Contract Management for Beginners
What will you learn in the course?
- Overview of Contract Management
- Importance of Contract Management in sourcing and procurement
- Contract Lifecycle - six phases of contract, benefits and standard practices
- Risk handling and best practices
- NA
- NA
Features Include
What is Contract Management?
A contract is an agreement that defines the duties and obligations of parties with legal enforceability
Contract Management is the process of looking after contracts from planning to execution. It includes an expert dealing with contract obligations for clients, vendors, and employees
Contract Managers need the required legal knowledge to handle the process correctly
Make a life-changing career decision now!
Businesses of all sizes need to manage contracts that are made with their customers, vendors, partners, and/or employees. Contracts must be managed over their entire lifecycle, from their inception to their anticipated termination or renewal. Contract Management is critical for negotiating the terms and conditions of a contract, ensuring compliance with those terms and conditions, and documenting any revisions that may arise during its implementation. This enables both parties in a contract to meet their objectives in a polite manner. Here is what you can look forward to in terms of career and job prospects.
13.5%
Projected annual growth rate of Contract Lifecycle Management industry from 2022 to 2032 (Source: Fact.MR)
₹245.49 billion
Expected global Contract Lifecycle Management market by 2032 (Source: Fact.MR)
₹13 LPA
Average salary of a Contract Manager in India (Source: Glassdoor)
Is the programme for you?
Contract Management for Beginners Course is a smart way to achieve the growth you seek in your career, especially if you are:
- A graduate or postgraduate student, wanting to learn this skill
- A jobseeker or working professional, seeking to upskill in Contract Management
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