Contract Management | College of Contract Management
By: College of Contract Management
Contract Management is an important discipline involved with the managing, directing and negotiation of contracts within the construction process.It also requires having adequate knowledge of contractual laws and litigation. These processes are important when dealing with supplies and materials that are needed as well as construction scheduling, budgeting and managing. It is a construction manager's job to oversee and organize all forms of contract within the project life-cycle. This includes seeing through contracts to ensure agreements are fulfilled and satisfaction is achieved by both parties.Furthermore, it is the main job of a contract manager to minimize economic losses and maximize profit.People who are working in the management industry mostly aspire to become chartered members of the CMI (Chartered Membership Institute), this is a great opportunity to expand your career prospects.
Entry Requirements and Courses
In order to progress as a contract manager, the most effective and streamlined way to get into contract management is by taking a tailored course or training programme. In order to take a course in contract management, you'll often need a relevant Bachelors degree, an NVQ level 6 or a diploma level 4 or 5. These stepping stones will give you the foundation knowledge you need in order to study contractor project management more specifically. The College of Contract Management offers a live online course that is accredited by ICES, CMI and the CIArb.
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Read more at https://www.theccm.co.uk/
College of Contract Management