Professional Certificate in Contract Management
2 weeks / 12 Modules
Every business relationship relies on contracts. Contracts are made with vendors, employees, customers, partnerships, etc. These agreements must be managed carefully, which is where contract management comes into the picture. In order to effectively implement contract management, however, it is necessary to understand what it entails.
Contract management is not just contract administration. Rather than simply drawing up the contracts, the manager works to ensure that the entire process runs smoothly; he or she is involved in not just the planning and development but also the execution of the contract, and beyond to the point of renewal. If contracts are managed well, business relationship will flourish. Poor contract management, on the contrary, can cost business relationships, delays projects, causes litigation, and damages the bottom line. This course touches on the definition of contract management, legal and ethical contract management, how to create a contract, contract negotiations, assessing performance, amending, auditing and renewing contracts.
At the end of this course you will be able to:
- Understand what contract management is
- Identify key contract elements
- Understand ethical contract management
- Calculate values
- Create a contract
- Negotiate a contract
- Amend contracts
- Renew contracts
Key Features of the Course
This course comes with lessons consisting of text, interactive cards and a quiz.
It is a self-paced program available 24/7. Participants can learn at their own pace, anytime, anywhere and on any device.
- Lesson 1: Defining Contract Management
- Lesson 2: Legal and Ethical Contract Management
- Lesson 3: Contract Management Requests
- Lesson 4: How to Create a Contract
- Lesson 5: Contract Negotiations
- Lesson 6: Assess Performance
- Lesson 7: Relationships
- Lesson 8: Amending Contracts
- Lesson 9: Conducting Audits
- Lesson 10: Renewing Contracts
- Lesson 11: Download Course Curriculum
Why Study at LEXED?
Flexible Learning Option
Using our state of the art learning management system, you have the advantage of studying with us without leaving your country and still attain world class qualification from the comforts of your home or office.
Self Paced Learning
Our programmes are flexible enough to accommodate your pace. This implies that the faster you submit your assignments the faster you graduate and get your qualification.
Globally Accepted Certificate
The curriculum and content of our Professional Certificate Courses have been independently verified and found to conform to globally accepted Continuous Professional Development (CPD) standards and guidelines.
Dedicated Learner Support
You are assigned a dedicated learner support at the commencement of your programme. You also have access to a 24/7 comprehensive support via the student dashboard in form of live chat support or email.