Class Details
Contract Management Course: Fundamentals
Course summary
In this contract management fundamentals course, you will gain the concepts, skills and knowledge required to manage the implementation, management, monitoring and closing of contracts. You will gain an understanding of the contract lifecycle and explore how to establish effective contracts, manage the contract relationship, monitor performance and deal with issues and challenges, so that your organisation acquires services or products at a fair price with agreed quality.
Aims
This course aims to provide you an overview of the contract management lifecycle, enabling you to confidently manage this process on behalf of your organisation.
Learning outcomes
By the end of this course, you should be able to:
- describe the fundamental concepts underpinning contract management
- explain the contract lifecycle
- identify and manage contract risk
- identify contract requirements
- monitor and review contract performance
- resolve conflict
- identify how to manage variations.
Content
Contract management
- The purpose, advantages and disadvantages of contracting
- Contract challenges
- Contract management lifecycle
Establishing contract requirements
- Identify requirements
- Contract risk assessment
- Contract management plan
The contract
- Valid contracts
- Statement of work
- Contract inclusions
- Selecting the right contractor
Contract management
- Initiating the contract
- Managing the relationship
- Managing performance
- Variations
- Negotiation
- Resolving disputes
Contract close
- What’s required to close a contract
- Lessons learned
- Reporting requirements
Who this course is for
Designed for anyone who is interested in the contract management lifecycle and in particular those employees who will be engaged in the process of identifying contract requirements, selecting appropriate contractors and managing the contract process. The course is suitable for those receiving contracts as well as those writing them, however two sections are specifically focused on the contract owner.
Who will benefit from this course:
- New or aspiring contract managers/administrators
- Team leaders in a procurement/purchasing environment
- Project team members
- Administrators of purchasing and procurement activities
- Managers and supervisors who manage contractors
Prerequisites
None
Delivery modes
- Face-to-face, presenter-taught training
- Online training via the platform Zoom
Delivery style
- interactive presentations
- group work and discussion
- structured contract management activities
- contract based case studies.
Materials
All course materials are provided electronically using Dropbox.
Sessions
Location
Face-to-face (CCE Building, Sydney)
Public transport
As bus and train timetables regularly change, we suggest you visit the Transport for NSW trip planner before you set out.
The nearest train stations are Newtown Station and Macdonaldtown Station. Macdonaldtown Station is closer by distance than Newtown Station, however trains do not stop as frequently as at Newtown Station.
Other information
Parking
Nearby parking is available at Wilson Parking - RPA Medical Centre Car Park (entry via Elizabeth Street off Carillon Avenue).
A Flexi Saver Rate is available but must be booked in advance online and includes the booking fee. Bookings can be made via the Wilson website or by downloading the Wilson Parking App. Otherwise, hourly parking rates will apply, as advertised on the Wilson Parking website.
Meet the facilitators
Kerrie Yates
Kerrie Yates is an experienced Training and Development Consultant with over two decades in the field. She specialises in crafting strategies, delivering targeted training, creating assessment tools, and providing mediation services for a variety of organisations in both the public and private sectors. Her expertise includes change management, workplace health and safety, performance management, and workplace relations.
Kerrie has worked with clients from various industries, including government, telecommunications, technology, automotive, construction, and healthcare. She is committed to understanding and addressing the unique needs of each organisation, fostering long-term relationships, and developing effective organisational development strategies.
