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Contract Management refers to the business processes that manage the creation, implementation and estimation of contracts to maximise business performance and minimise risk effectively. It enables you to build better relationships with partners and also makes you learn to reduce financial risk in an organisation. Contract Management training will significantly decrease the amount of time and resources required to manage all your contracts, whether it is a small, medium or large-sized organisation. You can use contract management within contract lifecycle.
We deliver training solutions to corporate, government agencies, public sectors, multinational organisations and private individuals. Our subject matter experts have plentiful industry knowledge, who know how to make their topics engaging in creating a unique and valuable learning environment. Our dedicated staff work incessantly to provide in-house training to clients that wish to have the convenience and comfort of working within their familiar surroundings.
Stages of Contract Management
Most Selling Certification in India
Contract Management Training Courses
Contract Management Training
Duration: 2 Days
Contract Negotiation Training
Duration: 1 Day
Business Contract Law
Duration: 2 Days
Complete Contract Management Package
Contract Management Training
Contract Negotiation Training
Report Writing Training
Why Choose Us
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100% Money Back Guarantee
We are so confident in our Courses and skills of our instructor that we offer money-back guarantee if you do not pass the exam after 3 attempts.
Guaranteed to Run
Our all training classes are 100% guaranteed to run on dates provided, whether they are classroom, virtual or in-house.
Guaranteed to Pass Exam
Our Exam Pass Guarantee gives you the confidence that we will pass your exam.
A Successful Contract Management Strategy
A growing perception of the need to automate, improve, upgrade the contractual processes, and satisfy increasing compliance and analytical requirements have resulted in adoption of a more orderly and structured contract management procedures.
Your Contract Management plan should ensure that:
- Management for service delivery are satisfactory to both parties
- The expected business interests, efficiencies and value for money are fulfilled
- The supplier is co-operative and understanding
- Your organisation understands its commitments under the contract
- There are no misunderstandings or surprises
- The professional and objective debate over changes and issues
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Limited Offer
Buy two courses and receive a third for free
Delivery Methods
The Knowledge Academy is a World’s Leading Association for training professionals. The knowledge Academy provides training in 490+ location in 221+ countries, covering 3000 subjects with four delivery methods which are Classroom, Live Classroom (Virtual), Onsite/Corporate, and Online/Self-paced E-Learning. In all these delivery types, exam is included.
Achievements Through Contract Management
Improved ability to manage contract renewal
Increase in compliance with corporate or government regulation
Reduction in legal labour costs
More consistent adherence to contract guidelines
Fastest and more profitable negotiations
Better relationship with suppliers
Increase in the continuity of supply.
Limited Budget
We understand that people may have limited budgets.
- To help and support our clients we will provide limited number of 250 daily discount codes.
- If you miss out, enquire to get yourself on the waiting list for the next day!
- Hurry first come, first served!
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Why You need an Effective Contract Management Process?
There are many reasons why both the public and private organisations need an effective Contract Management Process.
- The increasing pressure to reduce costs
- The necessity to optimise financial and operational performance
- New regulatory requirements
- Intensifying contract volumes and complexity
- Increasing need to automate and improve contractual processes
- Growing compliance and analytical needs.
What Our Clients Say About Us
Joe Murphy
Contract Manager
Today I have completed this Contract Management Foundation training with The Knowledge Acadamy. The course material was interesting and well designed. My trainer was kavin. He is amazing and helped me with every doubt I had during this training. He explained every topic with good examples, and in result, I was able to answer almost all questions during my exam, and I passed. Looking forward to buying another course from the knowledge academy.
Harry Warren
Commercial Contract Manager
I have just completed the change management practitioner course and exam with The Knowledge Academy. My trainer was John. He was very helpful and had a lot of information. However, John made the course more effective than it might have been. I really enjoyed the course and would book training again in the future. I will surely recommend this course to my friend, he'll surely get training from the knowledge academy.
Simon
Contract Manager
I recently completed the contract management foundation and practitioner course. The course material was well structured, which made it interesting and informative. My trainer was Williams Johnson, was very friendly, knowledgeable and engaging. I am very satisfied with my training. I really enjoyed the course and would book training with them again in the future.
Gavin Harris
Contract and Vendor Management Consultant
Just finished my Contract management foundation training course with the Knowledge Academy. The trainer made the course more exciting and relatable to keep the Trainees engaged, and he helped me with every doubt I had during the training. He explained every topic with good examples in result I was able to answer every question during the exam, and I passed.
Joe Murphy
HR Manager
Last week I took the Contract management practitioner course virtually. The programme covered lot of material in a short time to help us prepare for the exams. The course material was delivered on time, and the course content was excellent. Our trainer Kiva was very knowledgeable and provided lots of examples. She had done a fantastic job of going through the course materials and adapting to our different needs and dynamic within the group.
Robert Taylor
Project Manager
Have just completed the online contract management foundation training course with knowledgeacademy. I appeared in the exam following Monday, and I passed it very comfortably. The trainer was well experienced in the standard and knew how to teach a room full of individuals those have different experience and pace of understanding. He had time to talk with everyone, clear our doubts, and answer our questions.
Contract Management within the ADB Procurement Cycle
Frequently Asked Questions
What is Contract Management?
Contract Management refers to the business processes that enable you to manage the creation, implementation, and evaluation of contracts in an organisation effectively.
What are the three types of contracts?
The three types of contracts are time and materials contract, fixed-price contract, and cost-reimbursable contract.
What are the advantages of Contract Management?
Advantages of Contract Management are minimised risk, financial optimisation, productivity/operational effectiveness etc.
What are the key elements of Contract Management?
The key elements of Contract Management are managing service delivery, managing the relationship effectively, and seeking improvements.
What are the responsibilities of a Contract Manager?
A Contract Manager plays a critical role in an organisation. They are responsible for creating and maintaining relationships with suppliers and customers.
What are the challenges of Contract Management?
The challenges of contract management are poor communication between teams, lack of clarity, suppliers not fulfilling their obligations, level of involvement, being unaware of hidden risks and more.
What you will learn in this Contract Management Foundation training?
In this training, you will learn the basic concepts of Contract Management, such as fundamental principles and benefits of the contract management system.
Will this course help me to get a better job with a high salary package?
Professionals who hold Contract Management skills get higher rank in companies and get paid more than any average Information Systems Security Professional.
Can Knowledge Academy deliver corporate or in-house training?
Yes, our special in-house delivery staff work incessantly to provide training to clients who wish to have the convenience and comfort of working within their familiar surroundings.
I am unable to find the course I am looking for.
The knowledge Academy provides training on over 3000 different subjects. Please contact us if you are unable to find your ideal course in the above course list.
Can knowledge academy deliver the training to more than 1000 delegates of my company?
Yes, we already trained over 1000 delegates from multiple internationally renowned organisations. In such cases where the delegates are more in number, we are providing training in batches.
What delivery method I can choose for the Contract Management Certification training courses?
You can choose below delivery method according to your requirement:
- Online: If you want to learn at your own pace and at any time in the day or night.
- Online/Instructor-led or virtual: If you want to learn virtually from the instructor in the comfort of your home.
- Classroom: If you want to attend training in The Knowledge Academy venue.
- Onsite/Corporate: If you are looking for a training solution for your employees or company.
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