The reality of contract management is sobering; according to International Association for Contract & Commercial Management, an overwhelming 95% of companies report that their procurement contracts have been breached at least once, and these companies lose close to 9% of their annual revenue due to poor contract management. The consequences of inadequate contract management go beyond financial burden, with the potential for cost overruns, schedule delays, claims, contract breaches, litigations, and legal penalties. It is imperative for organizations to establish effective contract management practices to mitigate these detrimental outcomes.
This Certified Procurement Contracts Manager (CPCM™) program is designed to provide you with a comprehensive understanding of the procurement contract lifecycle, equipping you with the best knowledge and skills to draft effective contracts, review crucial clauses and safeguard your organization from disputes with vendors. You will learn the full procurement contract life cycle, starting from identifying the best type of procurement contracts to use to contract negotiations and how to effectively administer and manage the performance of procurement contracts. This program will also cover legal and compliance issues in procurement contracts, an overview of best practices in procurement contracting, dispute resolution mechanisms, and contract close-out procedures. You will also have the opportunity to learn how to mitigate disputes when the contract performance is breached and how to build remedies for non-performance of the contract.
By the end of the program and upon passing the Chartered exam, you will have earne
d the Certified Procurement Contracts Manager (CPCM™) designation which you can use to demonstrate your professional credentials and expertise in managing effective procurement contracts. The CPCM™ designation is a valuable and sought-after skill set that positions you as an expert in procurement contract management, increasing your marketability and earning potential in the industry.
This program will entitle you:
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- Attain your Certified Procurement Contracts Manager (CPCMTM) designation that you can use across your professional credentials (including LinkedIn and CV)
- Over 42 lectures, 10 Modules, and 11 hours of procurement contractual agreement strategies and risk mitigation learning
- Learn powerful best practices in drafting procurement contracts, reviewing clauses, and managing contract disputes.
- Full lifetime access
- For enquiries, chat with our Program Advisors at [email protected] or call us at
- Singapore and Asia Pacific: +65 6716 9980
- Australia and New Zealand: +61 3 9909 7310
- UK, Europe and Middle East: +44 (020) 335 57898
- USA: +1 888 745 8875
7 days money back guarantee
Accreditations
This Certified Procurement Contracts Manager (CPCMTM) program is a mark of distinction that signifies a fully qualified procurement professional with expertise in Procurement Contracts management skill set. It is accredited by the Chartered Institute of Professional Certifications, which maintains the governing standards for all members. The CPCM™ charter is a trademarked charter available only to professionals who have completed and passed this program. The certification is governed and maintained by Chartered Institute of Professional Certifications with over 90,000 members around the world. It is also endorsed by prominent associations and organizations worldwide.
The content of this program has been fully certified and accredited by CPD as conforming to Continuing Professional Principles.
What Can You Expect
According to Gartner, top-performing companies in procurement contract management can achieve an average reduction of 15% in contract management costs. Furthermore, these organizations that have effective contract management practices experience significantly less contract breaches and disputes compared to companies with weak contract management practices. This highlights the crucial importance of effective procurement contract management for organizations.
This Certified Procurement Contracts Manager (CPCM™) program will equip you with the tools and techniques to draft and manage procurement contracts that safeguard you from any unwanted disputes with your vendor for breaching the service agreement. Led by Colin Mclntyre, a globally recognized MCIPS-qualified procurement contract trainer and expert, you will learn how to draft and negotiate optimal procurement contracts that prioritize timely product delivery and avoid contract breaches and disputes. You also will learn how to incorporate legal considerations as well as the essentials of contract contents such as KPI, SLA, price & schedule, and specifications on product and service delivery into your contract. Besides that, you will be guided on the different types of contractual agreements that are relevant to your transaction and manage legal and compliance issues. Finally, you will discover how to manage disputes and non-performance in case of contract breaches and establish effective contract management practices to mitigate these detrimental outcomes.
By the end of the program and upon passing the Chartered exam, you will have earned the Certified Procurement Contracts Manager (CPCM™) designation which you can use to demonstrate your professional credentials and expertise in managing effective procurement contracts.
Globally demanded and recognized, this designation is an industry-recognized trademarked charter developed by the Chartered Institute of Professional Certifications and has lifelong validity. It’s also fully accredited by CIPD (Chartered Institute of Personnel and Development), with 160,000 membership organizations worldwide.
Key Skills You Will Gain
- Writing RFI And RFPS
- Contract Negotiation
- Procurement Ethics
- Contract Law
- Procurement Conflict Management
- Contracts Negotiation
- Procurement Contracts Management
- Claims Management
- Managing Payment Terms
- Contract Administration
- Procurement Controls
- Change Order Management
- Supplier Evaluation
- Procurement Fraud Prevention
- Litigation Management
- Procurement-Related Arbitration
- Procurement Dispute Mediation
- Dispute Resolution
- Defining Incoterms
- Procurement Quotations
- Handling Purchase Order
- Supplier Relationship Management (SRM)
Your Faculty Director
Colin McIntyre is a globally recognized procurement contracts expert and trainer with over 20 years of experience specializing in improving procurement & supply chain processes, building robust procurement and vendor contracts, and delivering holistic procurement training. As a qualified Member of the Chartered Institute of Procurement and Supply (MCIPS) trainer, one of the most prestigious qualifications that a professional purchaser can achieve, Colin has delivered extensive training related to procurement and contract management for various private and public organizations globally. He is also the Director & Founder of Lean Procurement Ltd. and provides expert advice to companies in managing large procurement teams and creating positive changes and improvements to add value to their organizations.
Certified Procurement Contracts Manager (CPCM™) Program Agenda
Chartered Exam
At the end of the program, there will be a Chartered exam comprised of 50 multiple choice questions. Upon passing the exam, you will be accredited with your Certified Procurement Contracts Manager (CPCM™) designation.
- 98% of students who have taken this exam have passed the exam successfully. Almost all professionals who have taken our courses have passed this exam and attained their Certified Procurement Contracts Manager (CPCM™) designation
- The exam has 50 multiple choice questions and you need to answer 25 out of 50 questions correctly to pass the exam
- You can re-take the exam online as many times as you want, with no additional charges for retaking of exams
- The program cost already includes the exam fees, so there are no additional charges for taking the exam
If you have challenges passing the exam, you can secure assistance from our team and faculty leader to help you pass the exam.
Certified Procurement Contracts Manager (CPCM™) Designation
After completing the program and passing the exam, you will be awarded the Certified Procurement Contracts Manager (CPCM™) designation that can be used in your resume, CV, and other professional credentials. This designation is a global trademark and industry-recognized with lifelong validity.
Globally demanded and recognized, this CPCM™ designation will provide you with a valuable and sought-after skill set, positioning you as an expert in procurement contract management. You will not only gain a comprehensive understanding of the procurement contract lifecycle, but also be able to increase your career advancement and earning potential, protect your organization from disputes, and stay compliant and competitive in your field.
Program Pricing
On Demand Learning
USD 1495
- Lifetime access to high-quality self-paced eLearning content curated by industry experts
- 24x7 learner assistance and support
- Attain your Certified Procurement Contracts Manager (CPCM™) designation that you can use across your professional credentials
- Demonstrate your professional expertise in procurement contracts management
- Over 11 hours of professional procurement contractual agreement strategies and risk mitigation learning
- Powerful best practices on writing impactful procurement contracts and managing legal aspects of procurement contracts.
- Full lifetime access
Register Now
Corporate Training
Customized To Your Needs
- If you have more than 30 participants from your organizations, you can contact us to host a program customized to your training needs through a blended learning or physical classroom model
- By customizing your program, the faculty leader can tailor the content that is specific to your needs
- Prior to the commencement of the bespoke program, we will schedule conference calls to identify your training needs and map out the sessions most relevant to your organization
Download Brochure
You can download our program brochure below. If you have any inquiries on this program, please contact our Program Advisor at [email protected] or call us at:
- Singapore and Asia Pacific: +65 6716 9980
- Australia and New Zealand: +61 3 9909 7310
- UK, Europe and Middle East: +44 (020) 335 57898
- USA: +1 888 745 8875
100% Money Back Guarantee
We value the trust of our customers immensely. But, if you feel that this Certified Procurement Contracts Manager (CPCM™) does not meet your expectations, we offer a 7-day money-back guarantee. Just send us a refund request via email within 7 days of purchase and we will refund 100% of your payment, no questions asked!
Certified Procurement Contracts Manager (CPCM™) Reviews and Testimonials
Chartered Institute of Professional Certifications' reviews and ratings are a comprehensive collection of participants feedback we have gathered over the last decade. To view authentic and personal testimonials that are handwritten by our participants, please download our participants' written reviews here.
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Certified Procurement Contracts Manager (CPCM™)
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