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Introduction to Contract Management- Virtual Training


Practical Training for Professionals

Summary

Price
£336 inc VAT
Study method
Online + live classes
Duration
1 day · Full-time
Qualification
No formal qualification
Additional info
  • Tutor is available to students

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Overview

In this age of austerity and financial cut-backs, managing contracts effectively is vital for the success of any organisation, whether in the public, private or voluntary sector.

The aim of this one-day course is to enable those who are either new to a contract management role or who find themselves currently in a contract management position, to hone and develop their skills to manage contracts more effectively.

The course focuses on how to address poor performance using common contractual remedies and how to effect change and variation through contract mechanisms; We will explore what skills and knowhow are necessary to incentivise performance in accordance with the contract specification. Practical tips and knowhow will be passed on to enable you to fully utilise the range of options available to incentivise performance and drive out value for money.


The course will highlight contract management best practice and will invite delegates to contribute their own experience to further develop and enshrine appropriate contract management styles and techniques.

Description

Introduction to Contract Management- Virtual Training - Timetable

09:30 - 10:00 Coffee & Course Objectives

10:00 - 10:30 What are the Core Principles of Good Contract Management?

10:30 - 11:00 How can we harness efficiency and secure value for money through managing contracts well?

11:00 - 11:15 Coffee

11:15 - 12:30 Key Contract Management Tools: How do I get the best from my staff to deliver contracts effectively? Are the right people with the right skills in place throughout the contract term?

12:30 - 13:30 Lunch

13:30 - 14:30 Understanding the contract and associated mechanisms e.g. how the payment regime works Variation and change; what the key deliverables are and what the timetables are for delivery; who does what by when?

14:30 - 15:00 Key Management Roles and responsibilities: Communications - Who monitors what and how often; what are the remedies for poor/non-performance; What was specified and is performance meeting, exceeding the spec?

15:00 - 15:15 Tea

15:15 - 16:00 Understanding and managing risk in the context of a contract – what are the escalation processes if things go wrong? What are the exit routes? What are the remedies and costs of early termination?

16:00 - 16:30 Summary & Action Plans Agreed

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.