Contract administration involves the planning, negotiation, execution and performance of any contact with customers or vendors. The preparation and implementation of contracts have great potential for aligning mutually agreeable contracts that lead to positive business outcomes.
This course explores how contractual responsibilities can be described, applied and followed up. Delegates know what constitutes the contract administrator’s management tools and functions. The course will also allow you to consider the key contractual requirements and recognize the effect that they have on potential contract execution and governance.
The Contract Administration course will also enable you to realize the value of information about procurement terms and conditions. Delegates can also consider opportunities to apply lessons gained to recognize Alternative Dispute Resolution (ADR) and how to settle disputes and alliances.