Contract Management
1.75 Credits
12 Lessons
Course Overview
Course Curriculum
12 lessons1Module 1: Introduction to Contract Management5 topics
- Introduction to Contract Management
- Contract Management Overview
- Objectives of Contract Management
- Importance of Contract Management
- Cycle of Contract Management
2Module 2: Basics of Contracts5 topics
- Basics of Contracts
- Definition and Purpose of Contracts
- Elements of a Contract
- Types of Contracts
- Common Contract Terms and Provisions
3Module 3: Contract Negotiation Preparation5 topics
- Contract Negotiation Preparation
- Identifying Stakeholders
- Defining Goals and Objectives
- Research and Information Gathering
- Developing a Negotiation Strategy
4Module 4: The Negotiation Process5 topics
- The Negotiation Process
- Negotiation Techniques and Tactics
- Effective Communication Skills
- Handling Objections and Conflicts
- Achieving Win-Win Outcomes
5Module 5: Legal Considerations in Contract Negotiation5 topics
- Legal Considerations in Contract Negotiation
- Understanding Legal Terms and Conditions
- Key Legal Concepts to Consider
- Compliance and Regulatory Issues
- Risk Management and Mitigation
6Module 6: Drafting the Contract5 topics
- Drafting the Contract
- Essential Components of a Contract
- Drafting Clear and Concise Terms
- Common Clauses and Their Importance
- Reviewing and Refining the Contract
7Module 7: Contract Review and Approval5 topics
- Contract Review and Approval
- Internal Review Processes
- Approval Chains and Sign-off Procedures
- External Review Considerations
- Finalizing the Contract
8Module 8: Contract Execution and Implementation5 topics
- Contract Execution and Implementation
- Formalizing the Agreement
- Execution Procedures
- Communicating the Contract Terms
- Implementing the Contract
9Module 9: Managing Contract Performance5 topics
- Managing Contract Performance
- Setting Performance Metrics and KPIs
- Monitoring Compliance and Performance
- Managing Changes and Amendments
- Addressing Non-Compliance
10Module 10: Dispute Resolution and Contract Termination5 topics
- Dispute Resolution and Contract Termination
- Identifying Potential Disputes
- Dispute Resolution Strategies
- Termination Clauses and Procedures
- Lessons Learned and Post-Contract Review
11Module 11: Advanced Contract Management Topics5 topics
- Advanced Contract Management Topics
- Technology in Contract Management
- Strategic Sourcing and Procurement
- International Contracts and Global Considerations
- Ethical Considerations in Contract Management
12Module 12: Case Studies and Practical Applications5 topics
- Case Studies and Practical Applications
- Real-world Contract Management Examples
- Case Study 1: Successful Negotiation
- Case Study 2: Dispute Resolution
- Case Study 3: Managing Contract Changes
What You'll Learn
- Comprehensive coverage of key HR concepts
- Practical applications and real-world scenarios
- Best practices and compliance requirements
Course Completion Award
Certificate of Completion
Downloadable PDF certificate
Categories
Business
Ready to earn your recertification credits?
Get unlimited access to this course and 65+ more HRCI & SHRM pre-approved courses.