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Contract Management
Contract Management
Date:
16 Sep 2020
Price:
R 10400.00
Brief Description
The course in Contract Management is ideal if you seek to acquire the necessary practical skills in effectively managing and administrating contracts for goods and services. Contract management refers to the process of systematically and efficiently managing contract creation, execution and analysis for the purpose of maximizing financial and operational performance, while minimizing risk. Gain an overview of the fundamentals of contract law and contract management from a supply chain management perspective.  Learn the basics of what it takes to solicit, procure, negotiate and administer contracts and subcontracts while gaining a broad understanding of business principles to establish long-term relationships with customers, suppliers and other stakeholders. This course will equip you with an understanding of the principles of contract management.  This course is for people working in large or small organisations, government and commercial entities, or as entrepreneurs. It will benefit those working as contract administrators, subcontractors, procurement managers, project managers and others who wish to enter the field. 
Learning Outcomes
After successfully completing the course, you will be able to
  • understand basic contract law in South Africa
  • understand contract management terminology
  • plan and organise contracts for goods and services define the scope of work, process, agreement and management philosophy
  • direct and control the contract administration
  • negotiate contracts and terms
  • evaluate, negotiate and enforce service level agreements, and
  • renegotiate and/or terminate contracts.
Course Content
Part 1:   Law of contract
  • Theme 1: Introduction to the South African Legal system
  • Theme 2: Basic concepts and terms of a contract 
  • Theme 3: Requirements of a valid contract
  • Theme 4: Breach of a contract
  • Theme 5: Remedies of breach
  • Theme 6: Drafting
Part 2:   Contract management
  • Theme 1: Introduction to contract management
  • Theme 2: Contracts in the supply chain and supplier relationships
  • Theme 3:The Contract deliverables
  • Theme 4: Term of a Contract
  • Theme 5: Compensation
  • Theme 6: Dispute Prevention
  • Theme 7: Service Level Agreements
  • Theme 8: Negotiations
  • Theme 9: Managing the contract process and life cycle
     
Entry Requirements
Prospective delegates should at least have a National Senior Certificate (Grade 12) or equivalent qualification.
Course Number:
P000287
Catalogue and Category:
Business Management and Entrepreneurship
Who Should attend:
This course is ideal for you if you are employed as a contract or commercial manager, legal officer, engineering, risk or project manager, financial controller or accountant, small business owner, export manager, or a buyer.
Delivery Mode:
Contact Sessions
Contact Days:
Total Notional Hours: