Course Benefits: As contracts continue to be the foundation of business relationships, organizations need to implement effective contract management practices to avoid risk and achieve optimal outcomes. This course provides you with the knowledge and skills to successfully manage and execute the contracting process. Throughout the course, you learn how to implement the contract life cycle and avoid common pitfalls. You Will Learn How To ï· Apply effective contracting strategies and techniques to maximize results and minimize risk ï· Manage an effective contract life cycle ï· Identify strategies and tactics to select the most qualified vendors ï· Orchestrate the negotiation process for "win-win" outcomes ï· Employ best practices for contract administration and execution ï· Ensure delivery of intended objectives and successful contract closure Who Should Attend Project managers, contract managers and other professionals involved in the contract management life cycle. This course benefits all stakeholders involved in the buying and selling roles.