Introduction to Contract Management
- Course focuses on effective contract management for large long term contracts.
- Attendees are purchasers managing complex goods and services contracts.
- Course aims to provide essential understanding for effective contract management.
- Topics include supplier selection, risk assessment, compliance, and negotiation skills.
- Emphasis on developing skills for successful contract monitoring and improvement.
Overview
This 2-day course focuses on effective contract management for purchasers handling large, long-term contracts. Topics include common contract issues, procurement project objectives, supplier selection, risk assessment, compliance, and negotiation strategies. The course aims to equip new purchasing staff and contract managers with the necessary knowledge to enhance their contract management skills and achieve results. Suitable for those managing complex goods and services contracts, the course emphasizes creating partnering relationships with suppliers and continuous improvement.
Who should attend
Purchasers
Course Content
Course duration: 2 Days
Cost: £545 + VAT
Course running order
Day 1
Common problems in contracts let with suppliers
Setting objectives for procurement projects
The skills required for effective contract management
Understanding the total life cost of ownership approach to contract management
The competitive tendering process and its impact on contract management
Supplier selection and evaluation
Risk assessment and management for procurements
Developing specifications and key performance indicators for contracts
The responsibility for contract management
Day 2
Ensuring compliance with the contract and understanding contractual remedies for poor performance
Effective contract monitoring
Creating partnering style relationships with suppliers
Negotiating improvements to current service delivery
Motivational factors that enhance performance and create continuous improvement
Review and evaluation
Who should attend?
Purchasers who are involved in the management of large long term contracts for the supply of complex goods and or services.
Course Objective
To provide new purchasing staff and those involved in managing major supplier contracts with the essential framework of understanding for them to develop their practice toward effective results oriented contract management
Duration / Fees
A 2 day single manned course
