Managing the Contract Life Cycle
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Deliver contract outcomes whilst minimising risk.
The contracting of services to other providers means that management responsibilities are increasingly widespread. No longer is a single person or business unit responsible for delivering specific organizational goals; professionals from cross-organisations may have a role to play.
Structured to offer a balance of strategic and operational considerations, Contract Management Essentials will provide you with the crucial knowledge and skills required to effectively deliver contract outcomes while minimising contract risk exposure. It will outline the tools, techniques and principles of a systematic approach to the contract management process, allowing you to efficiently and consistently achieve objectives.
What will you learn?
- Outline the key principles of contract management
- Critically evaluate various contract management approaches to find the most applicable to your organisation
- Manage disputes, underperforming suppliers, variations and premature terminations
- Design a comprehensive Contract Management Plan to manage stakeholders' expectations, allocate resources, mitigate risks and ensure transparent relationship
Who should attend
Managers, team leaders, and professionals who are involved in any phase of procurement, contract management or administration.