Advanced Contract Management
Introduction:
The Advanced Contract Management course is designed to provide participants with in-depth knowledge and skills in contract management and administration.
Over five days, this comprehensive program will cover contract fundamentals, contract types, negotiation strategies, risk management, and best practices in contract administration.
Course Goals:
Upon completing this course, participants will be able to:
1- Understand the fundamental principles of contract management
2- Identify and manage various types of contracts effectively
3- Develop negotiation and communication skills for successful contract agreements
4- Assess and mitigate risks associated with contracts
5- Implement best practices in contract administration and compliance.
Course Structure:
Day 1: Introduction to Contract Management
- Overview of Contract Management
- Importance of Effective Contract Management
- Key Principles of Contract Management
- Contract Management Lifecycle
- Roles and Responsibilities in Contract Management
- Group Exercise: Identifying Contract Management Challenges
Day 2: Types of Contracts and Negotiation
- Types of Contracts (Fixed-Price, Cost-Reimbursable, Time and Materials, etc)
- Selecting the Appropriate Contract Type
- Negotiation Fundamentals
- Effective Negotiation Techniques
- BATNA (Best Alternative to a Negotiated Agreement)
- Mock Negotiation Exercises
Day 3: Risk Management in Contracting
- Contractual Risks and Liabilities
- Identifying and Assessing Contract Risks
- Strategies for Risk Mitigation
- Insurance and Bonding in Contracts
- Legal Considerations and Dispute Resolution
- Case Studies: Risk Management in Real Contracts
Day 4: Contract Administration and Compliance
- Contract Documentation and Record-Keeping
- Performance Metrics and Key Performance Indicators (KPIs)
- Change Orders and Amendments
- Contract Closeout and Lessons Learned
- Ensuring Contractual Compliance
- Group Exercises: Drafting Change Orders
Day 5: Best Practices in Contract Management
- Vendor Relationship Management
- Contract Auditing and Evaluation
- Examining Successful Contract Management Cases
- Continuous Improvement in Contract Management
- Course Recap, Q&A
Price: £4500.00
Training Details
| Place | Start Date | End Date | Number of Days | Action |
|---|---|---|---|---|
| London | Sunday 8 December 2024 | Thursday 12 December 2024 | 5 days | |
| Edinburgh | Sunday 15 December 2024 | Thursday 19 December 2024 | 5 days | |
| London | Sunday 22 December 2024 | Thursday 26 December 2024 | 5 days | |
| London | Sunday 29 December 2024 | Friday 3 January 2025 | 6 days | |
| London | Sunday 5 January 2025 | Thursday 9 January 2025 | 5 days | |
| London | Sunday 12 January 2025 | Thursday 16 January 2025 | 5 days | |
| London | Sunday 19 January 2025 | Thursday 23 January 2025 | 5 days | |
| Frankfurt | Sunday 26 January 2025 | Thursday 30 January 2025 | 5 days | |
| Paris | Sunday 2 February 2025 | Thursday 6 February 2025 | 5 days | |
| Paris | Sunday 9 February 2025 | Thursday 13 February 2025 | 5 days | |
| Lisbon | Sunday 16 February 2025 | Thursday 20 February 2025 | 5 days | |
| Lisbon | Sunday 23 February 2025 | Thursday 27 February 2025 | 5 days | |
| Madrid | Sunday 2 March 2025 | Thursday 6 March 2025 | 5 days | |
| Madrid | Sunday 9 March 2025 | Thursday 13 March 2025 | 5 days | |
| Barcelona | Sunday 16 March 2025 | Thursday 20 March 2025 | 5 days | |
| Barcelona | Sunday 23 March 2025 | Thursday 27 March 2025 | 5 days | |
| Zurich | Sunday 30 March 2025 | Thursday 3 April 2025 | 5 days | |
| Zurich | Sunday 6 April 2025 | Thursday 10 April 2025 | 5 days |