Introduction to Contract Management

Summary of Learning:
Contracts form the basis of many business relationships and so effective contract management is vital to ensuring deliverables are met; maximising financial performance and decreasing risk. This introductory level course provides a practical guide to managing contracts in the defence context through exploration of the contract lifecycle; from tendering and negotiating to managing risk and administering contracts. It introduces the notion of sustainable relationships with suppliers through better management of the tendering and selection process, understand of IP management and monitoring the performance of suppliers, manage risk and resolve disagreements more effectively.

The Learning Objective:
1 develop and understanding of the fundamental concepts of contract management
2. Develop an understanding of the contract lifecycle and supplier relations
3. develop an understanding of the tendering and selection principles as it applies to governmental contracting.

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Digital Badges are used by educational and learning organisations as competency-based signifiers of achievement. Now you can achieve a civilian university recognised academic credential, being a Digital Badge from Queensland University of Technology (QUT) through completing any Cove+ unit and passing the test of objectives.

For a 10 hour course, organisations like QUT often charge over $600 for this type of training and the issue of a Digital Badge.

If your course is an AQF 4 or 5 level course (vocational), you can do a ten question quiz to gain a badge. But be careful, this isn’t Campus course, you need to know the content to pass! If your course is an AQF 6 or 7 level course (undergraduate), then you need to submit an 800 word essay which will be assessed by a QUT lecturer.

Digital Badges are issued within 10 working days of unit completion.

You can share your Digital Badges to your LinkedIn profile, note it on personal CVs, and even include it in email signature blocks. See the examples below of a Cove+ module Digital Badge.