Modes of Delivery
Team/Corporate Training
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Description
With the majority of an organisation’s spend being under contracts with suppliers, service providers, vendors, and consultants, contract management is one of the core activities of a modern organisation.
But contracts do not manage themselves. People choose what aspects are managed given their skill and time constraints. We under-invest in contract management and we often just administrate contracts, rather than design and drive the strategies that yield high-performance outcomes.
This workshop is designed to help you transcend the traditional, more administrative role that has been the nature of contract management here. This course is ideal for those ready to drive contract management to new levels at your organisation. You recognise your organisation’s need to think strategically, think long-term, and think results.
This 2-day workshop provides the concepts and tools used by leading organisations throughout the globe. Think of it as a 2-day shopping trip for best practice – but only what works in practice, consistently, across many organisations. You’ll be shown many examples, have many interactive exercises to try things out for yourself, and be in a supportive and interactive environment in which to soundboard for your current issues and challenges faced in contract management.
On successful completion of the course, you will receive a Course Completion Certificate from KnowledgeHut with Credits (1 credit per hour of training).
What you will learn:
- You will get a complete guide to Contract Management Best Practices
- How to develop a robust tendering & contract management framework for the design & delivery of commercial objectives via contractual means
- Learn the art of negotiation through expert practical instruction
You will also get:
- 1 credit per hour of learning
- Downloadable e-book
- Participation certificate from KnowledgeHut on successfully completing the course
Key Features
Curriculum
- Portfolio, Program and Project Management Overview
- Absorb the complexity of managing today’s contracts and providers
- See modern techniques for strategically managing the range of contracts in your portfolio
- Obtain tools and techniques to get real results and performance through strategic thinking
- Benchmark your organisation against best practices, and chose the practices right for you
- Be conversant in the key aspects of law that affects managing contracts
- Avoid the Winner's Curse – 20% of contracts are cursed from the start
- Kick off a contract management strategy
- Examine the use of a Governance Charter – a best practice for contract management agreements
- Have your personal contract management style profiled and benchmarked, and see how the styles can affect your team and relationships with providers
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reviews on our popular courses See All
I would like to thank the KnowledgeHut team for the overall experience. My trainer was fantastic. Trainers at KnowledgeHut are well experienced and really helpful. They completed the syllabus on time, and also helped me with real world examples.
Attended Agile and Scrum workshop in June 2020All my questions were answered clearly with examples. I really enjoyed the training session and am extremely satisfied with the overall experience. Looking forward to similar interesting sessions. KnowledgeHut's interactive training sessions are world class and I highly recommend them .
Attended PMP® Certification workshop in July 2020Overall, the training session at KnowledgeHut was a great experience. I learnt many things. I especially appreciate the fact that KnowledgeHut offers so many modes of learning and I was able to choose what suited me best. My trainer covered all the topics with live examples. I'm glad that I invested in this training.
Attended PMP® Certification workshop in May 2020Knowledgehut is among the best training providers in the market with highly qualified and experienced trainers. The course covered all the topics with live examples. Overall the training session was a great experience.
Attended Agile and Scrum workshop in February 2020The course materials were designed very well with all the instructions. The training session gave me a lot of exposure to industry relevant topics and helped me grow in my career.
Attended PMP® Certification workshop in June 2020I would like to extend my appreciation for the support given throughout the training. My trainer was very knowledgeable and I liked his practical way of teaching. The hands-on sessions helped us understand the concepts thoroughly. Thanks to Knowledgehut.
Attended Certified ScrumMaster (CSM)® workshop in June 2020I feel Knowledgehut is one of the best training providers. Our trainer was a very knowledgeable person who cleared all our doubts with the best examples. He was kind and cooperative. The courseware was excellent and covered all concepts. Initially, I just had a basic knowledge of the subject but now I know each and every aspect clearly and got a good job offer as well. Thanks to Knowledgehut.
Attended Agile and Scrum workshop in February 2020KnowldgeHut's training session included everything that had been promised. The trainer was very knowledgeable and the practical sessions covered every topic. World class training from a world class institue.
Attended Certified ScrumMaster (CSM)® workshop in January 2020
Elyssa Taber
IT Manager.
Christean Haynes
Senior Web Developer
Lauritz Behan
Computer Network Architect.
Garek Bavaro
Information Systems Manager
Kayne Stewart slavsky
Project Manager
Ike Cabilio
Web Developer.
Archibold Corduas
Senior Web Administrator
Prisca Bock
Cloud ConsultantFrequently Asked Questions
- Project Managers, Procurement Managers, Contract officers, managers, and administrators ready to step up and lead in contract management
- Group managers and team leaders who want to accelerate the contract management maturity and capability of those whom they manage
- Procurement professionals responsible not just for buying wisely, but delivering results from the contracts put in place
- Category managers in charge of multiple contracts and driving multiple lifecycles
- Vendor and supplier relationship managers wanting to broaden perspectives and competencies
- Leaders, advisors, and influencers wanting to challenge the status quo to get a much higher return on the spend with external parties
Efficient contract management is the crux of a successful business. The process of analysing and creating a contract, its execution and implementation is a fine art. When perfected, good contract management serves to maximize operational and financial performance at an organization, while at the same time reducing financial risk.
This comprehensive 2-day course is a combination of theory, best practices & expert practical instruction and will teach you techniques and tools that will make you an expert in contract management and negotiation strategy.
There are no specific eligibility criteria for attending this course.
This course is at present offered in the classroom format. If you wish to undertake online training on the subject, please call us for more information.
On successful completion of the course you will receive a course completion certificate issued by KnowledgeHut.
You will receive 1 credit per hour of learning.
Your instructors are industry veterans who have perfected the art of contract management and negotiations and will hand hold you through its practical and strategic aspects.
Any registration cancelled within 48 hours of the initial registration will be refunded in FULL (please note that all cancellations will incur a 5% deduction in the refunded amount due to transactional costs applicable while refunding). Refunds will be processed within 30 days of receipt of written request for refund. Kindly go through our Refund Policy for more details: https://www.knowledgehut.com/refund-policy
Please send in an email to support@knowledgehut.com, and we will answer any queries you may have!