Contract Management - Clarionttech
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Contract Management

It is easy to overlook the importance of contract management because it seems to be a boring, mundane topic. Contracts, however, are the basis of most business relationships. If contracts are managed well, business relationships will flourish. If they are not, companies face financial loss, relationship harm, and damaged reputations.

With our course Participants will learn the insides and outs of Contract Management. Contracts are made with vendors, employees, customers, partnerships, and these agreements must be managed carefully. In order to effectively implement Contract Management it is necessary to understand all the small details, and that is what you get with this workshop.

Course Objectives

By the end of this one-day training course, the participants will have:

Ability to apply effective contracting strategies to maximize results and minimize risk
Ability to manage a contract life cycle properly
Ability to select the most qualified vendors
Ability to orchestrate the negotiation process for “win-win” outcomes
Ability to achieve the delivery of intended objectives and successful contract closure.

CURRICULUM

  • Training Objectives

  • What is Contract Management?
  • Contract Types
  • Contract Elements
  • Risks of Poor Contract Management
  • Case Study

  • Contract Law I
  • Contract Law II
  • Defining Ethical Contract Management
  • Ethical Breaches
  • Case Study

  • Choosing Potential Bidders
  • RFPs and Technology
  • Calculating Value
  • Making a Choice
  • Case Study

  • Templates and Software
  • Compliance
  • Wording
  • Risks of Noncompliance
  • Case Study

  • Be Prepared
  • Prioritize Terms
  • Remain Professional
  • Execute the Contract
  • Case Study

  • What Performance Can Be Assessed
  • Creating Metrics
  • Measuring Performance
  • Improving Performance
  • Case Study

  • Qualities of Effective Relationships
  • Relationship Pitfalls
  • Building Trust
  • Maintaining Relationships
  • Case Study

  • Redlines and Strikeouts
  • Replacing Clauses
  • Describing Amendments
  • Amendment Status
  • Case Study

  • Why Audit?
  • Plan
  • Establishing Procedures
  • Investigate and Report
  • Case Study

  • Involve Stakeholders
  • Review
  • Check for Accuracy and Changes
  • Update or Cancel
  • Case Study

  • Words From The Wise
  • Course Curriculum

    Module 00:00:00

    Course Reviews

    4.9

    4.9
    8 ratings
    • 5 stars7
    • 4 stars1
    • 3 stars0
    • 2 stars0
    • 1 stars0
    1. Good

      5

      I enjoyed the content. It was educating.

    2. Insightful

      5

      A very insightful and detailed course to read

    3. Contract Management

      5

      The course has made me aware of certain things when going into a contract.

    4. 4

      Very insightful course. A lot of things I’ve been taking for granted while signing contracts will be considered, moving forward. Thank you Clarionttech for this golden opportunity.

    5. CONTRACT MANAGEMENT

      5

      An all inclusive preliminary package of Contract Management from the point of Getting Started to Renewal of Contract. A course for any professional in Supply Chain Management to undertake and build their career. I will certainly recommend this course to others.

    6. 5

      It gives expositions on contract management from start to finish

    7. Top Notch

      5

      This course does exceed my expectations, is robust and succinct. An eye opener to the world of Contract Management. Take this course and you will never regret your decision.

    8. 5

      Very interesting and mind unraveling course

    TAKE THIS COURSE
    • 29,999.00 9,999.00
    • 180 Days

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