's success through better contract negotiation and administration.

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What’s included in this 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.

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 the United States starts from $1295
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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