Corporate Training
Course Category
CMPP
Contract Management Principles & Practices
Course Methodology
This course provides a comprehensive understanding of contract management principles and practices. It covers the complete contract lifecycle—from contract planning and drafting to execution, performance monitoring, and closure. Students will learn how to manage contracts effectively, mitigate risks, negotiate terms, and ensure compliance with legal and regulatory requirements. The course incorporates real-world case studies, practical exercises, and interactive discussions to help students master key contract management skills.
Course Objectives
Upon completing this supply chain certification, participants will be able to:
Target Audience
N/A
Target Competencies
CMPP
Contract Management Principles & Practices
Introduction
Contract Management Principles & Practices
Module 1
Learning Activities: Lecture, Case Study on Contract Management Failures
- Overview of Contract Management
- The Importance of Contracts in Business
- Types of Contracts: Fixed-Price, Cost-Reimbursable, Time & Materials
- Contract Lifecycle: Planning, Formation, Execution, Closure
Module 2
- Contract Requirements and Scope Definition
- Drafting Clear and Effective Contracts
- Key Clauses in Contracts (Scope, Payment Terms, Warranties, Termination)
- Common Contractual Pitfalls and How to Avoid Them
- Learning Activities: Group Activity on Drafting Contract Clauses, Peer Review
- Assessment: Individual Assignment on Contract Drafting (15%)
Module 3
Learning Activities: Guest Lecture by Legal Expert, Case Study Analysis
- Key Legal Concepts: Offer, Acceptance, Consideration, Capacity
- Contract Law and Applicable Regulations
- Managing Breach of Contract and Remedies
- Dispute Resolution and Arbitration
Module 4
Assessment: Role-Playing Exercise (15%)
- Preparing for Negotiations
- Essential Negotiation Techniques and Tactics
- Managing Complex Negotiations
- Cross-Cultural Negotiation Considerations
- Learning Activities: Mock Negotiation Exercise, Role-Playing Scenarios
Module 5
- Contract Administration Processes and Tools
- Monitoring Contract Performance
- Change Management and Amendments
- Managing Supplier Relationships and Dispute Resolution
- Learning Activities: Practical Exercise on Performance Monitoring
- Assessment: Group Project on Contract Administration (20%)
Module 6
Learning Activities: Research-Based Presentation on Contract Risks and Compliance
- Identifying and Managing Contract Risks
- Regulatory and Compliance Requirements
- Ethical Issues in Contract Management
- Emerging Trends: Technology and Automation in Contract Management
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Welcome to Blue ocean Corporation FAQ Page
Here, we have compiled answers to the most commonly asked questions regarding our training programs, consulting services, and conferences. If you have any further queries, feel free to reach out to us.
General Questions
You can register online by selecting your desired course on our official website and filling out the required details. Alternatively, you can email us at info@blueoceancorporation.com or call +971 52 176 9265. After your inquiry, a program expert will contact you to guide you through the registration process.
Payments can be made online via our website. Your training consultant can also provide a direct payment link for your convenience.
Yes, we frequently offer combo packages and promotional discounts on various courses.
We provide classroom sessions at our premises, online sessions, and corporate training that can be conducted at your office or any convenient location.
Public Training Courses
Typically, each batch accommodates 15 students, though this may vary depending on the course.
Yes, we accept part payments, allowing you to pay in up to three instalments.
Yes, we have a dedicated division that delivers training programs and certification examinations in Arabic.
Yes, we offer a wide range of corporate courses tailored to the specific needs of government, semi-government, and private organizations.
Yes, we provide course materials to enhance your understanding of the modules.
In-House Training
Our in-house courses are designed to enhance operational efficiency cost-effectively. Benefits include:
- Tailored solutions to address specific company challenges
- Training conducted by industry-specific faculty
- Customizable content to meet organizational needs
- Timely responses to all inquiries
Yes, we can conduct in-house training at your desired location or at Blue Ocean premises.
Yes, we offer tailored in-house training programs to meet the specific needs of your organization and employees.
