Contract Management Practices (COR408)

Overview

Delivery method

Virtual classroom

Duration

6 hours

Audience

Functional specialists

Description

Procurement specialists are expected to be proactive in the way they plan, monitor and manage their projects. This course, designed for experienced procurement and materiel management specialists, offers advanced tools and practices for the management of procurement activities throughout the four phases of the procurement process. Participants will learn to minimize the risks associated with the procurement process by better understanding and applying established contracting rules, regulations and policies.

Topics include:

• understanding how contract management differs from the management of procurement
• managing risk through proper documentation
• differentiating between the role of the contracting authority and the business owner
• identifying common pitfalls when managing a contract

Legacy course code: M720