Contract Management Course & Certification

Name: Contract Management Certification Training
Brand: The Knowledge Academy
Rating: 4.9 (38503 reviews)

Contract Management Certification Training - United Kingdom

Course Information

Contract Management Course Outline

Module 1: Role and Value of Procurement Contracts

Definitions
Relationships
Importance

Module 2: Creation of a Procurement Contract

Agreement
Consideration
Intent

Module 3: People and Authority

Principles
Agent
Third Parties
Privacy

Module 4: Legal Concepts of Procurement Contract

Framework
Key Components

Module 5: Procurement Contract Construction

Essential Clauses
Misrepresentation
Breach
Damages
Exemption Clauses

Module 6: Managing the Procurement Contract

Vitiation
Mistakes
Mispresentation
Discharging a Contract

Module 7: Procurement Contract in Context

Strategy
Process
Methods
Tendering Process
Evaluation

Module 8: Procurement Strategy

Principles
Risk
Costing Models
Supply Chains
Intellectual Property Rights

Module 9: Solicitation

Planning
Source Selection
Administration
Documentation
Closure

Who should attend this Contract Management Training Course?

The Contract Management Course is designed for professionals seeking to master the intricacies of Contract Management processes and gain a recognised certification in the field. This course is essential for individuals involved in procurement, vendor management, legal, and project management roles. The following professionals will benefit from this training:

Contract Managers
Project Managers
Legal Counsel and In-house Counsel
Purchasing Managers
Risk Managers
Vendor and Supplier Relationship Managers
Compliance Officers

Prerequisites of the Contract Management Training Course

There are no formal prerequisites for this Contract Management Course. However, a basic understanding of the Contract Management process can be beneficial for the delegates.

Contract Management Training Course Overview

Contract management is a crucial aspect of modern business operations, involving the effective management of contracts to maximise operational and financial performance and minimise risk. This discipline is increasingly relevant in today's fast-paced business environment, where contracts govern a significant portion of business transactions and partnerships.

Understanding Contract Management is vital for professionals who deal with contracts regularly, such as Project Managers, Procurement Officers, and Legal Advisors. Mastery of this subject ensures that contractual obligations are met effectively, risks are managed efficiently, and the organisation’s interests are safeguarded, making it an essential skill set in various business sectors.

The Knowledge Academy's 2-day Contract Management Course is designed to equip delegates with practical skills and knowledge for effective Contract Management. Through this course, participants will learn key principles, techniques, and best practices for managing contracts, ensuring they can handle real-world challenges confidently.

Course Objectives:

To understand the fundamentals of Contract Management and its impact on business operations
To recognise the stages of the contract lifecycle from initiation to conclusion and beyond
To develop skills for negotiating contracts that align with organisational goals and compliance standards
To identify common pitfalls in Contract Management and strategies to avoid them
To gain insight into the legal principles that underpin contract management and enforcement
To enhance decision-making abilities regarding contract variations and dispute resolutions

Upon completion of this course, delegates will not only have refined their skills in managing contracts but also gained an invaluable edge in the competitive business landscape, ensuring they can contribute to their organisation’s success with confidence and expertise.

What’s included in this Contract Management Training Course?

Contract Management Examination
World-Class Training Sessions from Experienced Instructors
Contract Management Certificate
Digital Delegate Pack

Contract Management Certification Training Exam Information

To achieve the Contract Management Certification Training, candidates will need to sit for an examination. The exam format is as follows:

Question Type: Multiple Choice
Total Questions: 30
Total Marks: 30 Marks
Pass Mark: 50%, or 15/30 Marks
Duration: 60 Minutes

Why choose us

Ways to take this course

Our easy to use Virtual platform allows you to sit the course from home with a live instructor. You will follow the same schedule as the classroom course, and will be able to interact with the trainer and other delegates.

Learn more in our FAQs

Our fully interactive online training platform is compatible across all devices and can be accessed from anywhere, at any time. All our online courses come with a standard 90 days access that can be extended upon request. Our expert trainers are constantly on hand to help you with any questions which may arise.

Learn more in our FAQs

This is our most popular style of learning. We run courses in 1200 locations, across 200 countries in one of our hand-picked training venues, providing the all important ‘human touch’ which may be missed in other learning styles.

Highly experienced trainers

All our trainers are highly qualified, have 10+ years of real-world experience and will provide you with an engaging learning experience.

State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

Small class sizes

We limit our class sizes to promote better discussion and ensuring everyone has a personalized experience

Great value for money

Get more bang for your buck! If you find your chosen course cheaper elsewhere, we’ll match it!

Learn more in our FAQs

This is the same great training as our classroom learning but carried out at your own business premises. This is the perfect option for larger scale training requirements and means less time away from the office.

Tailored learning experience

Our courses can be adapted to meet your individual project or business requirements regardless of scope.

Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

Team building opportunity

This gives your team a great opportunity to come together, bond, and discuss, which you may not get in a standard classroom setting.

Monitor employees progress

Keep track of your employees’ progression and performance in your own workspace.

Learn more in our FAQs

What our customers are saying

The training is informative and interactive.

Ma Andria B. de Vera

I have had an experience of understanding this contract management course through Mr Pau Richard with The knowledge academy . The course contents are considerably interactive and fully informative for any learner . However , I would have personally liked the pace of the course a bit slow. Had it been for at least 4 days , it would give more clarity and deep understanding since the length of the course is a bit longer . Kuwar chand India

Kuwar

Fantastic knowledge of the subject and well presented.

Joe Stewart

Contract Management Certification Training FAQs

What is Contract Management Course?

Training in Contract Management teaches professionals how to effectively manage contracts. It covers a wide range of topics, including contract drafting and negotiation, contract performance management, and contract dispute resolution.

What is Contract Management software?

Contract Management software is a specialised tool that simplifies and automates the Contract Management process for businesses. Its primary functions include creating, negotiating, renewing, and collecting data on existing contracts.

Why is Contract Management needed?

Effective Contract Management is crucial in today's business landscape as it plays a vital role in preventing disputes, optimising costs, and maximising the value derived from products and services. By implementing efficient Contract Management practices, businesses can streamline operations, automate processes, enhance productivity, minimise errors, and exercise better control over expenditures.

What is the best qualification for a Contract Manager?

The best qualification for a Contract Manager typically includes a bachelor's degree in business, law, or a related field. Additionally, certifications such as Certified Professional Contract Manager (CPCM) can be useful.

What are the benefits of Contract Management Course?

A Contract Management Course offers numerous advantages beyond simply advancing one's career. It enables individuals to acquire valuable skills and extensive expertise in Contract Management practices, stay updated on the latest industry developments, access broader career prospects, enhance negotiation and communication abilities, and gain industry recognition.

Is there a Contract Management examination?

Yes, there is a Contract Management examination.

How experienced are Contract Management Trainers?

All our Contract Management instructors are certified.

Do I need any prior qualification to attend Contract Management Course?

No, you do not need any prior qualifications to attend this course.

Where can I attend this Contract Management Course?

The Knowledge Academy provides this course in a variety of locations all over the globe.

What skills does a Contract Manager need?

To be successful, Contract Managers need a combination of technical and soft skills. Technical skills include knowledge of contract law, principles of contract negotiation, and risk management practices. Soft skills include communication, interpersonal, and problem-solving skills.

What is the cost/training fees for Contract Management Certification Training certification in the United Kingdom?

The price for Contract Management Certification Training certification in the United Kingdom starts from £1795

Which is the best training institute/provider of Contract Management Certification Training in the United Kingdom?

The Knowledge Academy is the Leading global training provider for Contract Management Certification Training.

What are the best Contract Management Training courses in the United Kingdom?

Please see our Contract Management Training courses available in the United Kingdom

Why choose us

Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

Many delivery methods

Flexible delivery methods are available depending on your learning style.

High quality resources

Resources are included for a comprehensive learning experience.

"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water