Certified Professional Contract Manager ( CPCM)

Managing contracts can be a complex process that requires a thorough understanding of specific planning and procurement activities. Successful sourcing relationships are based on careful and detailed preparation before the contract is signed.

Both parties need a clear understanding of the type of relationship desired. Therefore, contract management is a systematic process in the procurement of services and products that involves specific phases and associated activities, including planning and purchasing, award, and implementation.

Choosing the right Contract Strategy is the primary factor in determining contractor performance. It defines the way work will be allocated among contractors, the type of contractors to use, the form of contracts (e.g.., lump sum or reimbursable cost), the allocation of risks, and how benefits or incentives will be used.

“according to The CMBOK and NCMA’s contract management standards”

This training program is designed to enable all participants to achieve an integrated understanding of contract terms and conditions, identifying contract management strategies “according to The CMBOK and NCMA’s contract management standards”, and apply its proven techniques, tools and procedures, plus mastering Contracts Reading, Writing and Negotiating and Planning, and understand Best practices in Claims Management.

• Gain an advanced knowledge on contract management disputes, claims, counter claims, risk and administration.
• aster reading and writing contracts processes.
• Select the most appropriate contract strategy
• Design the contract to mitigate the risk of disputes and design a dispute resolution system
• Understand the effect of various organizational roles and their impact on the management and execution of the contract
• Improve understanding of various types of contracts and the suitability of each one to the particular requirements of the client and contractor
• Understand and apply the CMBOK and NCMA’s Contract management standards.
• Apply the contracting policies applicable, and operational aspects in the industrial and commercial environment
• Improve the understanding of contract risk and the development of effective contingency arrangements
• Obtain an awareness of the legal implications of the contracting process and apply an appropriate remedy for disputes resolution and minimization of conflict
• Understand and apply Best practices in Claims Management.
• Prepare for the CPCM’s exam.