Effective Contract Management

• Project Managers and Executives
• Contract Managers
• Contract Engineers
• Purchasing Managers and Executives
• Sales Managers and Executives
• Commercial Managers and Executives

At the end of the course delegates will:

• Understand what makes an effective contract manager
• Understand legal terminology and its commercial implications
• Be able to dramatically reduce the chances of contract pitfalls
• Know how to conduct a thorough risk analysis of contracts
• Understand the legal consequences of their own actions
• Be able to negotiate more effectively
• Recognise the contribution that good contract administration can deliver
• Minimise contractual risk throughout the contract
• Manage change during the contract from a risk and legal perspective

No contract will be successful unless it is underpinned by sound contract management and administration. More often than not it is the support team involved in the background of a contract that ensures it is a success. This course will help you to understand how the effective management and administration of a contract can deliver the goals it set out to achieve.

This practical training programme will help delegates to apply a systematic and logical approach to managing and implementing a contract after it has been signed. The course will ensure that you and your team(s) are confident of what is required of you, and all parties involved in the contract, to satisfy the legal obligations laid out in the contract whilst minimising risk and delivering a successful outcome every time.

The course is delivered using an interactive approach with exercises, case scenarios and examples used throughout. There are plenty of opportunities for discussion and questions and answers during the training.

• Project Managers and Executives
• Contract Managers
• Contract Engineers
• Purchasing Managers and Executives
• Sales Managers and Executives
• Commercial Managers and Executives

At the end of the course delegates will:

• Understand what makes an effective contract manager
• Understand legal terminology and its commercial implications
• Be able to dramatically reduce the chances of contract pitfalls
• Know how to conduct a thorough risk analysis of contracts
• Understand the legal consequences of their own actions
• Be able to negotiate more effectively
• Recognise the contribution that good contract administration can deliver
• Minimise contractual risk throughout the contract
• Manage change during the contract from a risk and legal perspective

1. Effective Contract Management

• Company objectives
• Commercial awareness
• Commercial management
• Getting the “soft side” right – building relationships
• Vital skills and expertise
• Deciding the right priorities including who to contract with

2. Understanding the legal environment

• Basic legal principles
• Heads of Agreement and letters of intent
• Non-disclosure agreements
• Signing the contract
• Enquiries and tenders
• Statute law affecting contracts
• Defects, negligence and lateness

3. Effective Negotiation Techniques

• Using real-life examples provided by the attendees

4. Risks, rules and relationships

• Risk analysis
• Managing change during the operation of the contract
• Political, environmental and physical factors
• Financial and technical risks
• Pre-contract risk planning
• Post-contract risk management
• Off-loading or sharing risk
• Artificial Intelligence and risk

5. Effective administration techniques

• What is the purpose of the contracts function?
• The extent of its involvement; what is needed?
• The culture of the enterprise
• Terms of reference
• Early warning systems
• Some maxims of contract administration
• Post mortems
• Getting known and respected

6. Conclusion and summary

• • Summary of best practice in contract management and administration
  • Applying the learning from the day
  • Questions and answers

We run the Contract Management course regularly throughout the year.

Click on any of the dropdown items below to find out more about our Contract Management open course.

You can view full booking terms and conditions here.

If you would prefer to, or if your question is not answered below, you can just pick up the phone and call us on 0845 130 5714 or email info@contractlawtraining.co.uk.

Are you interested in running this course for your team or organisation?

Our contract management courses can be delivered on an in-company basis for up to 15 people.

All in-company courses are tailored to meet the unique circumstances of the client organisation and delegates. We will take as much time as necessary upfront to understand your contract challenges and the scenarios which will be most relevant to your delegates.

We can put the focus on any area of contract management and make reference to your contracts throughout the course.

On an in-company basis delegates get the opportunity to spend time consulting with one of the UK’s leading contract management practitioners on what managing contracts means to them and their organisation.

From the outset we will provide you with expert advice and you will be assigned your own personal training adviser who will stay with you throughout the process.  Every team is different so we will provide you with a tailored training programme, designed around your team’s needs and focused on your desired outcomes.

All courses are followed up by a full training evaluation report and certificates of learning for each delegate.  For groups of up to 15 delegates per course, our in-company training is a very cost-effective way to develop your people and improve team performance.

Get in touch today for a full quotation to suit your budget.  To discuss your requirements in more detail with one of our friendly advisers please call on 0845 130 5714 or email one of the team at info@contractlawtraining.co.uk.   Alternatively you can complete the short contact form below.