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Introduction to Contract Management


Practical Training for Professionals

Summary

Price
£516 inc VAT
Study method
Classroom
Duration
1 day · Full-time
Qualification
No formal qualification
Additional info
  • Tutor is available to students

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Location & dates

Location
Address
Somerset House
Temple Street
BIRMINGHAM
West Midlands
B25DP
United Kingdom
Address
EEF Venues
Clifton Down
Bristol
Avon
BS83NB
United Kingdom
Address
Cheadle House
Cheadle Royal Business Park
Cheadle
Cheshire
SK83FS
United Kingdom
Address
&Meetings
150 Minories
City of London
London
EC3N1LS
United Kingdom

Overview

In this age of austerity and financial cut-backs, managing contracts effectively is vital for the success of any organisation, whether in the public, private or voluntary sector.

The aim of this one-day course is to enable those who are either new to a contract management role or who find themselves currently in a contract management position, to hone and develop their skills to manage contracts more effectively.

The course focuses on how to address poor performance using common contractual remedies and how to effect change and variation through contract mechanisms; We will explore what skills and knowhow are necessary to incentivise performance in accordance with the contract specification. Practical tips and knowhow will be passed on to enable you to fully utilise the range of options available to incentivise performance and drive out value for money.


The course will highlight contract management best practice and will invite delegates to contribute their own experience to further develop and enshrine appropriate contract management styles and techniques.

Description

Introduction to Contract Management - Timetable

09:30 - 10:00 Coffee & Course Objectives

10:00 - 10:30 What are the Core Principles of Good Contract Management?

10:30 - 11:00 How can we harness efficiency and secure value for money through managing contracts well?

11:00 - 11:15 Coffee

11:15 - 12:30 Key Contract Management Tools: How do I get the best from my staff to deliver contracts effectively? Are the right people with the right skills in place throughout the contract term?

12:30 - 13:30 Lunch

13:30 - 14:30 Understanding the contract and associated mechanisms e.g. how the payment regime works Variation and change; what the key deliverables are and what the timetables are for delivery; who does what by when?

14:30 - 15:00 Key Management Roles and responsibilities: Communications - Who monitors what and how often; what are the remedies for poor/non-performance; What was specified and is performance meeting, exceeding the spec?

15:00 - 15:15 Tea

15:15 - 16:00 Understanding and managing risk in the context of a contract – what are the escalation processes if things go wrong? What are the exit routes? What are the remedies and costs of early termination?

16:00 - 16:30 Summary & Action Plans Agreed

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