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What a Contract Management Course Entails

A contract management course is usually designed to help professionals learn how to solicit commercial and other contracts, award contracts and manage them. Such training courses trace the path of the contracting life cycle, from procurement to requirements definition and up to the completion of the contract. A good contract management course is tailored to make delegates well-versed in the major areas of competency that are required to manage commercial contracts successfully, as well as manage the acquisition workforce.

Professional Development Through Contract Management Courses

Within the area of contract management, there are a number of topics and modules that can be explored in greater depth. During courses that teach commercial contract administration for instance, participants gain practical advice and knowledge of handling the vital responsibilities of administrating contracts and dealing with challenges and problems that can crop up during a life cycle of the contract.

Candidates can also learn how to select the right type of contract for the project, decipher legalese, make revisions and negotiate terms that are favourable, apply the rules of interpretation of contracts to disputes, recognise when to terminate a contract and other relevant skills. Delegates may also learn the importance of documentation and records and files to keep, to help support their organisational mission and business goals.

Why Attend a Contract Management Course?

There is a great scope of value addition and professional development possible through commercial contract management courses. There are a variety of specially tailored courses that participants can choose from. These include modules on selecting vendors, federal contract management courses, advanced courses that follow up where beginner courses left off, contract law, contract pricing, disputes, termination and other contract processes that can be looked at in-depth.

Study Modes Available

Contract management courses can be attended and completed in many ways, from public training to company-specific in-house training to online and distance learning. Online courses, scheduled training and corporate courses are available to individuals and organisations from the UK and abroad.

Working professionals will benefit from quality online training that is affordable and allows flexibility to train as they work. Scheduled training courses may be more rigorous, and are suitable for participants that have the time to attend them. Corporate training courses can benefit the employees of an organisation and can be seamlessly merged in with the work schedule at the workplace. All of these study modes award participants with an extremely valuable tool, the professional expertise and motivation to further their careers in their chosen fields.

Contract management courses are available for those starting out in the industry as well as for the professional looking to stay abreast of the latest developments.

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Case Study
Strengthening procurement across...

CIPS Corporate Academy for Aerospace and Defence has helped BAE Systems create a new generation of procurement professionals ready to reshape the way the company approaches purchasing, providing:

  • raised professional procurement standards across a whole sector;
  • £200,000 saved in delegate fees to date;
  • reduced time away from the office for training;
  • decreased project management costs.
Find out more
Procurement & Supply Chain Training
CP Training Consortium

Training programmes cover most aspects of Supply Chain Management, Procurement and Purchasing, Inventory, Contract Management, Logistics, Transport and Materials Storage and Handling.

Read more

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