Expand their knowledge of key contract management concepts, contractual processes, good practices and issues
Improve managerial approaches to contract management and build essential skills to effectively and efficiently deliver contract outcomes
Focus on the delivery of measurable organizational value in every contract, every time
Identify and mitigate contract risk factors and associated commercial implications Understand different types of contractual relationships and select an effective contracting strategy
Appreciate stakeholder management principles and select an effective stakeholder management approach to help manage relationships, while ensuring they deliver what promised
Identify necessary pre-contract activities, including accurate assessment and articulation of business requirements, tendering, tender evaluations and supplier selection
Apply hands-on skills for every contract stage and consider what it takes to perform the key tasks involved throughout the contract life cycle
Apply some “tricks of the trade” in negotiation, procurement and contract management
Apply basic project planning, scheduling and budgeting techniques to establish effective contract baselines
Review robust contract management documents that will survive tough audits Develop strategies for effective project execution, monitoring and control
Explore how to manage contracts that don’t go as planned and lead to disputes, poor performance, variations to plan and, if it comes to it, premature contract terminations
Immediately implement steps needed to maximize contract value
Who Should Attend?
Professionals from all industries who need to advance their skills in contract management
Personnel at all levels who deal with vendors and contractors, and are interested in maximizing the value of contract expenditure
Personnel from project teams, planning departments, process improvement teams, contracting teams, internal audit personnel, risk and / or contract strategists