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Overview
Overview
This programme explains details of the contract managers roles and responsibilities. Value creation, as the main function of contract managers is breaking down into its main components. Additionally the programme explains the approval limits level in the Company.
Objectives
Objectives
Define the functions of contract managers
Explain contract signing limit approval hierarchy.
Define retrospective spend and its negative impact on the organization
explain when RFQ or RFP is required
Explain who is a single / sole source provide
Differentiate between project documents vs contract
List responsibilities of contract managers
Differentiate between the roles of procurement vs. contract managers
Use MS Outlook as contract management tool
Explain the strategic sourcing matrix
Content
Content
Corporate Financial Authority matrix
Impact of retrospective spend
Difference between a Request for Quote (RFQ) and Request for Proposal (RFP)
Single or Sole Source provider
T he CIC and capital expenditures
Contract manager's roles
Roles of procurement team
The Code of Ethics
Strategic source
Duration: 40 M
Duration: 40 M
Target: Leaders, Contract Managers
Other References & Resource
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