In this program you will
This program covers the Best Practices in Quality Assurance and Improvement as Applied to Contract Management. Program Content includes Examining and Discussion of the purpose, requirements and conditions of contracts, including contracts for supply, maintenance and construction work. Reviewed the skills needed to award and manage contracts effectively, whether these contracts are related to projects or the purchase of products and services.
You will learn about the Best Worldwide Practices in Contract Administration
If we ever want to achieve excellence in contract management, we must start thinking of it as a distinct business process and equipping it accordingly.
In many organizations, contract management is seen as a sub-element of other processes or disciplines – procurement, project management, legal. This fragmentation means that it is generally inefficient and ineffective – leading to the revenue and value erosion identified in multiple research studies.
Of course, some organizations have awakened to this issue and invested heavily in building their contracting competence. They have realized that the goal of sales and acquisition processes is to generate successful contracts. In other words, contracts are the core business asset and sales and procurement activities are the means to achieving them.