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Learn Contract Management Online

Course Overview

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.

OBJECTIVES

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

Course Content

  • 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

This course is designed for:

Anyone responsible for managing contracts within a public or private organization
Business owners and executives
None / No previous knowledge is required
This course comes with 12 modules consisting of videos, text, case studies and quizzes.

It is a self-paced program available 24/7. Participants can learn at their own pace, anytime, anywhere and on any device.
A participation certificate will be issued on completion of the course.

EdVantage e-Cert is an online endeavor to provide access to education and innovative learning across a wide range of fields of study. It aims to bring you affordable and accredited courses from reputed and credible education providers worldwide.

EdVantage e-Cert through its e-Smart courses aims to provide training and courses which will ensures you step into your dream job. Now you can polish your knowledge and skills to get Job-ready or gain a new qualification form a Certification to an e-MBA all in the comfort of your home!

Whether you are looking to gain a qualification or you simply want to improve your understanding of basic industry practices and trends, an employee who is chasing a promotion and upskilling or simply someone with a years of experience but lacking formal qualifications on paper- EdVantage e-Cert is the answer!

Why hesitate when you can receive comprehensive Academic and technical study support and valuable training that can be tailored to fit your busy life, still helping you achieve a qualification you desire?

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Enrolled: 1 student
Duration: 8 hours

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