Description
Course Objectives
By the end of the program, students will:
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Understand the legal and commercial principles of contract management.
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Develop skills in drafting, reviewing, and negotiating contracts.
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Learn best practices in contract administration and compliance.
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Gain expertise in risk management and dispute resolution.
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Apply ethical and regulatory standards in contract management.
Course Modules / Syllabus
1. Introduction to Contract Management
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Basics of contracts and their importance in business
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Types of contracts (e.g., fixed-price, cost-plus, time & materials)
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Key stakeholders in contract management
2. Contract Law & Legal Framework
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Elements of a valid contract (offer, acceptance, consideration)
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Contract formation and enforceability
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Common legal issues in contracts
3. Contract Drafting & Negotiation
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Key clauses in contracts (payment terms, warranties, liabilities, termination)
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Negotiation strategies and techniques
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Avoiding ambiguities and loopholes
4. Contract Administration & Performance Management
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Monitoring contract compliance
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Handling variations and amendments
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Performance evaluation and KPIs
5. Risk Management in Contracts
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Identifying and mitigating contractual risks
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Insurance and indemnity clauses
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Force majeure and contingency planning
6. Dispute Resolution & Conflict Management
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Common causes of contract disputes
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Mediation, arbitration, and litigation
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Alternative Dispute Resolution (ADR) methods
7. Procurement & Tendering Processes
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Bidding and tender evaluation
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Supplier selection and contract awarding
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Public vs. private procurement
8. Ethics & Compliance in Contract Management
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Anti-corruption and fraud prevention
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Regulatory compliance (local & international)
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Corporate social responsibility in contracts
Career Opportunities
Graduates can pursue roles such as:
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Contract Manager / Administrator
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Procurement Officer
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Commercial Manager
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Tendering Specialist
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Legal Contract Advisor
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Project Manager (with contract oversight)
Entry Requirements
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High school diploma or equivalent (some institutions may require prior work experience)
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Basic understanding of business/legal concepts (advantageous but not mandatory)
Assessment & Certification
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Assignments, case studies, exams, and/or a final project
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Diploma awarded upon successful completion
Why Choose This Course?
✔ Industry-relevant skills for high-demand jobs
✔ Practical training with real-world case studies
✔ Enhances career prospects in procurement, law, and project management
