12Days00Hrs03Mins24Secs
Apr 14 2025

Contract Formulation & Management in Procurement(Apr. 14-16) In-person

  • 9:00am
  • National Banking College

Background

Unclear terms, non-compliance, and poor monitoring in contracts create risks, inefficiencies, and disputes. A structured approach ensures clarity, compliance and accountability, helping organizations mitigate risks and maintain effective operations. This training is designed to enhance participants’ skills in drafting, negotiating, and executing contracts effectively.

Programme Objectives

  • To provide participants with a comprehensive understanding of contract management principles and regulatory frameworks across different industries.
  • To enhance participants’ skills in drafting, negotiating, and executing contracts effectively.
  • To equip participants with strategies for monitoring contract performance and managing risks throughout the contract lifecycle.

Course Outline

Understanding the Key Elements of a Contract
Contract Lifecycle Management (CLM)
Performance Monitoring and Evaluation.
Negotiation Strategies in Contracting.
Compliance and Regulatory Considerations
Risk Management in Contracting
Dispute Resolution and Escalation Mechanisms.
Documentation, Contract Amendment, Modification and Reporting

Target Group

  • Procurement Officers and Managers in organisation
  • Contract Managers and Administrators
  • Legal Officers involved in procurement
  • Risk and Compliance Officers
  • Supply Chain and Operations Managers
  • Project Managers

To register, contact the programmes secretariat now !

+233 (0) 302 760006