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SC-204

Contract Management & Negotiation

Negotiate and manage contracts with confidence

Intermediate Online 5 weeks 25 CPD Hours

Master the art of contract management and commercial negotiation, covering the full contract lifecycle, risk allocation, claims, and vendor performance management.

Learning Outcomes

  • Manage the full contract lifecycle from creation to close-out
  • Draft and review commercial contracts with key protective clauses
  • Negotiate favourable contract terms using proven strategies
  • Manage claims and disputes through appropriate resolution mechanisms

Course Modules

End-to-end contract management from initiation to close-out.

Key contract clauses, legal terminology, and drafting best practices.

Negotiation planning, tactics, and closing strategies for contracts.

Identifying and allocating risks through contract terms and insurance.

Managing claims, mediation, arbitration, and dispute resolution mechanisms.

KPIs for vendors, scorecards, and performance improvement processes.

Assessments

Project
Contract Negotiation Simulation

Participate in a simulated multi-party contract negotiation.

50%
Assignment
Contract Review & Risk Analysis

Review a sample contract and identify risks and improvement areas.

30%
Quiz
Contract Management Quiz

Assessment on contract lifecycle, clauses, and dispute resolution.

20%