Course information

Commercial Contracts Management Training Course Outline

Module 1: Introduction to Commercial Contracts Management

  • What is Commercial Contracts Management?
  • Commercial Contract Management Process
  • Purpose of Commercial Contracts
  • Parts of a Commercial Contract
  • Managing Commercial Contracts
  • Automating Workflows for Commercial Contracts
  • Commercial Contracts Challenges

Module 2: Drafting Contracts

  • What is Drafting of a Contract?
  • Importance of Drafting of a Contract
  • Objectives
  • Skills required to Draft a Contract
  • What are the Essentials for a Well-Drafted Contract?

Module 3: Commercial Negotiation

  • What is Commercial Negotiation?
  • Preparing for a Commercial Negotiation
  • What are the Stages of a Commercial Negotiation?
  • How to Succeed in a Commercial Negotiation?

Module 4: Contract Risk Management

  • What is Contract Risk Management?
  • Why is Contract Risk Management Important?
  • Types of Risk in Contract Management
  • Contract Risk Management Process
  • Benefits of Contract Risk Management

Module 5: Commercial Bid Evaluation

  • What is a Bid?
  • How a Bid Works?
  • What is Commercial Bid Evaluation?
  • Benefits of a Commercial Bid Evaluation

Module 6: Service Level Agreement

  • What is a Service Level Agreement?
  • Why Service-Level Agreements are Important?
  • How is a Service-Level Agreement Used?
  • Common Metrics
  • Types of Service Level Agreement
  • What is Included in a Service-Level Agreement?

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Who should attend this Commercial Contracts Management Training Course?

The Commercial Contracts Management Course in Boston is designed for professionals who want to get better at understanding, drafting, negotiating, and managing Commercial Contracts in various industries. This course can benefit individuals such as:

  • Contract Managers
  • Procurement Professionals
  • Legal Professionals
  • Project Managers
  • Supply Chain Managers
  • Business Development Executives
  • Contract Administrators  

Prerequisites of the Commercial Contracts Management Training Course

There are no formal prerequisites for this Commercial Contracts Management Course.

Commercial Contracts Management Training Course Overview

Commercial Contracts Management Training in Boston is critical for understanding and managing business agreements effectively. It ensures that contracts contribute positively to business operations and objectives. As businesses face complex legal landscapes, efficient contract management is essential for securing interests and minimizing risks.

Contract Managers, Legal Advisors, Project Managers, and business executives in Boston should master Contracts Management. This skill is important for anyone responsible for developing and managing commercial agreements, safeguarding their organization's interests, and ensuring compliance.

The Knowledge Academy's 1-day training in Boston provides essential skills for effective contract management. It covers the contract lifecycle, negotiation, implementation, and risk management, and combines theoretical knowledge with practical applications. This course empowers delegates to improve their organization's contract processes and outcomes.

Course Objectives

  • To grasp commercial contracts management fundamentals
  • To effectively navigate the contract lifecycle
  • To negotiate and draft contracts proficiently
  • To mitigate risks and resolve disputes
  • To ensure legal compliance in contracts
  • To enhance the financial and operational contract performance

Upon completing this course in Boston, delegates will understand commercial contract management and be equipped to support their organization's success through better contract negotiation and administration.

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What’s included in this Commercial Contracts Management Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • Commercial Contracts Management Certificate
  • Digital Delegate Pack

Why choose us

Our Boston venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Boston is the capital city of the state of Massachusetts, USA. It has an estimated population of 655,000 people, making it the 24th largest city in America. Boston is one of the oldest cities in America and was the battle ground for many key events in the American Revolution, such as the Boston Tea Party and the Battle of Bunker Hill.

Education in the USA is provided by both public and private schools, and is mandatory until the age of 16.  Pupils conducting their schooling within the USA start off at preschool, followed by elementary school, then middle school, before finishing at high school.  At age 18, US citizens are able to engage in higher education.  Higher education in the USA normally comes in the form of a college, undergraduate school, or a community college – that latter of which doesn’t normally cost anything to attend.  Candidates participating in a course at a college will gain credits towards a bachelor’s degree, whilst candidates participating a course at a community college will be earning credits in order to achieve an associate’s degree.

Boston was home to Americas first public school, Boston Latin School. Boston also operates the United States' second oldest public high school, and its oldest public elementary school.

Boston is considered to be an international area of higher education and medicine. Some of the most famous universities in America and indeed the world are located in Boston. It is the home of both Harvard and MIT (Massachusetts Institute of Technology). These are the top two universities in the world. Universities, research institutes and hospitals receive more funding in Boston than any other are in America. In 2013 they received around $1.8 billion.

Harvard was established in 1636 and is a private Ivy League research university. It is the United States oldest institute of higher education. Harvard has had eight United States presidents graduate from the university. This includes current U.S president Barack Obama.                                                                                                                             

At The Knowledge Academy we offer over 50,000 classroom based training courses in the United States, including popular locations such as Boston. 

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Address

Prudential Tower

800 Boylston Street

16th Floor

Massachusetts 02199 

Boston, 

United States

T: +1 7204454674

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Contract Management Training | Commercial Contracts Management Training in Boston. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Contract Management Training | Commercial Contracts Management Training in Boston, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Contract Management Training | Commercial Contracts Management Training in Boston FAQs

Commercial Contract Management involves overseeing the creation, negotiation, and execution of contracts within a business context. It ensures that all organisations fulfil their obligations, manage risks and compliance, and maximise the value of each agreement.
There are no formal prerequisites for this Commercial Contracts Management Training Course.
These Commercial Contract Management Training Courses are ideal for professionals who draft, manage, or negotiate contracts. They include Contract Managers, Procurement Specialists, Legal Advisors, and Business Executives looking to enhance their skills in commercial agreements.
There are various stages of Commercial Contracts Management including, making contact, analysis of the customer's needs, sales pitch, rephrasing the objectives, negotiation phase, and closing the sale.
Commercial Contracts Management Training enhances your ability to manage and negotiate contracts effectively, reduces legal risks, and improves compliance. It equips you with practical skills to optimise contract performance and ensures better outcomes for your organisation.
This course takes 1-day to complete during which delegates participate in intensive learning sessions that cover various course topics.
Commercial Contracts Management Training will teach you how to draft, negotiate, and manage contracts effectively, ensuring compliance and minimising risks. The course covers fundamental principles, best practices, and strategies for managing contractual relationships in a business environment.
The Commercial Contracts Management Certification aims to enhance professionals' understanding of contract creation, negotiation, and execution. It equips them with skills to manage contractual risks effectively, ensuring that agreements align with business objectives and legal requirements.
The Knowledge Academy provides flexible self-paced training for this course. Self-paced training is beneficial for individuals who have an independent learning style and wish to study at their own pace and convenience.
A Commercial Contracts Management Certification enhances your ability to manage and negotiate contracts effectively, ensuring compliance and mitigating risks. It signifies a deep understanding of contract law and best practices, essential for safeguarding business interests.
In this training course, delegates will have intensive training with our experienced instructors, a digital delegate pack consisting of important notes related to this course, and a certificate after course completion, ensuring you gain practical experience and in-depth knowledge of course.
If you are unable to access your training, contact the support team at The Knowledge Academy via their customer service email or phone number provided on their website for prompt assistance and resolution of your issue.
Individuals in procurement, contract management, legal, and project management roles often require Commercial Contracts Management Certification to enhance their skills in drafting, negotiating, and managing contracts effectively, ensuring compliance and minimising risks in business agreements.
Yes, The Knowledge Academy offers 24/7 support via phone & email before attending, during, and after the course. Our customer support team is available to assist and promptly resolve any issues you may encounter.
Completing a Commercial Contracts Management Course can lead to roles such as Contract Manager, Procurement Specialist, and Legal Analyst. In these roles, you’ll be responsible for negotiating, drafting, and managing contracts to ensure compliance and mitigate risks for organisations.
Yes, we provide corporate training for this course, tailored to fit your organisation’s requirements.
A Commercial Contracts Management Course enhances your ability to manage and negotiate contracts effectively, ensuring compliance and reducing risks. It equips you with essential skills to handle complex agreements, safeguarding your organisation's interests.
The Commercial Contracts Management Training Course qualification typically includes a basic understanding of contract law and relevant industry experience. It is ideal for contract creation, negotiation, or management professionals seeking to enhance their skills.
After completing the Commercial Contracts Management Training Course, apply your new skills to manage contracts effectively, enhance your negotiation strategies, and ensure compliance with legal standards. Continue developing your expertise through advanced courses and practical experience.
No prior experience is needed to complete Commercial Contracts Management Training. The course is designed for beginners and professionals, providing the foundational knowledge and skills to manage commercial contracts effectively.
A background in other contract management courses is optional for the Commercial Contracts Management Training Course. The course is designed to accommodate beginners and provides foundational knowledge and skills for effective commercial contract management.
The training fees for Commercial Contracts Management Trainingin Boston starts from $1295
The Knowledge Academy is the Leading global training provider for Commercial Contracts Management Training.
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Best price in the industry

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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