Contracts Management
Training
In Mumbai
Description
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Type
Training
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Level
Advanced
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Location
Mumbai
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Duration
5 Days
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Start date
Different dates available
Formulating business needs, defining and planning projects, selecting providers, negotiating contracts and subsequent management of project delivery demands detailed understanding and astute management skills to minimise risks and maximise organisational value. Contract failures can be time consuming, disruptive and very costly.
This 3CCC highly intensive Strategic Contract Management training course will look at a number of advanced concepts in Contract Management that will enable the participants to deal with the ever-changing business environment and to apply a proven systematic approach to the contract management process, facilitating effective and efficient achievement of business objectives.
Participants on the Strategic Contract Management training course will develop the following competencies:
¬ Effective Management of Contract Stakeholders
¬ Strategic procurement planning and development of acquisition strategy
¬ Value Based Procurement
¬ Contract Negotiation
¬ Contract Risk Management
¬ Supplier Relationship Management
¬ Basic Project Management
¬ Contract Monitoring and Control
Claims Settlement
The 3CCC training course does not aim to provide a comprehensive coverage of the legal aspects of contracts. It will briefly address the basic concepts from Contract Law that every professional should be aware of and focus on the organisational processes and relationship management issues confronted by contract professionals.
Facilities
Location
Start date
Start date
About this course
The Strategic Contract Management training course is designed to equip the participants with enhanced contract management knowledge and skills. As a result of attending this 3CCC training course, the participants will be able to:
4 Expand their knowledge of key contract management concepts, contractual processes, good practices and issues
5 Improve managerial approaches to contract management and build essential skills to effectively and efficiently deliver contract outcomes
6 Focus on the delivery of measurable organisational value in every contract, every time
7 Identify and mitigate contract risk factors and associated commercial implications
8 Understand different types of contractual relationships and select an effective contracting strategy
9 Appreciate stakeholder management principles and select an effective stakeholder management approach to help manage relationships, while ensuring they deliver what promised
10 Identify necessary pre-contract activities, including accurate assessment and articulation of business requirements, tendering, tender evaluations and supplier selection
11 Apply hands-on skills for every contract stage and consider what it takes to perform the key tasks involved throughout the contract life cycle
12 Apply some “tricks of the trade” in negotiation, procurement and contract management
13 Apply basic project planning, scheduling and budgeting techniques to establish effective contract baselines
14 Review robust contract management documents that will survive tough audits
15 Develop strategies for effective project execution, monitoring and control
This 3CCC Strategic Contract Management training course would be particularly suitable for:
1 Professionals from all industries who need to advance their skills in contract management
2 Personnel at all levels who deal with vendors and contractors, and are interested in maximising the value of contract expenditure
3. Personnel from project teams, planning departments, process improvement teams, contracting teams, internal audit personnel, risk and / or contract strategists
Structured to offer a balance of strategic and operational considerations, Strategic Contract Management provides participants with the essential knowledge and skills required to effectively and efficiently deliver contract outcomes while minimising risk exposure. It outlines the tools, techniques and principles of a systematic approach to the contract management processes, facilitating methodical, efficient and consistent achievement of business objectives.
Participants will take away a comprehensive set of notes, including templates, tools, check-lists and case studies.
This 3CCC Strategic Contract Management training course would be particularly suitable for:
1 Professionals from all industries who need to advance their skills in contract management
2 Personnel at all levels who deal with vendors and contractors, and are interested in maximising the value of contract expenditure
Highly cognisant of different learning styles, this Strategic Contract Management training course combines high level of delegate interaction with conventional lecture style and practical exercises, case studies, group discussions and real-life examples. Delegates are encouraged to contribute their own experiences for discussion and debate which facilitates exchange and enhancement of delegates’ knowledge and skills from a variety of industries.
Our In-House courses can be designed for your specific needs. Training material such as case studies and role plays can be tailored to a specific industry or industry sector and courses can be pitched at different levels, depending on the experience and seniority of those attending. This tailoring allows for customization or corporate learning outcomes and is therefore more focused and can potentially shorten training.
Whatever training and development you need, we can design a bespoke solution for you or alternatively you can select one of our existing public courses to be run on-site.
Our In-House courses can be designed for your specific needs. Training material such as case studies and role plays can be tailored to a specific industry or industry sector and courses can be pitched at different levels, depending on the experience and seniority of those attending. This tailoring allows for customization or corporate learning outcomes and is therefore more focused and can potentially shorten training.
Whatever training and development you need, we can design a bespoke solution for you or alternatively you can select one of our existing public courses to be run on-site.
Highly cognisant of different learning styles, this Strategic Contract Management training course combines high level of delegate interaction with conventional lecture style and practical exercises, case studies, group discussions and real-life examples. Delegates are encouraged to contribute their own experiences for discussion and debate which facilitates exchange and enhancement of delegates’ knowledge and skills from a variety of industries.
Reviews
Subjects
- Contracts
- Management
- Business
- Project
- Management Training
- Planning
- Basic
- Business IT
- IT Management
- Procurement and Tendering
- Conracts Administration
- Claims Management
- FIDIC LAWS
Teachers and trainers (1)
RASHID HUSSAIN
LEAD TUTOR
SENIOR MANAGEMENT PROFESSIONAL-Training Consultant in Contracts Management Specialisation Proficient in running successful method-oriented Project Management/ Contract Operations and taking initiatives for business excellence. CORE COMPETENCIES Training Consultant Project Management Contract Management Resource Management Techno-commercial Operations New Business Development Strategy Formulation Quality & Safety Operations Compliance Management Team Building & Leadership
Course programme
Contract management is the process that enables both parties to a contract to meet their obligations in order to deliver the objectives required from the contract. It also involves building a good working relationship between the customer and the service provider. It continues throughout the life of a contract and involves managing proactively to anticipate future needs as well as reacting to situations that arise.
One of the key aims of contract management is to obtain the services as agreed in the contract and achieve value for money. This means optimising the efficiency, effectiveness and economy of the service or relationship described by the contract, balancing costs against risks and actively managing the customer and service provider relationship. Contract management may also involve aiming for continuous improvement in performance over the life of the contract.
Additional information
Contracts Management