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 Contract Management regards the administration of contracts between businesses and their stakeholders, for the purpose of maximising benefits and minimising financial risks. Contract Management covers the entire period of the contract, from the start of an agreed term between two companies when plans are being created, right through to very end of the contract during the productivity evaluation, to ensure all parties fulfill their obligations for the duration of the contract.

 Sufficient management of contracts also ensures that your businesss objectives are achieved and potential risks can be negotiated prior to issues arising during the contract term. Successful Contract Management practice can generate closer relationships with business partners and providers, which in turn produces increased value and benefits, as the contract is deriving the best aspects from all parties.

 Essentially, Contract Management training by Green Skills academy ensures that contracting processes are conducted efficiently, professionally, and in a legally binding manner.

Curriculum Applied By NSDC Certification

Course Description

 This course is designed to cover the fundamentals of Contract Management, execution challenges during contract implementation explaining how to enforce contracts within the boundaries of legal scrutiny including a techno legal perspective of contracts and rules for negotiating and settling contractual disputes, both during the contractual period and during legal proceedings.

Course Objective

  •  Understanding the fundamental differences Functions of RFI,RFPs and DPRs
  •  Principals and Fundamentals of Contract Management, including a techno legal perspective of contracts.
  •  How to leverage contracts to mitigate project risks
  •  Execution challenges during contract implementation
  •  How to enforce contracts within the boundaries of legal scrutiny
  •  Rules for negotiating and settling contractual disputes, both during the contractual period and during legal proceedings.

Training Outcomes

  •  Be able to draft functionally relevant contract
  •  Execute contracts with minimal impact on planned schedule and cost
  •  Resolve contractual ambiguities in a fair and honest manner without compromising the interests of either party to the contract

Course Duration

 44 Hours

Assessment:

 Third Party Assessment –Written & Project presentation

Curriculum:

 Approved by National Skill Development Corporation

Course Curriculum

No curriculum found !

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