Contract Management

Short course

In London

£ 840 + VAT

Description

  • Type

    Short course

  • Location

    London

This course will enable buyers to effectively manage both the contract and the customer-supplier relationship within a defined contract strategy.

Facilities

Location

Start date

London
See map
3-5 Crutched Friars, EC3N 2HR

Start date

On request

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Course programme

Course contentContract Management
  • What is contract management?
  • What skills does an effective contract manager require?
Contractual Terms
  • What are they and what do they really mean?
Contract Management Strategy
  • Understanding the requirements; understanding the market; the European Journal; compiling the strategy; assessing milestones.
Specifications
  • The importance of getting them right; who to involve in the process and why; the amount of detail required.
Tendering
  • Open v closed tendering processes; pre-qualification of tenders; theITTprocess.
Supplier Evaluation
  • Quality and commercial assessment; supplier rating model; visits and discussions; trials and demonstrations.
Financial Considerations
  • Business entities; profit & loss accounts; balance sheets; interpreting accounts using accounting ratios.
Managing the Relationship
  • The impact of power and influence; importance of assertiveness; understanding personality and behavioural impacts; probity.
Contract Letting
  • The process; the contract document.
Managing the Contract
  • Handling variations; handling conflict; resolving disputes; reviewing the contract.
Action Plan
  • Participants plan and discuss what they will do on return to work.

Contract Management

£ 840 + VAT