A major portion of every organization’s operating cost is spent on outside goods and services.  Based on this fact, executive management everywhere is determining that Procurement and Contracts must emerge as a core competency of all those involved in the acquisition of equipment, materials, and services if organizations are to lower operating cost and improve productivity. 

The 3 Phases of Contract Management training course is designed to explore many of the best practices in the three major phases of the contract life cycle:  Pre-Contract, Contract Execution, and Post Award. 

Included in the vast number of topics that brings increased professionalism and high standards to these important activities are:

• Elements of a good procurement and competitive bidding process
• The strategic role of procurement and contracts
• Types of contracts and contract strategies
• Developing tender evaluation criteria
• Contract terms and conditions
• Evaluating pricing
• Negotiation preparation

Training Objectives

• Learn how to set and maintain high standards in procurement
• Be given the elements of good procurement process
• Develop methods of applying Total Cost of Ownership
• Learn methods of tender evaluation
• Review contract strategies
• See examples of important contract clauses
• Explore issue of successful contract administration
• Understand remedies in case of breach of contract and standard approaches to claims and dispute resolution

Course Booking

Please use the “book now” or “inquire” buttons on this page to either book your space or make further enquiries.