The Contract is at the center of all industrial transactions also, It is controlled by a center competency of all a success corporations. The excellent corporations withinside the international recognize the advantages of improved income and better productivity as a result of learning excellent practices withinside the vital stages of settlement control.
This training course provides both strategic and practical insights into:
- Contract Management Negotiations
- Price and Cost Analysis
- Managing Risk through Contract Types
- Critical Source Selection and Contractor Evaluation
- Changes and Variations and Claims Disputes
Course Objectives of Mastering Contracts Management
Participants attending this training program will gain from:
- Developing negotiation skill sets to achieve the organization’s objectives
- Discussing important aspects of price and cost analysis
- Differentiating contract types and how they transfer risk
- Explaining how to deal with volatile materials pricing and contract risks
- Evaluating Performance-Based Service Contracting Methods
Course Methodology of Mastering Contracts Management
Presentations by professional and experienced world-class contract management practitioners and experienced consultants, individual and group exercises, published articles and case reviews, checklists, and groups are among the participants. Through a variety of teaching methods, you can broaden your knowledge and skills. Examine the connection between current practices and the implementation of new ideas.
Participants are encouraged to bring up topics for a confidential discussion and to share their experiences with specific issues in the company or industry. For practical use and enhancement, comprehensive course manuals are provided electronically. You will have time for general discussions as well as one-on-one interviews with experienced professional advisors.
Organizational Impact of Mastering Contracts Management
The organization will benefit by:
- Significantly improved outcomes in commercial transactions and contracts
- Advanced trained contract management personnel
- Continuous improvement in contract management
- Superior productivity of personnel involved in contract activities
- Ensure that contracting is a high value added process
- Improvements in the performance of contractors with the associated commercial benefits
Personal Impact of Mastering Contracts Management
Attendees will gain by participating in this training program through:
- Mastering skills in managing contract management
- Exceptional negotiation skills
- Greater ability to develop professionally
- Increased job satisfaction
- Receiving increased recognition by their organization leading toward advancement and promotion
- Superior confidence in leading, planning, and managing the entire contract process
