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 Indianapolis 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 Indianapolis 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 Indianapolis 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 Indianapolis 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 Indianapolis, 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 Indianapolis 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.

Indianapolis is the capital and largest city in the state of Indian. With a population of over 855,000 residents it is the 14th largest city in the United States. The city is the hub of manufacturing and transportation following the completion of the National Road and the Railroad. Indianapolis is also the hub of many demanding services such as; financial services, business, logistics, distribution services, education and hospitality and tourism.

 

The city is best-known for holding the largest international single-day sporting event, the Indianapolis 500. Some of the top places to visit in Indianapolis include Victory Field, the Motor Speedway Museum, the Central Canal and Monument Circle.


Indiana University - Purdue University Indianapolis (IUPUI) has an enrollment of approximately 30,000 students which is the third largest in the state. Other universities in Indianapolis include the Butler University, Marian University, Indiana University School of Medicine, Dentistry, Informatics, Nursing, Liberal Arts and Law and Martin University.

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Address

City Center
201 North Illinois Street
16th Floor – South Tower
Indianapolis
Indiana
46204

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 Indianapolis. 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 Indianapolis, 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

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 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 Indianapolis FAQs

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