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 New York 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 New York 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 New York 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 New York 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 New York, 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 New York 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.

New York City is the biggest city in the United States. It is the most populous urban agglomerations in the world. New York is often described as the cultural and financial capital of the world. 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. The public school system is run by the New York City Public School board. It is the biggest school system in the United States. They serve approximately 1.1 million pupils in 1,700 schools. There are nine special schools for those who are academically or artistically gifted. There are approximately 900 additional privately-run secular and religious schools in the city. There are roughly 600,000 students in New York that are enrolled in one of the 120 higher education institutions. There are a number of notable universities in the City of New York. These include: Columbia University, New York University and the New York Institute of Technology. Columbia is the highest ranked New York University in the world rankings, coming in at number 22. It is a private Ivy League research university that has twenty school including Columbia College, the School of Engineering and Applied Science, and the School of General Studies. New York is also home to a number of specialist art schools such as the world renowned Juilliard School that specialises in the performing arts. At The Knowledge Academy we offer over 50,000 classroom based training courses in the United States, including popular locations such as New York.

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Address

NYC Seminar and Conference Center
71 West 23rd Street
Suite 515
New York
NY 10010

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 New York. 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 New York, 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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Maximise your training budget

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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 New York 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 New York starts from $1295
The Knowledge Academy is the Leading global training provider for Commercial Contracts Management Training.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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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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