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    E-lesson

    Contract management course in the transformer industry – e-lesson #4: The link between Contract law and Contract management and the importance of CM

    Contract management course in the transformer industry – e-lesson #4 The link between Contract law and Contract management and the importance of CM
    Course: Intermediate level

    Hosted by: Chris Gerber / Intermediate level

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

    This intermediate-level contract management course explores the link between contract law and effective contract management. The presenter, Chris Gerber, is an experienced transformer industry executive and lecturer. The course is part of a Master Class series, building on a foundational contract law course. Contract management is crucial for achieving organizational objectives through cost-effectiveness, efficiency, and risk mitigation. The session defines contract management and discusses the key roles, responsibilities, and traits of successful contract managers. These include understanding contract details, managing deliverables, communication skills, and pragmatic change management. The course will include practical assignments requiring participants to apply their knowledge to real-world contract scenarios within their organizations. Automated contract management software tools are also discussed, with emphasis on integrating legal considerations. The session concludes by reviewing poll results on the most relevant contract management definition.

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    Key deliverables: 

    Organization or entities, being profit or non-profit, have largely two driving objectives, this being either cost effectiveness (profit) or efficiency (productivity). Contract management is important as it aims to facilitate an effective and almost automated process to achieve these objectives whilst mitigating risk.

    In this tutorial session the student will be familiarised with the definition of contract management and the contract management process. It will deal with role and function of a contract manager and reflect on the typical traits expected and associated with a contract manager. In addition it will also ensure a link between contract law and contract management.

    Keywords: contract management, risk, profit, productivity

    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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