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    E-lesson

    Contract management course – e-lesson #5: Elements and tasks of contract management

    Contract management course – e-lesson #5: Elements of Contract Management and the task of the Contract Manager
    Course: Intermediate level

    Hosted by: Chris Gerber / Intermediate level

    The fifth e-lesson in the Contract management course in the transformer industry is also the second e-lesson to be hosted on the Intermediate level. You can save your seat for the session here.

    This intermediate-level contract management course covered the essential elements and tasks of effective contract management. The core responsibilities are shared between employers and employees - companies must invest in training, while contract managers must demonstrate their skills and experience. Crucial contract management traits include collaboration, communication, business knowledge, interpersonal skills, and attention to detail. Standardized templates, workflow management, and data analytics are valuable tools to increase productivity and minimize risk. Contract managers act as facilitators, coordinating the contract lifecycle from inception to closeout. Key tasks involve managing compliance, stakeholder communication, budgets, and risk. Developing wisdom through trial-and-error, as well as leveraging the expertise of experienced "grey beards", are emphasized. Overall, the course provided a comprehensive overview of the multifaceted role of the modern contract manager.

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    Key deliverables: 

    Collaboration is the foundation of CM. The CM is required to work with and interact with internal and external parties and all levels throughout the organization.

    The CM should be able to relate to and work with all when it comes to project implementation and execution.

    Attend to learn about collaboration, communication, depth of business knowledge, negotiation skills, attention to detail and legal background, control, workflow management, lifecycle and compliance alerts, analytics etc.

    Keywords: contract management, collaboration, communication, negotiation, legal background

    About the author

    Chris Gerber

    Chris Gerber

    Chris Gerber is a former Transformer OEM CEO with noticeable experience in transformer contracts and project manager. He has worked for and with some of the most noticeable transformer utilities in Africa, the Middle East and Europe as well as several transformer manufacturers in Europe over the last 15 plus years. His practical experience and insight offers a unique reflection on the world of the project and contract manager in the transformer industry. He is amongst others a former university lecturer in business management and holds degrees from the University of Pretoria (South Africa) and the VUB in Brussels, Belgium.

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