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Effective Contract Management

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A highly practical 1 day course, helping you to effectively manage and
administer contracts to ensure a successful outcome for all parties.

Open courses for individuals or bespoke courses for groups.
Choose from an In-Person or a Virtual Classroom course.

Upcoming Open Courses for Effective Contract Management

  • 28
    Sep

    Effective Contract Management - Virtual Classroom

    1 day, 09:30 AM - 05:00 PM
    Online
    Effective Contract Management
    • £699.00 excl. VAT
  • 28
    Sep

    Effective Contract Management - Virtual Classroom

    1 day, 09:30 AM - 05:00 PM
    Online
    Effective Contract Management
    • £699.00 excl. VAT

Course Details

Duration

1 day

What is this course about?

No contract will be successful unless it is underpinned by sound contract management and administration. More often than not it is the support team involved in the background of a contract that ensures it is a success. This course will help you to understand how the effective management and administration of a contract can deliver the goals it set out to achieve.

This practical training programme will help delegates to apply a systematic and logical approach to managing and implementing a contract after it has been signed. The course will ensure that you and your team(s) are confident of what is required of you, and all parties involved in the contract, to satisfy the legal obligations laid out in the contract whilst minimising risk and delivering a successful outcome every time.

The course is delivered using an interactive approach with exercises, case scenarios and examples used throughout. There are plenty of opportunities for discussion and questions and answers during the training.

Key topics covered

  1. Effective Contract Management
  2. Understanding the legal environment
  3. Effective negotiation techniques
  4. Risks, rules and relationships
  5. Effective administration techniques
  6. Conclusion and summary

Who would benefit?

  • Project Managers and Executives
  • Contract Managers
  • Contract Engineers
  • Purchasing Managers and Executives
  • Sales Managers and Executives
  • Commercial Managers and Executives

Objectives

At the end of the course delegates will:

  • Understand what makes an effective contract manager
  • Understand legal terminology and its commercial implications
  • Be able to dramatically reduce the chances of contract pitfalls
  • Know how to conduct a thorough risk analysis of contracts
  • Understand the legal consequences of their own actions
  • Be able to negotiate more effectively
  • Recognise the contribution that good contract administration can deliver
  • Minimise contractual risk throughout the contract
  • Manage change during the contract from a risk and legal perspective

Duration

1 day

What is this course about?

No contract will be successful unless it is underpinned by sound contract management and administration. More often than not it is the support team involved in the background of a contract that ensures it is a success. This course will help you to understand how the effective management and administration of a contract can deliver the goals it set out to achieve.

This practical training programme will help delegates to apply a systematic and logical approach to managing and implementing a contract after it has been signed. The course will ensure that you and your team(s) are confident of what is required of you, and all parties involved in the contract, to satisfy the legal obligations laid out in the contract whilst minimising risk and delivering a successful outcome every time.

The course is delivered using an interactive approach with exercises, case scenarios and examples used throughout. There are plenty of opportunities for discussion and questions and answers during the training.

Who would benefit?

  • Project Managers and Executives
  • Contract Managers
  • Contract Engineers
  • Purchasing Managers and Executives
  • Sales Managers and Executives
  • Commercial Managers and Executives

Objectives

At the end of the course delegates will:

  • Understand what makes an effective contract manager
  • Understand legal terminology and its commercial implications
  • Be able to dramatically reduce the chances of contract pitfalls
  • Know how to conduct a thorough risk analysis of contracts
  • Understand the legal consequences of their own actions
  • Be able to negotiate more effectively
  • Recognise the contribution that good contract administration can deliver
  • Minimise contractual risk throughout the contract
  • Manage change during the contract from a risk and legal perspective

Key topics covered

This course will cover the following topics:

1. Effective Contract Management

  • Company objectives
  • Commercial awareness
  • Commercial management
  • Getting the “soft side” right – building relationships
  • Vital skills and expertise
  • Deciding the right priorities including who to contract with

2. Understanding the legal environment

  • Basic legal principles
  • Heads of Agreement and letters of intent
  • Non-disclosure agreements
  • Signing the contract
  • Enquiries and tenders
  • Statute law affecting contracts
  • Defects, negligence and lateness

3. Effective Negotiation Techniques

  • Using real-life examples provided by the attendees

4. Risks, rules and relationships

  • Risk analysis
  • Managing change during the operation of the contract
  • Political, environmental and physical factors
  • Financial and technical risks
  • Pre-contract risk planning
  • Post-contract risk management
  • Off-loading or sharing risk
  • Artificial Intelligence and risk

5. Effective administration techniques

  • What is the purpose of the contracts function?
  • The extent of its involvement; what is needed?
  • The culture of the enterprise
  • Terms of reference
  • Early warning systems
  • Some maxims of contract administration
  • Post-mortems
  • Getting known and respected

6. Conclusion and summary

  • Summary of best practice in contract management and administration
  • Applying the learning from the day
  • Questions and answers

 

Download Programme

Effective Contract Management – Open Course

We run the Contract Management course regularly throughout the year.

Click on any of the dropdown items below to find out more about our Contract Management open course.

You can view full booking terms and conditions here.

If you would prefer to, or if your question is not answered below, you can just pick up the phone and call us on 020 3582 7225 or email [email protected].

Frequently Asked Question's

When is the next course and how do I book?

At the top of this page you will find the next three courses we are offering. Click on “all courses” to see the full schedule for the year.

How much does it cost?

This one-day virtual training programme is priced at £699 +VAT per delegate.

You can pay for the course by credit card or request an invoice.

Where is the course being held?
This training programme will be taking place as a virtual classroom event.
How many people attend the course?
  • We never have more than 12 delegates attending any of our virtual classroom events.
  • We also only allow a maximum of 4 delegates from the same organisation to attend the course
What time does the course start and finish?
All our virtual classrooms begin at 9.30am and training ends no later than 5pm.
I can't make the next date, do you have other dates planned in?
Yes. We run this course regularly throughout the year. The next three courses are displayed at the top of the page. Click on “all courses” to see the full schedule for the rest of the year.
What is the dress code?
There is no strict dress code for our events – please feel whatever you feel most comfortable in for learning. As a guide, most of our delegates choose a ‘smart casual’ attire.
I am not sure this course is right for me, can I discuss it with someone prior to booking?

By all means, please call us on 020 3582 7225 or send an email to [email protected].

Alternatively you can click on the big red enquiry button at the top of the page to send us a message.

Do you offer this course in-company?

We can deliver this course for your organisation / team using your own contracts to bring the course to life. Simply call us on 020 3582 7225 or send an email to [email protected].

Alternatively you can click on the big red enquiry button at the top of the page to send us a message.

In-company training

Are you interested in running this course for your team or organisation?

Our contract management courses can be delivered on an in-company basis for up to 15 people.

All in-company courses are tailored to meet the unique circumstances of the client organisation and delegates. We will take as much time as necessary upfront to understand your contract challenges and the scenarios which will be most relevant to your delegates.

We can put the focus on any area of contract management and make reference to your contracts throughout the course.

On an in-company basis delegates get the opportunity to spend time consulting with one of the UK’s leading contract management practitioners on what managing contracts means to them and their organisation.

From the outset we will provide you with expert advice and you will be assigned your own personal training adviser who will stay with you throughout the process.  Every team is different so we will provide you with a tailored training programme, designed around your team’s needs and focused on your desired outcomes.

All courses are followed up by a full training evaluation report and certificates of learning for each delegate.  For groups of up to 15 delegates per course, our in-company training is a very cost-effective way to develop your people and improve team performance.

Get in touch today for a full quotation to suit your budget.  To discuss your requirements in more detail with one of our friendly advisers please call on 020 3582 7225 or email one of the team at [email protected].

Case Study

As a professional handling contracts daily, you may find yourself navigating complex legal terms without any formal training in contract law.

This case study explores how our 1-Day Fast Track Course empowered non-legal professionals to confidently manage and understand contracts, reducing risks and improving outcomes in their respective roles.

Bespoke Courses

In-company training for groups

This course is available as a bespoke programme using your own contracts.

Courses can be run at a venue of your choice and on a date of your choice.

Find out more

Contract Checklist

Is your contract ready? Download our “know your contract checklist”, a series of 30 key questions that you can use to evaluate whether any business contract is good to go.

Covering everything from defining the contract, statements and promises, performance and procedures through to remedies and risks.

Download Checklist

Related Courses

upcoming courses

Get in touch

We would love to discuss your current training requirements in more detail. Call us on +44 (0)20 3582 7225, send an email to [email protected] or fill out the short form below.