Course description
Contract Management
Upcoming start dates
Choose between 6 start dates
Training Course Content
This Contract Management course will cover:
Introduction to Contract Management
- Principles of contract law
- The nines stage of the contract management lifecycle
- Forming and creating robust 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 good contract management
- Specification writing
- Exiting, changing and migrating contracts
- Managing contract extensions and any allowable price increases
- Establishing a change control regime
The Principles and Process of Contract Negotiation
- The main models and processes of negotiation
- Negotiating in a purchaser/supplier relationship
- Plan and manage a negotiation with a supplier
- Identify and negotiate key contract variables
- Reaching a win-win agreement
Contract Risk Assessment and Management Techniques
- Understanding the various risks that affect all contracts
- Contract risk analysis
- Develop robust contracts with a focus on mitigating risk
- Managing risk through the contract
- Managing an exit strategy and risk mitigation in event of contractor failure/default
Managing Relationships and Performance
- The importance of collaboration
- Key stakeholder management
- Setting agreed service levels
- Improving contract performance
- Managing contract closeout
Why choose LCT International
We have trained over 25,000 delegates from almost 500 client organisations
Highly qualified and experienced trainers who offer a unique learning experience tailored to you
Endorsed by various organisational and subject specific accrediting bodies
Reviews
Average rating 5
Based on 14 reviews.
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14 Sep 2021
The best course I attended outside of Kuwait.
07 Sep 2021
The best course I attended outside of Kuwait.
The best course I attended outside of Kuwait.
05 May 2021
All perfect!
All perfect!
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LCT International
London Corporate Training
3 Shortlands, Hammersmith
W6 8DA London
LCT International - High value, high impact training programmes delivered globally to teams and individuals For almost 30 years we have delivered tangible improvements to organisations by enabling their leaders, managers and professionals to reach their full potential through transformational...
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The best course I attended outside of Kuwait.