So, what happens after the contract is won? This is where the hard work really starts. Find out about all the fundamentals of contract management. In this course, you'll learn how to manage relationships, ensure effective delivery, and mitigate the main risks. You'll dive into the step-by-step process of delivering each stage of a contract, and think about how you can manage your relationship with the buyer throughout each stage. You'll review the contractual and administrative details you'll encounter, and what risks may arise as you work through these details.
At the end of this course, learners will…
Understand and be able to explain the following key points…
The four key elements of contract management
The six stages of contract delivery
What key performance indicators will support your outcomes
The steps for closing out a contract
Be able to use the following skills, tools, processes, procedures…
Outline your approach to managing projects and contracts
Draft a mobilization plan for your service
Assess how you can build a good relationship with the buyer
Complete a contract administration checklist that covers what you'll need to have in place
Identify the key risks to your organization and fill out a risk management template
Actually do the following tasks…
Plan your delivery management strategy to ensure quantity and quality and to stick to your timelines
Conduct relationship management to prevent and resolve problems, and to identify opportunities for improvement
Perform contract administration to outline procedures, regular activities, and documentation
Manage risks by identifying potential hazards and outlining a plan to control them
Maximize your chance of impressing the buyer and winning future contracts
Last Updated: February 15, 2019
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