Online contract management course

Are your contracts set in stone from the word go? If so, what happens when those set-in-stone terms turn out to be less than advantageous to one of the signatories – especially if that signatory happens to be you?

Instead of just wishing you could have got it right before the signatures went on the dotted line, now’s your chance to make sure your contract results in a win-win situation for all concerned – before anybody picks up their pen.

Starting April 27th, the University of Southampton is offering a 3-week online course backed by the International Association of Contract and Commercial Management (IACCM) and the UK Government.

The course itself was developed by the University in association with the IACCM, the Crown Commercial Service, the UK Cabinet Office and Civil Service Learning.

It’s designed, says the University, to help you understand contract management processes, develop the confidence to create new contracts and help you build successful relationships to implement those contracts effectively.

You’ll be led through the course by Douglas Macbeth, Professor of Purchasing and Supply Chain Management at the University of Southampton, together with IACCM CEO Tim Cummins.

You’ll also have opportunities to hear guest lectures and engage in discussions with private and public sector procurement practitioners from around the world.

The course explores relationship fundamentals, including the rules that govern public and private sector procurement. It also examines the complexities of relationships, with emphasis on interdependency management and multiple stakeholder needs.

The final part of the course will bring those and many other ideas together to demonstrate how to put those ideas into practice.

For more information, please visit www.futurelearn.com/courses/contract-management.

All in all, it’s an excellent introduction to commercial business relationships and contractual agreement management, but of course there’s so much more to the procurement process than just creating, developing and managing contracts.

That’s why we recommend you visit www.corporatebrainz.com/online-training to understand all the other aspects to procurement, so you can get the best deal for the goods and services you require – every time.