Course information

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 Detroit 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 Detroit 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 Detroit 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 Detroit 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 Detroit, 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

Why choose us

Our Detroit venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Detroit is the largest city in the state of Michigan, United States. It is located on the United States-Canada border and has a population of around 680,000 people. Denver’s growth is mostly to be credited to the expansion of the automobile industry as they supplied a lot of automotive support for the Allied powers during World War II. Detroit Public Schools govern 66,000 students and it is the largest district in Michigan. Detroit also has a population of charter school students at a rate of about 56,000 pupils. There are many private schools in Detroit including 110 Roman Catholic grade schools which are operated by the Archdiocese of Detroit. Detroit is home to many further education establishments including Wayne State University, University of Detroit Mercy, University of Detroit Mercy School of Law and Sacred Heart Major Seminary. Wayne State University is a national research university which focuses on medical and law majors but offers hundreds of other different academic programs. The University of Detroit Mercy is a Roman Catholic co-educational facility which is affiliated with Sisters of Mercy and Society of Jesus. It provides a wide variety of different academic degrees in a range of different subjects including dentistry, law, architecture and nursing. Sacred Heart Major Seminary is affiliated with the Pontifical University of Saint Thomas Aquinas, Angelicum in Rome. It was founded in 1919 and provides students with pontifical degrees and civil graduate or undergraduate degrees. Students are welcome to be clerical or lay. The University of Michigan was originally established in Detroit in 1817 but was then moved to Ann Arbor in 1837. Other further education facilities include the College for Creative Studies, Lewis College of Business and Marygrove College. The Michigan State University College of Osteopathic Medicine based in East Lansing also has a satellite campus based in the Detroit Medical Center. 

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Address

Detroit, Michigan

T: +1 7204454674

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Contract Management Training | Commercial Contracts Management Training in Detroit. 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 Training | Commercial Contracts Management Training in Detroit, 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.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite 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

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Team building opportunity

Our 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 Training | Commercial Contracts Management Training in Detroit FAQs

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The training fees for certification in Detroit starts from $1295
The Knowledge Academy is the Leading global training provider for .
Please see our courses available in Detroit
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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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