Virtual Contract Management Training
Phase | No. | Topic | Details |
Introduction
45mins | 1. | Contract management introduction | · Introduction to the course, establishing the standards by which we work, the principles of contracting · Outlines the concepts of best practice in contracting · Defines the requirement for contract management |
The contract itself
2.5hrs | 2. | Basic legal principles of contracting | · Creation of a contract · Offer, acceptance of offers and revoking offers · Overview of the role of terms and conditions in contracting · Key elements and considerations in drafting contract clauses |
3. | Introducing terms and conditions | · Basic contract components · A review of commonly used contract terms · Active and passive terms; conditions precedent and subsequent | |
4. | Scopes of work | · Scopes of work, the key requirements · Input v output v outcome scopes of work · Understanding SLAs and KPIs | |
Negotiation essentials
45mins | 6. | Picturing the negotiation | · Understanding the other side’s drivers and developing a strategy · What negotiators must understand before starting negotiations · Strategies, ethics, tricks and ploys |
Managing the contract after award
2.5hrs | 7. | Implementing / communicating the contract | · What makes a contract risky, and how to mitigate that risk · Contract communications and handover planning · A six-step communication planning process |
8. | Monitoring performance | · Schedule management and performance monitoring · Payment invoicing, tracking deliverables and acceptance · Managing SLAs and KPIs | |
9. | Dealing with changes to a contract | · What is a change and who can initiate it? · Examples and the effect of change · What should a change control process look like? | |
10. | Contract close-out | · Types of termination and close-out · Managing the termination of a relationship · Survival clauses, knowledge capture and lessons learned |
Duration: 1 Day
Cost: £225 + Vat
Online Contract Management Training
Contract Management Online Training Courses