Contract Management (Corporate Training)

Introduction

This three-day course is designed to equip professionals with the essential skills and knowledge required for effective contract management. The course covers the full contract lifecycle, from drafting and negotiation to performance monitoring and closure. Participants will learn how to ensure that contracts align with organizational objectives, manage risks, and maximize value through effective oversight. The course also emphasizes compliance, legal considerations, and best practices in contract administration.

Flexible Fee Scheme

The following fee scheme applies to online courses only. For in-person and virtual classrooms, please contact us

• Band A:Government projects and multinational companies pay the full fee.
• Band B:International NGOs and local companies get 25% discount using code: BANDB25
• Band C:Local NGOs, educational institutions and companies that have less than 50 employees get 40% discount using code: BANDC40
• Band D: Self sponsored knowledge seekers pay a nominal fee only and get 85% discount using code: BANDD85

Who's this course for

• Contract Managers and Administrators
• Procurement and Supply Chain Professionals
• Project Managers
• Legal Advisors involved in contract drafting and negotiation
• Senior Managers responsible for overseeing contracts
• Anyone involved in managing third-party relationships

Learning Objectives

• Understand the key stages of the contract lifecycle, including negotiation, drafting, performance monitoring, and closure.
• Learn how to draft clear, legally sound contracts that align with business objectives and mitigate risks.
• Explore techniques for negotiating terms and conditions that are favorable to the organization.
• Develop skills in monitoring contract performance and ensuring compliance with terms.
• Learn how to manage contract disputes, modifications, and renewals effectively.
• Gain insights into best practices for contract administration and how to leverage contracts to drive value for the organization.

Outcome for the Course Sponsor

Organizations sponsoring this course will benefit from improved contract management practices that reduce risk, ensure compliance, and maximize the value obtained from contracts. Professionals trained in contract management will help the organization avoid costly legal disputes, improve vendor and partner relationships, and ensure that contracts support strategic goals. Sponsors will also see enhanced contract performance and a more structured, efficient approach to managing contractual obligations.