Last Updated : 22 Aug 2024

International Contract Management Course Overview

The International Contract Management course is designed to equip learners with the fundamental skills and knowledge required to manage contracts effectively on a global scale. Module 1 introduces the course's aims and objectives, setting the stage for a comprehensive learning experience. As participants progress through Module 2, they gain a thorough understanding of the Contracting process including bidding, cost-benefit analysis, and risk evaluation. Module 3 focuses on developing the essential skills, knowledge, and attributes of successful contract managers, while Module 4 emphasizes the Critical success factors for achieving desired outcomes through effective stakeholder engagement.

In Module 5, learners explore how to create solid Specifications and contracting strategies, along with navigating international laws. Module 6 and Module 7 delve into managing customer and stakeholder relationships and working with suppliers, including handling difficult relationships and motivational issues. Negotiation skills are sharpened in Module 8, essential for persuading and influencing stakeholders. Module 9 prepares learners to deal with change, including handling claims and preventing false claims.

Finally, Module 10 focuses on performance improvement through measurement and development of KPI systems, and Module 11 underlines the importance of effective Contract close processes. This course will help learners become proficient in managing international contracts, ensuring both compliance and success in the global business environment.

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Course Fee	1,800
Total Fees	1,800 (USD)

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Course Fee	1,400
Total Fees	1,400 (USD)

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Flexi Video	16,449
Official E-coursebook
Exam Voucher (optional)
Hands-On-Labs²	4,159
+ GST 18%	4,259
Total Fees (without exam & Labs)	22,359 (INR)
Total Fees (with Labs)	28,359 (INR)

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Free Pre-requisite Training

Join a free session to assess your readiness for the course. This session will help you understand the course structure and evaluate your current knowledge level to start with confidence.

Assessments (Qubits)

Take assessments to measure your progress clearly. Koenig's Qubits assessments identify your strengths and areas for improvement, helping you focus effectively on your learning goals.

Post Training Reports

Receive comprehensive post-training reports summarizing your performance. These reports offer clear feedback and recommendations to help you confidently take the next steps in your learning journey.

Class Recordings

Get access to class recordings anytime. These recordings let you revisit key concepts and ensure you never miss important details, supporting your learning even after class ends.

Free Lab Extensions

Extend your lab time at no extra cost. With free lab extensions, you get additional practice to sharpen your skills, ensuring thorough understanding and mastery of practical tasks.

Free Revision Classes

Join our free revision classes to reinforce your learning. These classes revisit important topics, clarify doubts, and help solidify your understanding for better training outcomes.

Inclusions in Koenig's Learning Stack may vary as per policies of OEMs

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Inclusions in Koenig's Learning Stack may vary as per policies of OEMs

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1-on-1 Training

Schedule personalized sessions based upon your availability.

Learn More

Customized Training

Learning without limits. Create custom courses that fit your exact needs, from blended topics to brand-new content.

Learn More

Happiness Guaranteed

Experience exceptional training with the confidence of our Happiness Guarantee, ensuring your satisfaction or a full refund.

Learn More

Destination Training

Immerse yourself in a focused learning environment, free from distractions, where you can sharpen your skills in popular global destinations.

Learn More

Fly-Me-A-Trainer (FMAT)

Flexible on-site learning for larger groups. Fly an expert to your location anywhere in the world.

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Course Prerequisites

To successfully undertake training in the International Contract Management course, participants should meet the following minimum prerequisites:

Basic understanding of contract principles: Familiarity with general concepts of contracts and agreements will be beneficial.
Knowledge of business processes: Awareness of how businesses operate, including procurement and sales, aids in comprehending the context of contract management.
Effective communication skills: Ability to clearly express ideas and understand contractual terms and negotiations.
Analytical thinking: Capability to assess situations, perform cost-benefit analysis, and identify potential risks.
Problem-solving skills: Aptitude for addressing issues that may arise during contract management and negotiation.
Basic computer literacy: Proficiency in using computers to manage electronic-based processing and communication.
Language proficiency: A good command of the language in which the course is delivered, typically English, for international contract management.

These prerequisites ensure that participants have the foundational knowledge and skills necessary to grasp the course material and apply it effectively in real-world scenarios.

Target Audience for International Contract Management

Koenig Solutions' International Contract Management course is ideal for professionals involved in contracts and procurement.

Contract Managers
Procurement Managers
Project Managers
Supply Chain Professionals
Legal Advisors specializing in contract law
Compliance Officers
Business Development Managers
Operations Managers
Risk Management Professionals
Financial Analysts involved in contract-related financial planning
Quality Assurance Managers
Government Officials dealing with contracts and procurement
International Trade Professionals
Engineers and other technical professionals involved in project contracts

Learning Objectives - What you will Learn in this International Contract Management?

Introduction to Learning Outcomes:

In the International Contract Management course, students will acquire the skills to navigate the complex environment of international contracts, manage risks, and improve contractor performance effectively.

Learning Objectives and Outcomes:

Understand the entire contracting process, including international nuances, to effectively map the contracting 'territory'.
Learn the bidding process and conduct a cost-benefit analysis to make informed decisions.
Evaluate international contracts, identify potential risks, and comprehend electronic-based processing systems.
Develop essential skills, knowledge, and attributes necessary for successful contract managers, and understand their responsibilities.
Identify critical success factors for contract management, including defining successful outcomes and engaging stakeholders.
Craft effective specifications and scope of work documents, and formulate a robust contracting strategy considering international laws.
Conduct comprehensive customer and stakeholder analysis and manage their expectations to achieve cooperation and satisfaction.
Build and nurture commercial relationships with suppliers, manage difficult relationships, and leverage incentives to motivate contractors.
Gain negotiation and persuasion skills to enhance stakeholder collaboration and achieve better outcomes.
Handle changes adeptly by managing claims and variations, challenging false claims, and ensuring specifications are met.
Implement performance improvement measures, develop Key Performance Indicator (KPI) systems, and apply legal principles to uphold contract terms.
Recognize the importance of effective contract close-out processes to ensure all obligations are met and to prevent future disputes.