This Contract Management course will include the following topics:

• Introduction to Contract Management
• Principles of contract law
• The nine stages of the contract management lifecycle
• Developing robust procurement contracts
• Standard terms and conditions for goods and/or services
• Special terms and conditions and essential clauses
• Key concepts in contracts and relevant legal considerations
• The scope and features of effective contract management
• Writing specifications
• Exiting, changing, and migrating contracts
• Managing contract extensions and permissible price increases
• Establishing a change control regime
• The Principles and Process of Contract Negotiation
• Major negotiation models and processes
• Negotiating in a buyer/supplier relationship
• Planning and managing a negotiation with a supplier
• Identifying and negotiating key contract variables
• Achieving win-win agreements
• Contract Risk Assessment and Management Techniques
• Understanding the various risks that impact contracts
• Analyzing contract risks
• Developing strong contracts with a focus on risk mitigation
• Managing risk throughout the contract duration
• Managing an exit strategy and mitigating risk in case of contractor failure/default
• Managing Relationships and Performance
• The importance of collaboration
• Key stakeholder management
• Establishing agreed service levels
• Enhancing contract performance
• Managing contract closeout

Reasons to choose London Corporate Training:

• We have trained over 25,000 delegates from nearly 500 client organizations.
• Our trainers are highly qualified and experienced, providing a unique tailored learning experience.
• Our training programs are endorsed by various organizational and subject-specific accrediting bodies.