What does a contract manager do?
Contract management is about unburdening and supporting the business. It is carried out by the business and not by procurement. However, contract management does provide input for procurement. The ownership of the contract belongs with the business. An important part of contract management is contract administration. This principally has to do with gathering and maintaining contracts and relevant information.
A contract manager is a specialised professional who manages the contract; you monitor the result and record this in contract evaluations. You need to have the necessary professional knowledge to be able to direct the result of the contract. A contract manager is also responsible for the communication of the contract, including internally, and the relationship with the supplier. In this, you are accountable to the contract owner.
Contract management training programmes and tools at Nevi
Increasing numbers of public and private organisations are realising that contract management is essential for achieving the intended business results, managing risks, and having the opportunity to create value. Contract management is a key factor in achieving the intended results. Nevi has a range of contract management training programmes. If you’re ready to learn all about drafting professional contracts, choose one of our contract management training programmes.