Strategic Contract Management - up to Award

CP Training Consortium

Course

In London

£ 2,690 + VAT

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Description

  • Type

    Course

  • Location

    London

  • Class hours

    8h

  • Duration

    5 Days

How to develop a Contract Strategy

This Contract Management course teaches individuals the basics of managing and understanding contracts. Participants of this five day contract management course will develop skills that will allow participants to receive the best contract. This course focuses on the seven critical success factors. Participants will develop an understanding of how the legal part of a contract can be used to gain the advantage during negotiation. Practice negotiating and closing contracts. Learn how to manage a contract when it starts going wrong. Upon completion of this course, participants will have a general understanding of contract management and will be able to effectively use that knowledge to gain the best contract available.

Facilities

Location

Start date

London
See map
Portland House, Bressenden Place, London Victoria, SW1E 5RS

Start date

On request

About this course

None

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Reviews

Subjects

  • Management
  • Basic Contract Management experience
  • Basic Strategic Management
  • Negotiation Skills

Teachers and trainers (1)

Stephen Booy

Stephen Booy

Managing Director/Senior Trainer

Course programme

The course provides participants with:
  • the ability to set up and execute contracts and to manage ongoing contractual relationships
  • tools and techniques for application at every stage of the process using a 'cradle to grave' methodology for contract building
  • an understandable and enduring framework based on 7 Critical Success Factors.

It will enable participants to:
  • understand the generic contracting and procurement Total Cost of Ownership model and how it should be applied
  • have an improved understanding of who does what, and how teamwork will produce the desired results
  • recognise the true commercial interface and maximise the opportunities whilst minimising the risks
  • understand the various types of contract and place these in a hierarchy which is applicable to participants' Operating Units
  • prepare, tender (or negotiate), and evaluate contracts, ready to award
  • have an overview of the legal aspects of contracts and how these might be used to advantage
  • recognise committed contractors and ensure that contractors' performance fulfils the contract requirements
  • know what to do when, or if, the contract starts to go wrong
  • effectively handle claims and variations
  • complete the contract finalisation and close-out documentation.
Contracts are easy to manage if they are appropriate for the circumstances and are being delivered by the right contractor. Get those two things right and the contract can run smoothly - get them wrong and it can't.

Testimonial from a satisfied participant

"Although I have several years experience in this field I learnt a lot - a great course!"

See related categories

Strategic Contract Management - up to Award

£ 2,690 + VAT

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