3-day Virtual Seminar

Contract Management: Complete Guide from Basics to Advanced

Overview

This webinar takes participants through the contract lifecycle as a practical business-management process. It begins with the foundations: what contract management is, who is involved and why responsibilities need to be clear before moving through preparation, review, approval, execution and post-signature management.

The session then progresses into stronger operational practices. Participants will consider obligation tracking, performance monitoring, change control, risk awareness, stakeholder communication, record management, renewals and closeout. More mature approaches such as contract governance, standardisation, dashboards, key performance indicators and the use of contract lifecycle management technology are also introduced.

The webinar concludes by examining where AI can support contract-related productivity - such as summarising appropriate information, extracting potential obligations for review, comparing text and organising contract information - while keeping legal interpretation, negotiation decisions, approvals and final accountability with appropriately qualified people.

Why you should Attend

A signed contract does not manage itself. Missed deadlines, unclear ownership, unmanaged changes, weak record keeping and overlooked obligations can create unnecessary cost, disputes and operational risk long after negotiations have finished.

This webinar gives attendees a structured view of contract management from the fundamentals through to more mature practices. It helps participants understand what should happen across the contract lifecycle, where problems commonly arise, and how stronger processes, stakeholder accountability, performance monitoring and technology can improve control and business outcomes.

Areas Covered in the Session

• Understand the complete contract lifecycle from initial business need and preparation through execution, ongoing management, renewal and closeout
  
• Clarify the roles of legal, procurement, sales, finance, operations, contract owners and other stakeholders throughout the lifecycle
  
• Recognise important pre-signature activities including requirements, review, approvals, negotiation preparation and maintaining a clear record of agreed terms
  
• Build stronger post-signature practices for tracking obligations, deliverables, milestones, dates, responsibilities and contractual changes
  
• Use performance measures, service levels, review points and stakeholder communication to manage whether a contract is delivering the expected value
  
• Identify common sources of contract risk, including missed obligations, uncontrolled changes, poor records, unclear ownership, supplier or customer performance issues and renewal failures
  
• Understand how governance, standardisation, templates, central repositories, escalation routes and contract-management technology can support more mature contract operations
  
• Prepare more effectively for amendments, renegotiations, renewals, termination and contract closeout by using accurate information and forward planning
  
• Explore where AI can support contract-management productivity while recognising the boundaries around confidential information, legal interpretation, human review and organisational approval

Who Will Benefit

• Contract Managers and Contract Administrators
  
• Procurement and Strategic Sourcing Professionals
  
• Commercial and Business Operations Professionals
  
• Sales Operations and Account Management Teams
  
• Project and Programme Managers
  
• Vendor and Supplier Management Professionals
  
• Finance and Operations Managers
  
• Legal Operations and Contract Support Professionals
  
• Business Leaders and Managers responsible for contractual relationships