Location

Duration

Date

Fee inclusive of VAT

Course Overview

This advanced program is tailored for seasoned professionals tasked with overseeing complex contracts. It focuses on embedding strategic thinking into contract lifecycle management, enabling participants to optimize contract value, ensure compliance, and mitigate risks. The course supports professionals who seek to elevate their role from administrative execution to strategic influence within their organizations.

Course Objective

Develop and apply strategic approaches to contract planning and execution
Master contract performance monitoring and evaluation techniques
Strengthen capabilities in identifying and mitigating contractual risks
Ensure regulatory compliance and manage legal obligations effectively
Leverage technology and data analytics for smarter contract management

Who Should Attend?

Senior Contract Managers
Legal and Procurement Professionals
Project Managers in Contractual Roles
Risk and Compliance Officers

Course Outline

Module 1: Strategic Contract Planning

Developing contract strategies
Aligning contracts with business objectives
Effective contract design and structure

Module 2: Contract Execution and Oversight

Implementing contracts effectively
Managing contract performance
Building strong contractor relationships

Module 3: Risk Management in Contracts

Identifying and assessing risks
Contingency planning and risk mitigation
Balancing contractual risk and reward

Module 4: Compliance and Legal Considerations

Navigating legal frameworks in contracts
Understanding regulatory requirements
Managing contractual rights and obligations

Module 5: Contract Analysis and Reporting

Extracting insights from contract data
Performance reporting techniques
Driving improvements in contract processes

Module 6: Negotiation and Conflict Resolution

Applying advanced negotiation strategies
Managing disputes in contractual relationships
Creating win-win outcomes

Module 7: Technology in Strategic Contract Management

Utilizing digital tools for contract management
Applying data analytics to contracting
Exploring innovative technologies

Module 8: Case Studies and Practical Applications

Reviewing real-world strategic contract examples
Identifying common challenges and solutions
Analyzing best practices in contract management

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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Strategic Contract Management

ME186