Contract and Commercial Management Practitioner

Overview
Course Outline
Scheduled Dates

Course Overview

Effective contract and commercial management is essential for businesses to reduce risks, ensure compliance, optimise supplier relationships, and enhance business performance. This course equips participants with the knowledge and practical skills to manage the entire contract lifecycle, from contract initiation to execution, monitoring, and closure.

Through interactive discussions, real-world case studies, and practical exercises, participants will learn how to draft, negotiate, and manage contracts, ensure compliance, monitor performance, and establish Key Performance Indicators (KPIs) to evaluate contract effectiveness and supplier performance.

Objective:

By the end of this course, participants will be able to:

Manage the entire contract lifecycle, from initiation to execution and closure.
Ensure compliance and performance throughout the contract management process.
Draft and negotiate contracts effectively to protect business interests.
Identify and mitigate risks associated with commercial agreements.
Monitor supplier performance and maintain strong contractual relationships.
Establish and track Key Performance Indicators (KPIs) to evaluate contract and supplier effectiveness.
Resolve contractual disputes efficiently to maintain business continuity.
Implement best practices for contract and commercial management.

Course Outline

Day 1: Fundamentals of Contract and Commercial Management

Understanding the role of contracts in business success
Key principles of contract and commercial management
Legal and regulatory considerations in contract drafting
Case Study: Reviewing a real-world contract and identifying key clauses

Day 2: Contract Lifecycle Management

Key phases: Initiation, negotiation, execution, performance, and closure
Contract structuring: Essential elements of a firm contract
Managing contractual obligations and changes
Practical Exercise: Drafting key contract clauses for a business agreement

Day 3: Ensuring Compliance and Managing Performance

Understanding compliance requirements in contract execution
Contract performance monitoring and issue resolution
Mitigating risks and enforcing contractual obligations

Day 4: Key Performance Indicators (KPIs) and Supplier Management

Establishing KPIs for contract and supplier performance
Supplier relationship management and contract effectiveness
Handling supplier disputes and renegotiations
Case Study: Evaluating a contract based on supplier performance metrics

Day 5: Contract Closure, Dispute Resolution, and Best Practices

Managing contract termination and renewal processes
Resolving contract disputes and legal considerations
Continuous improvement in contract and commercial management
Course review

Schedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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Location

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Dubai
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New

London

$5,300

Duration: 5 Days

date: 21 - 25 Apr 2025

New

London

$5,300

Duration: 5 Days

date: 30 Jun - 04 Jul 2025

New

Dubai

$5,300

Duration: 5 Days

date: 11 - 15 Aug 2025

New

London

$5,300

Duration: 5 Days

date: 15 - 19 Sep 2025

New

London

$5,300

Duration: 5 Days

date: 01 - 05 Dec 2025

Contract and Project Management

Contract and Commercial Management Practitioner

Duration:5 Days

date:30 Jun - 04 Jul 2025

London

$5,300

CPD Standards

Employees of professional or formally regulated bodies are generally expected to have CPD accredited training. This type of accreditation ensures that the training is knowledgeable, informed and constantly updated. It ensures our standards as a company are kept high and consistent.

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Why Choose London Training For Excellence?

Reliability

We will never cancel a confirmed booking
Support

We offer around the clock support
Tailored

We customise our courses to suit your personal learning needs
Quality

Our courses are delivered by highly experienced industry experts
Recognition

All our courses are accredited by the CPD Standards Agency

Frequently Asked Questions

How can training courses be used as a company benefit?

Training is hugely beneficial to both yourself and your company. It enables you to employ new technologies, increases your productivity and enables you to be more autonomous. Have a look here at our infographic on the importance of training and development!

How often do you update your course content to ensure relevancy?

Our course content is constantly reviewed and updated to ensure we stay up to date with all the latest trends. After every course is completed we review the feedback and improve the material where necessary.

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Yes, we focus our training on ‘real-world’ scenarios and our trainers are all highly experienced and skilled in their relevant fields.

Are your courses eligible for professional certification?

Yes, we offer certification with all our courses, every course is entitled to CPD (Continuous Professional Development) hours which you can put towards your professional portfolio.

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