This introductory course provides a comprehensive overview of contract management, offering practical knowledge on handling contract-related activities before and after signatures. Participants will gain a solid understanding of contract management fundamentals, explore strategies to streamline contract processes, and learn how to apply effective contract management techniques within their organizations. Designed for beginners, this course ensures that participants can confidently approach both pre-signature and post-signature activities, creating better outcomes in organizational agreements.

Course Syllabus:
Module 1: Introduction to Contract Management

• Overview of Contract Management
• Definition and importance in modern organizations.
• Key Phases in the Contract Lifecycle
• Examining the stages of a contract from inception to closure.
• Roles and Responsibilities in Contract Management
• Understanding the role of contract managers and related stakeholders.

Module 2: Understanding Pre-Signature Contract Management

• Pre-Signature Contract Management
• Exploring the critical activities before signing a contract.
• Identifying Contract Objectives and Requirements
• Clarifying goals, stakeholder needs, and aligning with organizational priorities.
• Drafting and Reviewing Contracts
• Understanding the basics of contract language and terms.
• Negotiation Techniques
• Applying negotiation strategies to meet organizational needs.

Module 3: Applying Pre-Signature Contract Management Activities

• Approval Processes and Compliance Checks
• Ensuring contracts align with internal policies and legal standards.
• Risk Assessment and Mitigation
• Identifying potential contract risks and mitigation techniques.
• Documentation and Record Keeping
• Establishing efficient documentation practices for transparency and accountability.

Module 4: Understanding Post-Signature Contract Management

• Post-Signature Contract Management
• Overview of activities required after a contract is signed.
• Contract Execution and Obligations
• Monitoring compliance and performance to meet contractual obligations.
• Managing Modifications and Amendments
• Understanding when and how to make adjustments to active contracts.

Module 5: Applying Post-Signature Contract Management Activities

• Performance Monitoring and Evaluation
• Tracking and evaluating contract performance and outcomes.
• Issue Resolution and Conflict Management
• Techniques for handling disputes and ensuring positive outcomes.
• Closure and Renewal Procedures
• Steps for successfully closing or renewing contracts.

Module 6: Best Practices and Tools in Contract Management

• Technological Tools for Contract Management
• Exploring software and tools that streamline contract management.
• Compliance and Ethical Standards
• Ensuring practices align with ethical and compliance standards.
• Developing a Contract Management Plan
• Creating a simple, effective contract management strategy for your organisation.