Title: Essential Stages in Contract Management
1MIT School of Distance EducationEssential
Stages of Contract Management
2Contract Management
- Contract management is the process of overseeing
the creation, negotiation, execution, and
termination of contracts. - It is a critical part of business operations, as
contracts help to ensure that all parties
involved in a transaction understand their rights
and obligations. - Construction contract management is a complex and
challenging process, but it is essential for
ensuring the success of a construction project. - If you are involved in a construction project,
having a good understanding of contract
management is essential.
37 Essential Stages of Contract Management
- Planning This stage involves identifying the
need for a contract, defining the scope of the
contract, and identifying the parties involved. - Negotiation This stage involves bargaining with
the other party to reach an agreement on the
terms of the contract. - Execution This stage involves signing the
contract and making it legally binding. - Administration This stage involves monitoring
the performance of the contract and ensuring that
the terms are being met. - Change management This stage involves managing
any changes to the contract. - Termination This stage involves ending the
contract per the terms. - Dispute resolution This stage involves resolving
any disputes that arise under the contract.
4Learning Construction Management
- Construction has always been a profitable
business sector. With the increasing number of
players in this field, systematic execution of
the operations becomes detrimental to a
successful business. - MIT School of Distance Education (MITSDE) is one
such institute that understands the current
skills gap in the market and strives hard to
reduce it. - Hence, MITSDE brings you a PG Diploma in
Construction and Project Management course that
will prepare you for challenging roles within the
corporate domain, imparting the best theoretical
and practical knowledge.
5Why MITSDE ?
- Develop the planning, organizational and
execution skills of a construction manager. - Learn the latest construction management
techniques and technologies - Understand the global construction and project
management practices - Learn to analyze the issues related to cost,
safety, design, operations and logistics - Learn to communicate effectively, coordinate with
teams and make ethical decisions
6Potential Careers Opportunities
- Facility Operation Specialist
- Program Manager
- Infrastructure Manager
- Project Resource Manager
- Operation Manager
- Infrastructure Administrator
Many medium to large companies working in various
sector need knowledgeable work force in the roles
of
7About US
- MIT School of Distance Education is one of the
largest distance learning center in India. We
offer various Post Graduate Diploma and
Certificate programs Online MBA Courses across
various industry sectors including Operations
Management, Project, Information Technology,
Banking and Finance, Digital Marketing, Business
Analytics and many more. MITSDE has an online
assessment system, flexi-learning approach and
provides state-of-the-art Learning Management
System (LMS), which aligns with its mission of
'flexible learning opportunities anywhere,
anytime, and to provide ultimate convenience,
ease, and flexibility to our students.
8Advantage of learning with MITSDE
- Self-paced learning
- Live webinars and doubt solving sessions
- Quick and highly-responsive student support
- Dedicated student support team
- Regularly updated syllabus
- Industry-relevant course offerings
- Courses taught by Industry Experts
- Affordable courses
- No cost EMI options
9Placement Record at MITSDE
MITSDE has a dedicated Placement Cell providing
100 placement, CV building workshops and Career
Counseling. Our Student Placement
10Placement Record at MITSDE
11Contact Us
- Address
- MIT Alandi Campus, Pune Moshi-Alandi Road,
Alandi-412105,Pune Maharashtra (India) - Phone 9112-207-207 / 9028-258-800
- Email ID admissions_at_mitsde.com
- Website www.mitsde.com
12Thank you