This module builds on the “Intro to contracts” module and focuses on the importance and role of contract management to ensure that the expected value delivered in the sourcing phase is actually implemented

Course content

  • Importance and roles of contract management
  • Effective contract, obligations and performance management
  • Managing different commercial models
  • Changing and amending contracts

Learning objectives

  1. Understand the value of effective contract management
  2. Learn about the elements involved in basic contract management, obligations management and performance management
  3. Understand the meaning of different commercial models and their implications on contract management
  4. Understand how to effectively amend contracts that are not fit for purpose
  5. Understand governance required for effective contract management