An Interactive 5-Day Training Course
Certified Professional Contract Manager(CPCM)
Exam Preparation Course
Mastering the Art and Science of Contract Management
Classroom Sessions:
INTRODUCTION
This GLOMACS training course equips participants with the expertise and skills needed to excel as a Certified Professional Contract Manager. Delegates need to attend this training course to gain in-depth knowledge of contract management best practices, enhance negotiation skills, and effectively mitigate risks in contractual agreements. Through interactive sessions participants will not just learn, but also apply the art of contract drafting, administration, and dispute resolution, setting themselves apart as proficient contract managers. By attending this 5-day course, delegates will benefit from expert-led sessions, practical insights, and the exciting opportunity to network with other professionals in the field, potentially opening doors to new career opportunities.
Preparation for the exam leading to the highly esteemed title of Certified Professional Contract Manager™ offered by the renowned National Contract Management Association™ (NCMA). This certification not only validates your skills and knowledge but also enhances your professional credibility and career prospects in the field of contract management
This training course will highlight:
- Pre-award Competencies
- Post-award Competencies
- Acquisition Planning and Strategy Competencies
- Specialized Knowledge Area Competencies
- Business Competencies
Objectives
At the end of this training course, you will learn to:
- Develop a comprehensive understanding of laws, regulations, and ethical standards governing contract management.
- Master contract principles, various contract types, contracting methods, and financing.
- Apply contract management principles to oversee contract performance, quality assurance, subcontract management, and transportation logistics.
- Gain insights into socioeconomic programs and intellectual property rights to enhance contract management expertise.
- Navigate contract changes and modifications, interpret contract terms, and resolve disputes.
- Close out or terminate contracts while ensuring compliance and operational efficiency.
- Master cost and price analysis, negotiation techniques, and source selection processes.
- Enhance overall business acumen and strategic decision-making capabilities.
Training Methodology
The "Certified Professional Contract Manager Preparation Exam" training course utilizes dynamic teaching methods such as interactive lectures, mock exams, group discussions, and case studies to prepare participants for the certification exam comprehensively. Participants engage in practical exercises focused on contract management scenarios, receiving personalized feedback tailored to their individual learning needs. This personalized approach and expert guidance reinforce key concepts and make participants feel valued and supported. Through tailored exam strategies and hands-on learning, participants enhance their contract management skills and readiness for the certification exam.
Organisational Impact
Sending employees to attend this training course provides the organization with several benefits:
- Enhanced contract management expertise, leading to improved compliance and risk mitigation.
- Mastery of negotiation techniques and contract performance evaluation for successful project outcomes.
- Increased proficiency in acquisition planning and supplier selection processes for cost-effective procurement.
- Advanced understanding of contract laws and regulations, ensuring legal compliance and ethical standards.
- Application of strategic decision-making skills and improved business acumen in daily operations.
- Implementation of best practices in contract management, boosting operational efficiency and profitability.
Personal Impact
Participants attending this training course will benefit in the following ways:
- Enhanced contract management skills for improved performance and career advancement.
- Mastery of negotiation tactics and strategic decision-making abilities.
- Proficiency in managing contracts and mitigating risks effectively.
- Increased knowledge of procurement practices, leading to cost savings and efficiency.
- Application of legal and ethical standards in contract management roles.
- Career growth opportunities through the application of learned best practices and strategies.
WHO SHOULD ATTEND?
Professionals directly involved in contract management and seeking to enhance their skills and knowledge will benefit from attending this training course:
- Professionals involved in procurement, contracts, or project management in various industries.
- Individuals looking to advance their careers by mastering contract negotiation, management, and compliance.
This GLOMACS Certified Professional Contract Manager(CPCM) Exam Preparation training course is suitable to a wide range of professionals but will greatly benefit:
- Contract managers
- Procurement officers
- Project managers
- Legal professionals
- Supply chain specialists
DAY 1
Roadmap to Certified Professional Contract Manager™
- The Contract Management Profession
- National Contract Management Association Mission and Vision
- Professional Certification
- NCMA’s Revised Certification Program
- Eligibility Requirements
- Competencies for Contract Management
- The Contract Management Body of Knowledge
- NCMA Certification Examinations
- The Anatomy of a Certification Exam Question
- How to Study
- Test Specifications for Certification Examination
- How to Approach the Certification Examinations
Guiding Principles
- Defining Team Roles and responsibilities
- Problem-Solving Techniques
- Strategic Planning and Execution
- Forms of Legal Relationships
- Organizational Regulations, Codes, Policies, and Procedures
- Professional Standards of Conduct and Codes of Ethics
- Classes of Agents
- Basis of Authority of Agents to Act
- Contract Law
- Contract Funding Laws, Policies, and Procedures
- Intellectual Property
DAY 2
Pre-award Competencies
- Contract Principles
- Socioeconomic Programs
- Contract Types
- Contracting Methods
- Contract Financing
DAY 3
Award Competencies
- Contract Negotiation Strategies and Tactics
- Proposal Evaluation Techniques
- Unique Organizational Award Practices
- Pricing and Payments
- Price and Cost Analysis
- Contract Format Methods
- Documentation Techniques to Mitigate Risk
DAY 4
Post-award Competencies
- Contract Management
- Contract Performance and Quality Assurance
- Subcontract Management
- Contract Changes and Modifications
- Transportation
- Contract Interpretation and Disputes
- Contract Closeout
- Contract Termination
DAY 5
Leadership Competencies
- Effective Listening Techniques
- Self-Awareness Techniques
- Team Leadership Techniques
- Networking Techniques
- Decision Making Techniques
- Critical Thinking Techniques
- Conflict Management Techniques
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Endorsed Education Provider
GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org
In Association With
The Energy Training Centre
Our collaboration with Energy Training Centre aims to provide the best training services and benefits for our valued clients
Dubai - UAE
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Tel: +971 (04) 425 0700
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GLOMACS Training & Consultancy
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