Contract Management

Contractors and vendors more often, in response to a highly volatile and uncertain external business environment default to per-agreed service levels.   The need to devise a methodological approach to identifying these risks and cost drivers at the pre-contract phases becomes pertinent. This will contribute immensely to reduced levels of variations and/or claims leading to poor contract performance.

Effectively contracting with suppliers and vendors requires effective drafting, monitoring and controlling certain service level agreements. Beyond this, effective negotiation is required for gaining value for money. In the same way a lawyer wins a case through gathering case scenarios at the chambers and not the’’ court room’’, this course enables participants to efficiently plan and execute contract negotiations towards win-win outcomes.

Supplier appraisal and drafting of vendor rating/assessment KPIs will also be presented in a highly interactive manner through case studies.

Target Audience

• Procurement Staff
• Finance Staff
• Mid to Senior Executive Management
• Risk management staff
• Technical/QA/QC staff
• Contract Administrators
• Engineering /Technical Staff
• Legal Departmental Staff
• Project Managers
• Strategic Vendors