It is easy to overlook the importance of contract management because it seems to be a boring, mundane topic. Contracts, however, are the basis of most business relationships. If contracts are managed well, business relationships will flourish. If they are not, companies face financial loss, relationship harm, and damaged reputations.
With our course, your participants will learn the insides and outs of Contract Management. Contracts are made with vendors, employees, customers, and partnerships, and these agreements must be managed carefully. In order to effectively implement Contract Management, it is necessary to understand all the small details, and that is what you get with this workshop.
Course Outline:
Module One: Getting Started
• Icebreaker
• Housekeeping Items
• The Parking Lot
• Workshop Objectives
Module Two: Defining Contract Management
• What is Contract Management?
• Contract Types
• Contract Elements
• Risks of Poor Contract Management
• Case Study
• Module Two: Review Questions
Module Three: Legal and Ethical Contract Management
• Contract Law I
• Contract Law II
• Defining Ethical Contract Management
• Ethical Breaches
• Case Study
• Module Three: Review Questions
Module Four: Contract Management Requests
• Choosing Potential Bidders
• RFPs and Technology
• Calculating Value
• Making a Choice
• Case Study
• Module Four: Review Questions
Module Five: How to Create a Contract
• Templates and Software
• Compliance
• Wording
• Risks of Noncompliance
• Case Study
• Module Five: Review Questions
Module Six: Contract Negotiations
• Be Prepared
• Prioritize Terms
• Remain Professional
• Execute the Contract
• Case Study
• Module Six: Review Questions
Module Seven: Assess Performance
• What Performance Can Be Assessed
• Creating Metrics
• Measuring Performance
• Improving Performance
• Case Study
• Module Seven: Review Questions
Module Eight: Relationships
• Qualities of Effective Relationships
• Relationship Pitfalls
• Building Trust
• Maintaining Relationships
• Case Study
• Module Eight: Review Questions
Module Nine: Amending Contracts
• Redlines and Strikeouts
• Replacing Clauses
• Describing Amendments
• Amendment Status
• Case Study
• Module Nine: Review Questions
Module Ten: Conducting Audits
• Why Audit?
• Plan
• Establishing Procedures
• Investigate and Report
• Case Study • Module Ten: Review Questions
• Involve Stakeholders
• Review
• Check for Accuracy and Changes
• Update or Cancel
• Case Study
• Module Eleven: Review Questions
Module Twelve: Wrapping Up
• Words from the Wise
• Review of Parking Lot
• Lessons Learned
• Completion of Action Plans and Evaluations
After Checkout Check Your Email
Within 24 hours, you will receive a separate email from us.
This email will contain your login credentials (username and password) along with detailed instructions on how to access your training library.
What to Expect After Your Purchase
Step 1: Check Your Inbox
Within 24 hours, you’ll receive a confirmation email from us.
Inside, you’ll find:
- Your personal login credentials (username & password)
- Step-by-step instructions to access your training library
Step 2: Access Your Training Library
Once your email arrives:
- Follow the quick setup guide provided.
- Sign in using your new credentials.
- Instantly explore your courses, tools, and resources.
We’re Here for You
If you have questions—or if your login email hasn’t arrived within 24 hours—our support team is ready to help.
📩 Email us anytime at: employeeskilltraining@gmail.com
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