Contract Management Practice Exam
Contract Management
When two companies wish to do a business they use contract management which helps them organization performance while reducing financial risk. A contact carries terms and conditions set by both the parties which they need to fulfil.
Who should give this exam?
A law degree holder or a bachelor degree will suffice; even those who are working with legal departments of an organization can also opt for this exam to enhance the job skills.
Skills Required
- Highly collaborative
- Have an in-depth business understanding
- Negotiation
- Technologically Sound
- Analyze KPIs Effectively
- Innovative Mindset
- Resolve Conflicts
Career Prospects
- Contract Manager
- Contract Officer
- Contract Advisor
- Legal Manager
Table of Content
- Introduction to Contract Management
- Principles of Good Contracting
- The Structure of Contracts
- Collateral Documents
- Cost and Value Management
- Managing Contract Close-Out
- Risk-Based Contractual Process
- Eliminating Sources of Contract Disputes
- Resolving Disputes
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