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Strategic Contracts Manager Training Course » CML14

Strategic Contracts Manager Training Course

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DateFormatDurationFees
06 May - 10 May, 2024Live Online5 Days$2050Register
10 Jun - 14 Jun, 2024Live Online5 Days$2050Register
28 Jul - 30 Jul, 2024Live Online3 Days$1400Register
02 Sep - 10 Sep, 2024Live Online7 Days$2867Register
04 Nov - 08 Nov, 2024Live Online5 Days$2050Register
23 Dec - 27 Dec, 2024Live Online5 Days$2050Register
DateVenueDurationFees
25 Mar - 05 Apr, 2024Nairobi10 Days$8225Register
27 May - 31 May, 2024Nairobi5 Days$4345Register
24 Jun - 28 Jun, 2024Accra5 Days$4345Register
09 Jul - 11 Jul, 2024Riyadh3 Days$3500Register
16 Sep - 27 Sep, 2024Johannesburg10 Days$8225Register
18 Nov - 22 Nov, 2024New York5 Days$5125Register
09 Dec - 13 Dec, 2024Cape Town5 Days$4345Register

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Course Overview

Many businesses with exposure to complicated projects recognise the strategic importance of contract management. There has been a rise in the number of positions for contract managers in various types of firms, especially those that need methodical workers to oversee an expanding number of contracts. It has developed to the point that several procedures can be used at various stages of a contract’s lifetime. Contract managers are at the helm of the process of contract consolidation and creation, and are tasked with administering and maintaining contracts. They also coordinate with the company’s other departments to speed up the process from contract inception through negotiation to finalisation.

What is the role of a contract manager? A professional contract manager is involved with various responsibilities. Assuring a smooth transition from contract formation to implementation is a primary responsibility of contract managers. They minimise risk and make sure there is no income loss due to poorly managed contracts. Once the contract has been signed, the contract manager will make sure it is safely filed away. The contract manager is also responsible for archiving the document in a way that facilitates future access by all parties involved.

Why is a contract management certification so important? To become a competent contracts manager, one has to cultivate several skills, all of which are bolstered by certification. The high volume of contracts they process, helps them become methodical and technologically knowledgeable. As they gain experience as a contracts manager, they hone their business acumen, negotiating abilities, attention to detail, communication skills, awareness of risk compliance, and teamwork abilities.

Certified Professional Contracts Manager by Zoe Talent Solutions aims to equip learners with the knowledge, skills, and tools they’ll need to manage contracts from start to finish. Participants in this interactive course will learn about the activities that take place at each phase of a contract’s life cycle, the methodologies that are used to manage each of these activities, and the best practices in contract management. It will cover critical areas such as contract preparation, award, and administration. This Professional Contracts Manager certification will demonstrate that one has reached the highest criteria for education, training, and experience, as well as that one, has demonstrated mastery of the contract management skills in the Contract Management Body of Knowledge.

Course Objectives

The Certified Professional Contracts Manager course by Zoe Talent Solutions aims to fulfil the following objectives:

  • To understand why the fundamentals of contract management are essential in business management
  • To identify the contracting process’s concepts, definitions, and essential steps
  • To highlight all contract preparation tasks, such as planning, creating a scope of work, and seeking alternatives
  • To recognize the various forms of contracts and their impact on risk allocation strategies
  • To create criteria for inviting, receiving, and evaluating bids
  • To learn the use of contract management tools and procedures to efficiently manage the contract and avoid issues during implementation
  • To gain skills for resolving disputes collectively and peacefully, and describe alternative dispute resolution techniques
  • To understand tendering and supplier management
  • To recognize a legal contract’s structure

Training Methodology

The training will utilize the following training methods:

  • Interactive lectures
  • Problem-solving sessions
  • Individual and group exercises to assist participants in learning all of the major contract management activities
  • Use of case studies, presentations, and participatory role-playing followed by plenary discussions
  • Identifying negotiation mistakes from past

This training, like all our acclaimed courses, follows the “Do-Review-Learn-Apply” format.

Organisational Benefits

This certification course from Zoe Talent Solutions will benefit an organization in the following ways:

  • Employees’ comprehension of the meaning and operation of contracts will improve contract management in the organisation
  • Participants will acquire an essential understanding of the agent-principal relationship while operating on behalf of their respective organisations
  • Participants will be able to successfully interact with various stakeholders while addressing their needs for the benefit of the organisation
  • Organizations will save money on recruiting expenses since contract workers will have the requisite expertise and will not need specialised services
  • Employees will gain an understanding of the significance of contract and relationship development, and the organisation will save time and resources in creating contracts, negotiating, and resolving disputes

Personal Benefits

This certification course from Zoe Talent Solutions will benefit the participant in the following ways:

  • Understanding principles of contract pricing, the procedure for bidding, types of contracts, and related knowledge will enable the participant to excel in contract management
  • Gain the essential skill-set such as understanding ways of assessing risk, supervising contracts to ensure that they comply with all applicable requirements, etc.
  • Participants will develop the ability to negotiate and work with others to carry out and adjust the contract as required
  • Participants will gain an edge over the competition and will be able to use this certification to further their career
  • The successful completion of the certification will demonstrate that the participant is dedicated to succeeding in the most professional way possible

Who Should Attend?

The Certified Professional Contracts Manager course would be advantageous for the following:

  • Contracts Officers
  • Contracts Managers
  • Contract Administrators
  • Procurement Managers
  • Project Managers
  • Quantity Surveyors
  • Commercial Managers
  • Professionals involved in any element of contract management

Course Outline     

Module 1: Pre-Award

  • Contract Principles
  • Contract Financing
  • Structures of Contracts
  • Methods of Contracting
  • Laws and Regulations Regarding Intellectual Property
  • Programs for Socioeconomic Development
  • The Code of Ethics

Module 2: Elements of Contract Management

  • Drafting the contract
  • Negotiating with involved stakeholders
  • Understanding negotiating terms
  • Finalizing the contract and sending for approval
  • Post-execution
  • Contract audits

Module 3: Acquisition Strategy and Planning

  • Market Research
  • Acquisition Planning
  • Marketing
  • Analysis of Costs and Prices
  • Solicitation Drafting
  • Negotiation
  • Protests
  • Responding to Requests for Information
  • Contract Award & Source Selection

Module 4: Post-Award

  • Contract Changes and Modifications
  • Contract Interpretation & Disputes
  • Contract Closeout
  • Contract Termination & Extenuating Circumstances
  • Quality Assurance
  • Transportation
  • Subcontract Management

Module 5: Knowledge Areas with a Focus

  • Construction and Architect-Engineering Services
  • Research and Development
  • Service Contracts
  • Government Property
  • Major Systems
  • Research and Development
  • Service Contracts
  • Government Property
  • Areas of Specialization
  • Supply Chain for Local and State Governments

Module 6:  Business and Contracts

  • Contracts and Accounting
  • Contracting economics
  • Contract Finance Analysis
  • Contracts in Information Science/IT
  • Leadership Capabilities
  • Management
  • Marketing Operations

Module 7: Best Practices for Professional Contracts Manager

  • Developing a centralized repository
  • Team collaboration
  • Compliance management
  • Standardization of contract management activities
  • Contract management software

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