Rathinam-SkillX - Contract Management
SKILLX



Contract Management
Categories:
Green Skill
Best Seller
Description

Contract Management Professionals enforce contracts within the boundaries of legal scrutiny including a techno legal perspective of contracts and rules for negotiating and settling contractual disputes, both during contractual period and legal proceedings. The course is therefore outlined to train them to achieve goals by creating and maintaining strong relationships with suppliers and contractors to draft, evaluate, negotiate and execute contracts, manage record keeping for all contractual correspondences and communicate contract related information to all stakeholders.

Curriculum

Module 1 : Introduction to Contract Management

Description

This unit deals with understanding basic components for successful contracts, commercial relationships and pitfalls to avoid.

Scope

Understanding Contract Management 

Introduction to RFIs (Request for Information) and RFPs (Request for proposals).

Detailed Project reports (DPRs)-Necessity and Preparation

Fundamentals of Contract- Legal, technical and functional.

Legal Provisions governing contracts.

Module 2 : Principles Of Contract Management

Description

This unit is about understanding attributes of successful contracts. It is also about understanding customers and designing a business case for subsequent delivery and support system around their needs.

Scope

Models of Contracting. 

Defining objectives of the contract. 

Documenting functional requirements of the project

Module 3 : Contract Management : Risk and Mitigation Strategies

Description

This unit introduces the student to contractual risks and its management. Risk management aims at   

Identification, assessment and prioritisation that will avoid adverse effects on organisations.

Scope

Overview of Risk assessment in CM: Risk Identification

Mitigation Strategies for Risks in Contracting 

Understanding conflicting causes in contracts     

Group activity

Learning Outcomes

  • Strategic and Practical insights in concepts of Contract Management.
  • Understand components of the contract and process from need analysis to closure. 
  • Understanding contracts implementation and enforcement.

Who Should Attend?

  • Bachelor of Engineering in Civil / Construction Management 
  • Bachelor of Commerce / Bachelor of Business Administration
  • Master of Business Administration / Commerce

Job Prospects

  • Contracts  Manager
  • Site Administrator
  • Contracts Administrator
  • Contracts Executive
  • Finance specialist
  • Contract/Billing analyst

Certification

After completing this course and successfully passing the certification examination, the student will be awarded the “Contract Management” certification.

If a learner chooses not to take up the examination, they will still get a 'Participation Certificate'

Faculty Profiles
Frequently Asked Questions