Essentials of Contract Management

Contract management is the process that enables both parties to a contract to meet their obligations to deliver the objectives required from the contract. It also involves building a good working relationship between customers and providers. In this course, you'll gain insights into the fundamentals of contract management, including the roles and responsibilities of a contract manager, laws related to contract management and commonly used contract types. A formal contract management plan is recommended for significant procurements characterised by high value, high risk, complexity or the potential for substantial media coverage and public scrutiny. We'll show you how to design and execute effective contract management plans and provide solutions to diverse challenges associated with the process. Also, you'll learn how to navigate through contract changes, evaluate the process's performance and prepare yourself for future challenges. We designed this course for anyone involved in procurement, project management or legal affairs seeking to enhance their skills in navigating and optimising contract processes. Prerequisite knowledge and expertise are optional to take this course. This course also contains real-world examples, current contract management laws, and case studies to enhance engagement and maximise learning about the business and professional world. Enrol now to begin your journey into the realm of contract management!