The Contract Management course encompasses the following topics:
- Introduction to Contract Management
- Principles of contract law
- The nine stages of the contract management lifecycle
- Creating strong procurement contracts
- Standard terms and conditions for goods and/or services
- Special terms and conditions and essential clauses
- Key concepts in contracts and associated legal considerations
- The scope and features of effective contract management
- Specification writing
- Exiting, changing, and migrating contracts
- Managing contract extensions and allowable price increases
- Establishing a change control regime
- Principles and process of contract negotiation
- Models and processes of negotiation
- Negotiating in a purchaser/supplier relationship
- Planning and managing a negotiation with a supplier
- Identifying and negotiating key contract variables
- Reaching a win-win agreement
- Contract risk assessment and management techniques
- Understanding risks that affect contracts
- Contract risk analysis
- Developing robust contracts to mitigate risk
- Managing risk throughout the contract
- Managing an exit strategy and risk mitigation in the event of contractor failure/default
- Managing relationships and performance
- Importance of collaboration
- Key stakeholder management
- Setting agreed service levels
- Improving contract performance
- Managing contract closeout
Reasons to choose London Corporate Training:
- Extensive experience: Over 25,000 delegates trained from nearly 500 client organizations.
- Highly qualified trainers: Expert trainers with vast experience, providing a tailored learning experience.
- Endorsements: Endorsed by various organizational and subject-specific accrediting bodies.