Course Outline
Day 1: Introduction to Advanced Contract Administration
- Overview of contract administration principles
- Key roles and responsibilities in contract administration
- Understanding contract terms and conditions
- Introduction to performance benchmarking in contract management
Day 2: Contract Performance Monitoring and Management
- Developing performance metrics and KPIs
- Techniques for monitoring contract performance
- Implementing performance improvement initiatives
- Case studies on successful contract performance management
Day 3: Advanced Contract Negotiation and Dispute Resolution
- Strategies for negotiating complex contracts
- Resolving disputes and conflicts in contracts
- Alternative dispute resolution methods
- Legal considerations in contract negotiation and resolution
Day 4: Performance Benchmarking Methodologies
- Introduction to performance benchmarking
- Types of benchmarking in contract management
- Collecting and analyzing benchmarking data
- Interpreting benchmarking results and making improvements
Day 5: Risk Management in Advanced Contract Administration
- Identifying and assessing contract-related risks
- Mitigating risks through effective contract administration
- Strategies for managing contractual risks
- Case studies on risk management in contract administration