Training on Contract Management

Overview

What you will learn

• Importance of contracts in procurement.
• Legal frameworks and key components of procurement contracts.
• How to create a procurement strategy
• How to create a procurement contract

Course Duration

5 days

What you will learn

Course Outline

Role and Value of Procurement Contracts:

• Definitions
• Relationships
• Importance

Creation of a Procurement Contract:

• Agreement
• Consideration
• Intent

People and Authority:

• Principals
• Agents
• Third parties
• Privacy

Legal Concepts of Procurement Contracts:

• Framework
• Key components

Procurement Contract Construction:

• Essential clauses
• Misrepresentation
• Breach
• Damages
• Exemption Clauses

Managing the Procurement Contract:

• Vitiation
• Mistakes
• Misrepresentation
• Discharging a contract

The Procurement Contract in Context:

• Strategy
• Processes
• Options
• Tendering process
• Evaluation

Procurement Strategy:

• Principles
• Risk
• Costing models
• Supply chains
• Intellectual property rights

Solicitation:

• Planning
• Source selection
• Administration
• Documentation
• Closure 

Training Approach

This course is delivered by our seasoned trainers who have vast experience as expert professionals in the respective fields of practice. The course is taught through a mix of practical activities, theory, group works and case studies.

Training manuals and additional reference materials are provided to the participants.

Certification

Upon successful completion of this course, participants will be issued with a certificate.

Tailor-Made Course

We can also do this as tailor-made course to meet organization-wide needs. Contact us to find out more:  [email protected]