Contract Management

The course in Contract Management is ideal if you seek to acquire the necessary practical skills in effectively managing and administrating contracts for goods and services.

Contract management refers to the process of systematically and efficiently managing contract creation, execution and analysis for the purpose of maximizing financial and operational performance, while minimizing risk. Gain an overview of the fundamentals of contract law and contract management from a supply chain management perspective. 

Learn the basics of what it takes to solicit, procure, negotiate and administer contracts and subcontracts while gaining a broad understanding of business principles to establish long-term relationships with customers, suppliers and other stakeholders. This course will equip you with an understanding of the principles of contract management. 

This course is for people working in large or small organisations, government and commercial entities, or as entrepreneurs. It will benefit those working as contract administrators, subcontractors, procurement managers, project managers and others who wish to enter the field.

Learning Outcomes

After successfully completing the course, you will be able to

•     understand basic contract law in South Africa
•     understand contract management terminology
•     plan and organise contracts for goods and services define the scope of work, process, agreement and management philosophy
•     direct and control the contract administration
•     negotiate contracts and terms
•     evaluate, negotiate and enforce service level agreements, and
•     renegotiate and/or terminate contracts.

Course Content

Part 1:   Law of contract

•     Theme 1: Introduction to the South African Legal system
•     Theme 2: Basic concepts and terms of a contract
•     Theme 3: Requirements of a valid contract
•     Theme 4: Breach of a contract
•     Theme 5: Remedies of breach
•     Theme 6: Drafting