- Course Objectives
Contract Management
Program Overview
Program Content
Instructors
It is easy to overlook the importance of contract management because it seems to be a boring, mundane topic. Contracts, however, are the basis of most business relationships. If contracts are managed well, business relationship will flourish. If they are not, companies face financial loss, relationship harm, and damaged reputations.
INTRODUCTION
Module 1
- Defining Contract Management
- What is Contract Management?
- Contract Types
- Contract Elements
- Risks of Poor Contract Management
- Knowledge Check
Module 2
- Legal and Ethical Contract Management
- Contract Law (I)
- Contract Law (II)
- Defining Ethical Contract Management
- Ethical Breaches
- Knowledge Check
Module 3
- Contract Management Requests
- Choosing Potential Bidders
- RFPs and Technology
- Calculating Value
- Making a Choice
- Knowledge Check
Module 4
- How to Create a Contract
- Templates and Software
- Compliance
- Wording
- Risks of Noncompliance
- Knowledge Check
Module 5
- Contract Negotiations
- Be Prepared
- Prioritize Terms
- Remain Professional
- Execute the Contract
- Knowledge Check
Module 6
- Assess Performance
- What Performance Can Be Assessed
- Creating Metrics
- Measuring Performance
- Improving Performance
- Knowledge Check
Module 7
- Relationships
- Qualities of Effective Relationships
- Relationship Pitfalls
- Building Trust
- Maintaining Relationships
- Knowledge Check
Module 8
- Amending Contracts
- Redlines and Strikeouts
- Replacing Clauses
- Describing Amendments
- Amendment Status
- Knowledge Check
Module 9
- Conducting Audits
- Why Audit?
- Plan
- Establishing Procedures
- Investigate and Report
- Knowledge Check
Module 10
- Renewing Contracts
- Involve Stakeholders
- Review
- Check for Accuracy and Changes
- Update or Cancel
- Knowledge Check
ASSESSMENT
- Post Test
Mena Center
Training Programs: 62
Students: 69
Email: s.maiteh@menatech.edu.jo
