Executive Development Programme Contract Management for a Competitive Edge
-- ViewingNowThe Executive Development Programme in Contract Management for a Competitive Edge is a certificate course designed to enhance your skills in contract management, offering a competitive edge in the industry. This program emphasizes the importance of effective contract management in business success, and how it contributes to organizational growth.
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โข Contract Negotiation: This unit will cover the negotiation process, strategies, and techniques to ensure a win-win situation for both parties, emphasizing the importance of clear communication, active listening, and identifying key negotiation points.
โข Contract Drafting: This unit will focus on best practices in contract drafting, including identifying essential elements, defining terms, and ensuring compliance with legal requirements. It will also cover the importance of plain language and clarity in contract drafting.
โข Risk Management: This unit will explore risk identification, assessment, and mitigation strategies in contract management. It will cover topics such as force majeure, indemnification, and insurance.
โข Performance Monitoring: This unit will cover the importance of monitoring contract performance, including setting performance metrics, tracking progress, and addressing deviations. It will also cover performance-based incentives and penalties.
โข Dispute Resolution: This unit will explore different dispute resolution mechanisms, such as negotiation, mediation, arbitration, and litigation. It will cover the advantages and disadvantages of each mechanism, as well as strategies for effective dispute resolution.
โข Vendor Management: This unit will cover best practices in vendor management, including selecting, evaluating, and managing vendors to ensure compliance with contract terms and performance standards.
โข Contract Termination: This unit will explore the different types of contract termination, such as termination for cause, termination for convenience, and termination due to bankruptcy. It will cover the legal and financial implications of each type of termination and strategies for effective termination.
โข Contract Compliance: This unit will cover the importance of contract compliance, including identifying compliance requirements, monitoring compliance, and addressing non-compliance. It will also cover the legal and financial implications of non-compliance.
โข Contract Lifecycle Management: This unit will provide an overview of the entire contract lifecycle, from initiation to closure. It will cover the interrelationships between different stages of the contract lifecycle, as well as best practices for effective contract management.
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