Agreements Management
About Agreements Management
Agreement management is the process of managing agreement creation, execution, and
analysis to maximize operational and financial performance at an
organization, all while reducing financial risk. Organizations encounter
an ever-increasing amount of pressure to reduce costs and improve
company performance.
Why is Agreements Management important?
Benefits of Agreement Management:
• Ensures that contractual obligations by both the sourcing supplier and client are met;
• Helps eliminate potential breach of contract situations;
• Improves adherence to outsourcing contract objectives;
• Provides a well-documented audit trail;
• Ensures more favourable contract outcomes;
• Improves quality of service and customer focus;
• Achieves value for money and financial control;
• Decreases the level of risk;
• Clarifies the roles and responsibilities of the contract manager, contractors, end users;
• Provides early identification and resolution of poor performance, other problems or disputes;
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Provides evaluation of the specification against contract
performance and identification of contract changes or variations.
Who should take the Agreements Management Exam?
• Legal professionals
• Business owners
• Entrepreneurs
• Anyone who wants to assess their Contract Management skills
• Legal managers and senior executives
• Legal consultants
• Professionals working in outsourced companies responsible for Contract Management
• Any professional with skills and knowledge on Contract Management
• Anyone interested in Contract Management
Agreements Management Certification Course Outline
1. Introduction to contract management
2. Specification writing
3. Service Level Agreements
4. Negotiation skills
5. Managing contracts
6. Financial management and control
7. Exiting contracts and continuous improvement planning