Contract Management

Overview

This program provides an understanding of the contract management process for those involved in the procurement of goods and services. A variety of practical activities, including exercises, a case study and a negotiation role-play, enables participants to practise the concepts and techniques of planning and managing a contract through to a successful conclusion.

Development of the interpersonal skills required to build sustainable relationships through a collaborative approach forms a vital component of the two days.

Designed For

Anyone involved in the process of buying or selling goods and services. Managers, team leaders and supervisors, sales and account managers, project, contract and change managers.

Content

• Fundamentals of a contract
• Basic contract terms and conditions
• Roles and responsibilities for contract management
• Contract and procurement management planning
• Contract pricing
• Risk management
• The supplier selection process
• Contract administration and performance management
• Negotiating the contract
• Contract variation and valuation
• Resolving contract disputes
• Closing out the contract.

Learning Outcomes

• Describe the fundamental elements of a contract, including basic terms and conditions
• Describe the roles and responsibilities of contract management
• Analyse the importance of planning, measurement and control and their implications for contract performance management
• Describe the process for managing contract variations
• Identify negotiation and dispute resolution techniques
• Identify and manage contract risk

BSBPM509A Manage Project procurement

Duration
2 days