Contract Management Overview

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.

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Stages of Contract Management

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Most Selling Certification in India

Contract Management Training Courses

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Contract Management Training

Duration: 2 Days

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Contract Negotiation Training

Duration: 1 Day

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Business Contract Law

Duration: 2 Days

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Complete Contract Management Package

Contract Management Training

Contract Negotiation Training

Report Writing Training

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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.

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Guaranteed to Run

Our all training classes are 100% guaranteed to run on dates provided, whether they are classroom, virtual or in-house.

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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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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.

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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

Contract Management within the ADB Procurement Cycle

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Frequently Asked Questions

What is Contract Management?

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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?

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The three types of contracts are time and materials contract, fixed-price contract, and cost-reimbursable contract.

What are the advantages of Contract Management?

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Advantages of Contract Management are minimised risk, financial optimisation, productivity/operational effectiveness etc.

What are the key elements of Contract Management?

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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?

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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?

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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?

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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?

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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?

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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.

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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?

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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?

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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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