Location

Duration

Date

Fee inclusive of VAT

Course Overview

This advanced course provides an in-depth exploration of contracts management, tailored for professionals seeking to excel in complex contractual environments. It equips participants with expert-level knowledge in contract administration, negotiation, compliance, legal frameworks, and performance management. Ideal for senior professionals, the course enhances strategic oversight and operational execution of contracts in high-stakes settings.

Course Objective

Develop expertise in advanced contract lifecycle and administration techniques
Apply strategic negotiation and conflict resolution skills
Implement risk mitigation and ethical compliance in contract execution
Manage contractor performance through effective metrics and improvement strategies
Integrate digital tools and data analytics in contract management processes

Who Should Attend?

Senior Contract Managers
Legal Professionals in Contracting
Procurement and Supply Chain Managers
Project Managers involved in Contracting

Course Outline

1. Advanced Contract Administration

Contract Lifecycle Management
Techniques for Efficient Administration
Enhancing Contract Management Effectiveness

2. Strategic Contract Negotiation

Negotiation Strategies and Tactics
Power Dynamics in Negotiation
Achieving Mutually Beneficial Outcomes

3. Legal Aspects of Contract Management

Fundamentals of Contract Law
Understanding Legal Rights and Obligations
Managing Disputes and Litigation

4. Compliance and Ethical Practices

Navigating Regulatory Frameworks
Upholding Ethical Standards in Contracting
Handling Ethical Dilemmas

5. Risk Management in Contracting

Identifying and Assessing Risks
Risk Mitigation and Control Measures
Contractual Risk Allocation Strategies

6. Contract Performance Management

Establishing KPIs and Metrics
Monitoring Contractor Performance
Driving Continuous Improvement

7. Technological Advancements in Contract Management

Digital Tools and Platforms
Using Data Analytics for Insights
Exploring Innovative Management Solutions

8. Case Studies and Practical Applications

Analyzing Real-World Challenges
Applying Best Practice Solutions
Reflective Learning from Industry Cases

Training Methodology

The course combines various teaching methods, including instructor-led presentations, group discussions, case study analyses, and assessments through quizzes and a final exam to engage participants and ensure they understand and retain the material.

Terms & Conditions

ACTrain reserves the right to alter the Course Schedule without Prior Notification, Fees Quoted are Subject to Terms & Conditions Outlined in ACTrain's Registration Policy

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