course | Contract and Vendor Management
Advance your career with Contract and Vendor Management. Hands‑on learning in Abu Dhabi covering contract vendor and more. Enroll today.
PSCO-142 | Contract and Vendor Management
Course Sector : Procurement & Supply Chain Operations
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 30/11/2026 | 04/12/2026 | Abu Dhabi | $4,250 | Book now |
| 5 Days | 15/03/2027 | 19/03/2027 | London | $4,950 | Book now |
| 5 Days | 07/06/2027 | 11/06/2027 | Dubai | $4,250 | Book now |
| 5 Days | 06/09/2027 | 10/09/2027 | Abu Dhabi | $4,250 | Book now |
Course Introduction
Effective contract and vendor management is essential for ensuring value for money, controlling risk, and maintaining strong, sustainable supplier relationships. As organizations increasingly rely on external vendors and complex contractual arrangements, the ability to manage contracts beyond signature—through execution, monitoring, and closure—has become a critical professional skill.
The Contract and Vendor Management course is designed for professionals who already have basic exposure to contracts, procurement, or vendor interactions and are ready to advance their capabilities to an intermediate level. Within BOOST, this program focuses on strengthening participants’ understanding of how contracts and vendor relationships are managed throughout their lifecycle to support organizational objectives and performance.
The course emphasizes practical approaches to contract administration, vendor performance management, risk mitigation, and relationship governance. Participants explore how to align contractual terms with operational realities, manage supplier obligations, address issues proactively, and ensure compliance with contractual and organizational requirements.
By combining structured frameworks with real-world application, this program equips participants with the skills and confidence needed to manage contracts and vendors effectively, reduce disputes, enhance supplier performance, and contribute to stronger commercial outcomes.
Course objective
- Understand the role of contract and vendor management in organizational success
- Manage contracts across their full lifecycle
- Apply best practices in vendor and supplier relationship management
- Monitor vendor performance and contractual compliance
- Identify and mitigate contractual and vendor-related risks
- Handle contract variations, renewals, and terminations effectively
- Improve collaboration with vendors while protecting organizational interests
- Support value delivery and accountability in contractual arrangements
Course audience
- Contract and commercial managers
- Procurement and sourcing professionals
- Vendor and supplier relationship managers
- Project managers overseeing contracted services
- Operations and facilities managers
- Finance and compliance professionals supporting contracts
- Public and private sector professionals dealing with vendors
Course Outline | Day 01
Foundations of Contract and Vendor Management
- Role of contracts and vendors in organizational operations
- Contract lifecycle overview
- Key stakeholders in contract and vendor management
- Differences between contract management and procurement
- Common challenges in managing vendors and contracts
- Governance and accountability principles
Course Outline | Day 02
Contract Administration and Compliance
- Understanding contract terms and obligations
- Contract documentation and record management
- Monitoring compliance with contractual requirements
- Managing deliverables, milestones, and service levels
- Handling non-compliance and contractual issues
- Change control and contract variations
Course Outline | Day 03
Vendor Performance and Relationship Management
- Vendor performance management concepts
- Key performance indicators (KPIs) and service level agreements (SLAs)
- Monitoring, reporting, and performance reviews
- Managing supplier relationships and communication
- Resolving performance issues and disputes
- Building long-term, value-based vendor relationships
Course Outline | Day 04
Risk, Commercial, and Financial Aspects
- Identifying contractual and vendor-related risks
- Commercial risk allocation and responsibilities
- Managing financial exposure and cost control
- Contract renewals, extensions, and renegotiations
- Termination, exit management, and handover
- Avoiding disputes and claims
Course Outline | Day 05
Governance, Improvement, and Best Practices
- Contract and vendor governance frameworks
- Roles of management, legal, and finance in oversight
- Audits, reviews, and continuous improvement
- Lessons learned from contract and vendor failures
- Integrating contract management into organizational strategy
- Developing a contract and vendor management action plan
BOOST’s Professional Attendance Certificate “BPAC”
BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.
Since 2001, we’ve been at the forefront of professional training in the Middle East — shaping the future of learning and development one success story at a time. With a vision rooted in innovation and excellence, we help individuals, teams, and organizations reach their highest potential through integrated, future-ready training solutions. Our comprehensive programs combine global best practices with local insights, empowering people to grow, lead, and make a lasting impact in their industries.
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