Contract Management

  • Duration: 2 Days
  • Students: Max 10
  • Skill Level: Beginner To Advance
  • Language: English/Arabic

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Contract Management

Course Overview

The Contract Management course teaches individuals how to effectively manage contracts throughout the contract lifecycle. It covers topics such as contract negotiation, contract administration, contract compliance, and contract closeout. The course also teaches participants how to identify and manage contract risks, understand legal and regulatory requirements, and communicate effectively with stakeholders. Whether you're a contract manager, procurement professional, or working in a related field, this course will provide you with the skills and knowledge you need to effectively manage contracts and ensure successful contract outcomes.

Contract Management Course Outline

    1.   Introduction to Contract Management

  • Contract types and elements
  • Understanding the basics of contract management
  • Risks and challenges in contract management
  • 2.   Pre-Contract Activities

  • Contract planning and development
  • Contract negotiation and drafting
  • Legal considerations
  • 3.   Contract Execution

  • Contract approval and signing
  • Contract implementation and monitoring
  • Performance measurement and reporting
  • 4.   Contract Closeout

  • Contract termination and completion
  • Post-award evaluation and lessons learned
  • Contract renewal and extension
  • 5.   Contract Management Tools and Technologies

  • Contract management software and tools
  • Contract data and analytics
  • Automation and digital transformation
  • 6.   Ethics and Compliance in Contract Management

  • Principles of ethical conduct in contracting
  • Contract compliance and monitoring
  • Legal and regulatory requirements
  • 7.   Advanced Contract Management

  • Complex and strategic contracts
  • International contract management
  • Outsourcing and vendor management