Contract and Commercial Management Practitioner: Mastering the Essentials
13 - 17 Oct. 2024
London - 5900
To equip professionals responsible for contract management and commercial dealings with the necessary skills and knowledge to manage contracts effectively, ensure compliance, mitigate risks, and enhance commercial relationships.
Contract and Commercial Management Practitioner: Mastering the Essentials
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Details
This comprehensive program is designed for individuals involved in the management, execution, and oversight of contracts within various sectors. It covers the fundamentals of contract management, negotiation techniques, risk assessment, compliance, and the strategic aspects of commercial management to ensure the successful delivery of projects and services.
Target Group
Target Group:
Contract Managers and Administrators
Commercial Managers and Officers
Project Managers involved in contract negotiations
Legal Professionals in Contract Law
Procurement and Supply Chain Specialists
Goals
Understand the principles of contract and commercial management.
Master the skills required for effective contract negotiation and administration.
Identify and mitigate contractual risks and ensure compliance.
Develop strategies for managing commercial relationships and disputes.
Enhance the overall performance and value of contracts.
Target Competencies
Contractual Knowledge and Compliance: Understanding legal frameworks and ensuring contract compliance.
Negotiation and Communication: Skills in negotiating contracts and effective stakeholder communication.
Risk Management: Ability to identify, assess, and mitigate contractual and commercial risks.
Commercial Strategy Development: Developing strategies for maximizing contract value and managing commercial relationships.
Dispute Resolution: Competence in managing and resolving disputes efficiently.
Outlines
Foundations of Contract and Commercial Management
Introduction to Contract Management Principles
Legal Fundamentals and Compliance in Contracting
The Role of Commercial Management in Business Strategy
Understanding Contract Lifecycle Management
Ethical Considerations in Contracting
Effective Negotiation and Stakeholder Communication
Negotiation Techniques for Contract Professionals
Building and Maintaining Strong Commercial Relationships
Communication Strategies for Managing Stakeholder Expectations
Tools and Techniques for Conflict Resolution
Best Practices in Documentation and Record Keeping
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