PMAC 122 - Competitive Bidding, Contract Preparation and Management

While contracts are legal documents, contract administration in supply management is also about relationships. In this course you will learn the fundamentals of effective contract management from both perspectives.

Contract basics covered include types of contracts, characteristics of good contracts and the contract management lifecycle. You will gain a familiarity with managing service level agreements and mitigating risk. You’ll also learn the importance of relationship management and key factors for success. Communications, trust and dispute resolution are among the industry issues you will explore as you better understand the contract process as a whole.

0 credits

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