The Fundamentals of Contract Management
What you'll learn
- Develop contract management strategy for your organisation
- Navigate the phases of contract management lifecycle
- Implement contract management activity
- Identify value of contract management data
- Become efficient at managing contract transitions
- No there are no pre-course requirements
You will be seeking to learn and apply The Fundamentals of Contract Management. You may want new insights as a member of a commercial team. Or a project manager whom wishes to understand, how to better incorporate contract management activity within your work streams. Finally you may not have any experience at all with contracts, and want to become prepared to manage them. Regardless of your circumstances, you will have the opportunity to learn and apply the information throughout the course.
This course will enable you to:
Develop contract management strategy for your organisation
Navigate the phases of contract management lifecycle
Implement contract management activity
Identify value of contract management data
Become efficient at managing contract transitions
For the Individual
Develop knowledge of Contract Management Lifecycle, enabling you to input at the right times.
Provide an overview of the activities needed to maximise performance.
Build confidence in managing large complex contracts.
For the Team
Plan resource allocation for weekly and strategic aims, avoiding wastage of time and money.
Identify activity driven by strategy, minimising ad-hoc work.
Comprehensive KPI development, to make lean and efficient data evaluation.
For the Organisation
Upskill your personnel to maximise ERP systems.
Use a framework to write your strategy, to minimise the Lack of oversight for contract management,
Apply methods to extract value for money, avoiding costly activity to gathering data for achieving goals
Questions you may have
1. Do I need advanced mathematical knowledge?
Answer: No, this course uses both qualitative and quantitative methods, and calculations which can be performed on a spreadsheet or use of a calculator.
2. Do I have to work in commercial or buying already to take the course?
Answer: No, this course upskills those whom already work in the field, and enables those wishing to work in contract management, procurement, commercial, buying, and purchasing.
3. Do I need to take notes and do homework?
Answer: We encourage our students to take notes and actively listen, this will enable you to understand, then apply the knowledge from the lectures. Our “homework” are Activity Sheets which you can do at work! The tools and methods can be applied at work, and so you can start benefiting in your professional and personal learning.
Who this course is for:
- Aspiring Contract Managers and Officers – You may wish to secure a promotion or enter the field commercial field as a contract manager.
- Professionals – You could already be working with contracts, but wish to upskill and apply more rigorous fundamentals to improve your performance.
- Managers – Responsible for a team or organisation, you will be seeking to develop a holistic approach to contract management within your portfolio.
- Students of procurement, purchasing, buying, commercial
Welcome, my name is Brett
As a commercial practitioner, my career began with the UK Civil Service under the Government Commercial Function, since then I have been a contractor in both the public and private sectors. Prior to that I lectured in educational institutions, and am a retired sport professional. I hold formal qualifications in
*Member of Chartered Institute of Procurement and Supply (MCIPS)
*Masters in Management Consultancy
I have worked in different industries including: defense, education, facilities and estates, health, logistics, security, and sport. Each industry and organisation brought unique challenges and opportunities. The contracts I have managed, cover a range of goods and services from TVs to fighter jets. It is from these experiences, I draw the teaching points for our companies courses.
Having made the jump from education to the public sector, business and finally consulting. I understand the uncertainty of starting out in a new industry or organisation. What I realised was that many of the skills and experience I developed in my career could be transferred. The knowledge I have gained from on the job experience, workshops, postgraduate studies, and online learning, has enabled me to upskill and excel in new roles.
Unlocking efficiencies and achieving value for money, enables an organisation to grow. For the professional like yourself, you will gain a great sense of satisfaction and motivation, like I have, from creating, implementing and developing yourself and others.
The challenge will become, can you believe in yourself to create, the best life for you?