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Contract Management

TITLE: Contract Management
COURSE DESIGNATION: Phase I – Strategic Sourcing
CERTIFICATE PROGRAM: Strategic Sourcing E-Learning Curriculum
CREDIT HOURS: 4
TIME TO COMPLETE: 21 Days
 
DESCRIPTION: This course examines the methods used to manage, terminate and close out contracts
OBJECTIVES: In this lesson, you will learn common techniques and considerations for managing contracts
At the end of this lesson you will be able to:
  • Monitor and evaluate contract performance
  • Initiate corrective action
  • Terminate a contract for convenience
  • Terminate a contract for default
  • Close out a completed or expired contract
 
Syllabus
  • Definitions
  • Contract Performance
  • Corrective Action
  • Termination
  • Close out
  • End Notes