Contract Management Essentials - Learn how to manage your contracts

Contract Management Essentials

Raise your understanding of the end-to-end contract cycle.

This intensive workshop explores the contract's lifecycle, the responsibilities of key stakeholders within the lifecycle and strategies for effective contract management.

1 DAY COURSE

LEARNING OUTCOMES

Our practical one-day course will equip you with the knowledge and tools to:

• Describe the key components of a contract and the contract management lifecycle.
• Describe the role of the contract manager and the key relationships required to be successful in the role.
• Translate the contract intent into a practical plan to realise contractual deliverables.
• Develop an appropriate plan to manage contract variations.
• Develop and manage a contract management plan appropriate for the contract.

BENEFITS OF ATTENDING

• Increased confidence and more appreciation of the role of the contract manager.
• More effective understanding of the tools used for contract management, including the contract management plan.
• Lowers the likelihood of poor contract management causing risk, waste and/or loss for the organisation.

COURSE OVERVIEW

1 - The contract lifecycle

2 - Reading the contract

3 - Role of the contract manager

4 - The kick off meeting

5 - Managing performance

6 - Developing KPIs

7 - Managing performance review

8 - Reviewing and closing out contracts

9 - Developing contract management plans

AUDIENCE

This workshop will be of benefit to those who are responsible for achieving outcomes from suppliers, contractors and service providers and procurement practitioners whose role involves them managing contracts.