Certified Commercial Contracts Manager (CCCM)

Contract Management

A Certified Commercial Contracts manager (CCCM) shows that you are knowledgeable about the practice of contracts management in the commercial environment. To earn the CCCM, a candidate must take and pass the Commercial Knowledge module exam. Certification is a mark of distinction. It sets the credentialed individual and his/her workplace apart from others in the same profession. A certified individual communicates that he or she has attained a certain level of expertise and is committed to maintaining the highest level of professionalism.
CCCM Certification program, in particular, sharpens candidates’ focus. Certification provides a direct link between the individual in the workplace and the rest of the professional community. This link provides support, guidance, and opportunity.
Certification increases and enhances competition in the labor market. Employers also enjoy a level of assurance with respect to a certified individual’s knowledge, application of that knowledge, and continued professional development.

Objectives

Course Description

CCCM credential is the most vital industry-recognized certification and it demonstrates that you have the experience, education and competency to practice as Certified Commercial Contracts Manager. A Certified Commercial Contracts Manager (CCCM) certification validates your education, training, experience, and knowledge of the Uniform Commercial Code.

Course Learning Objectives

  • Understanding the principles of contract management
  • Understanding the role of legal contract in business relationships
  • Understanding the supplier management and Tenders
  • Understanding the structure of the legal contract
  • Understanding the roles in contract management profession

Who should attend ?

  • Contract Management Professionals
  • Contract Manager
  • Bid & Tender Specialist
  • Contract Engineer
  • Contract Administrator
  • Contract Coordinator
  • Contract Executive
  • Commercial Manager
  • Procurement

Eligibility Criteria

  • Degree Holders
  • One Year Experience in Contract Management Field
  • 80 Hrs. Continuing Professional Education

Exam Details

Exam Fee:
Professional Membership Fee $235
Payment: Member- $150/ Non Member – $300

Examination Details

  • Computer Based Testing.
  • 150 Multiple choice Questions.
  • 4 Hrs.

Pass the examination

  • Passing score 70%

Course Contents

COURSE MODULE – 1

  • Contract Definition
  • Requirements for a legally valid contract
  •  Contract Terminology
  • Contract Types
  • Contract Management
  • Contract Management Profession
  • Contract Life Cycle
  • Contract StakeholdersCOURSE MODULE – 2
  • Acquisition Strategy Competencies
  • Acquisition Planning
  • Market Research
  • Pre-award Contract Competencies
  • Requirement Preparation
  • Publicity
  • Proposal Evaluation
  • Source Selection
  • Negotiations
  • Contract Award Competencies
  • General Business Competencies

COURSE MODULE – 2

  • Contract Agreement & Conditions of Contract
  • Agreement & Contract Information
  • Variation clause
  • Force majeure
  • Priority of Contract Documents
  • Termination by Contractor
  • Contracts Administration
  • What is Contract Administration?
  • Key areas to manage for a Contract Administrator
  • Key actions in Contract Management
  • Valuation of Changes
  • Value Engineering

COURSE MODULE – 3

  • Cost and Categories of Cost
  • Cost Management
  • Cost Accounting
  • Budgeting & Managing Budgets
  • Cash Flows
  • Principles of Economics
  • Depreciation Techniques
  • Time value of Money

COURSE MODULE – 4

  • Time – Essence of any Contract
  • Project – Features
  • Work Breakdown Structure
  • Planning – A need
  • Scheduling Techniques
  • CPM – Network analysis
  • Delay – Causes & Impacts
  • Delay – Types & Categories

COURSE MODULE – 5

  • Commercial Awareness
  • Key terms
  • Commercial Relationships
  • Competition law
  • Partnerships and Partnering
  • Consortia and Joint venture Companies
  • MOU and Multi-party Agreements
  • Managing the Supply chain
  • Supply Chain Management
  • SWOT and SCOR
  • Supply Chain Design
  • Supply Chain Metrics
  • Lease vs. Buy and International Sourcing
  • Code of Ethics in the Supply Chain
  • Green Procurement

COURSE MODULE – 6

  • Delay Analysis
  • Acceleration
  • Cost for Crashing
  • Prolongation Costs
  • Claims & Conflicts
  • Disputes & Conflicts
  • Dispute Avoidance
  • Negotiation

COURSE MODULE – 7

  • Conflicts and Disputes
  • Conflict Management
  • Contract Provision-DAB
  • Amicable Settlement and Arbitration
  • Arbitration
  • Institutional and Ad hoc arbitration
  • Arbitration Procedure
  • Selection of Arbitrators
  • The Award
  • Enforcement of Award
  • Mediation
  • Types of Mediation
  • Facilitative Mediation Process
  • Mediator Skills

COURSE MODULE – 8

  • Principles of Commercial Risk Management
  • Commercial Risk Management
  • The Risk Pendulum
  • Contract Risk Management
  • Distribution of risk responsibility
  • Risk tornado chart
  • Project Risk Management Plan
  • Risk Identification
  • Risk Assessment
  • Risk Mitigation
  • Risk Contingency Planning
  • Risk Tracking and Reporting
  • Common Risk Management Errors
  • Claim Avoidance

COURSE MODULE – 9

  • Uniform Commercial Code
  • Article 1, 2 & 2.A
  • Conditions of Contract
  • Methods of Measurements
  • Managerial Skills.
  • Communication.
  • Doubts & Discussions.
  • CCCM Exam scheduling & Preparation

Credential Maintenance

A total of 60 hours of instruction, earned over the five-year renewal period is required in order to qualify for recertification.

Batch Schedule

CCCM / CPCM

Jun 09, 2017
8:00AM – 11:30AM
Friday

Course Enquiry