MCM Master Contract Manager ™
Contract management is the process of managing contract creation, execution, and analysis to maximize operational and financial performance at an organization, all while reducing financial risk. Organizations encounter an ever-increasing amount of pressure to reduce costs and improve company performance. Contract management proves to be a very time-consuming element of business, which facilitates the need for an effective and automated contract management system.
- Contract management is when someone takes on the responsibility of managing contracts for employees or vendors or other parties.
- Contract managers need legal knowledge to accurately lead the contract management process.
- Not all companies have set contract managers, but major defense firms or companies that frequently work with the government tend to use contract managers.
The foundation for contract management relies on the implementation of successful post-award and upstream activities. During the pre-award stage, employees should focus on the reason for establishing the contract and if the supplier can fulfill the terms of the agreement. Additional consideration is needed to understand how the contract will work once awarded. Avoiding unwanted surprises require careful research and clarity of purpose in the actual contract.
Contract management requires a level of flexibility for both parties involved and a willingness to adapt contract terms to reflect any changing circumstances. Problems are inevitable, which means organizations must be prepared for the unexpected and be able to adjust contract terms when needed.
The certified MCM Master Contract Manager ™ certification is a professional accredited certification that demonstrates the attainment of a defined level of technical knowledge in contract management, professional practice, and ethical behavior. It forms the basis of the assessment that Contract Professional must pass to gain the certified Master Contract Manager status and inclusion in the Register of The American Academy of Project Management® Certified / Chartered Professional. Contract Professional with at least two years of experience in contract management are encouraged to acquire this certification.
The eBook study guide “The Master Contract Manager” shall guide you to pass in the Master Contract Manager™ examination besides providing a valuable source of reference for a Contract Engineer to excel toward becoming a certified Master Contract Manager. Take the challenges ahead with the exclusive certified Master Contract Manager ™ certification only from The American Academy of Project Management.
Study method: Self-paced learning style with a reference book
Requirements: i) Degree in Contract Management / Project Management / Construction Engineering ii) 2+ years as a Contract Manager or similar role
HOW TO APPLY: To qualify for the Master Contract Manager ™ certification, you need to complete the following steps:
- Complete the Mandatory Candidate Information (MCI)
- Complete the payment upon receipt of the invoice
- Take the exam when you’re ready
Examination: email to request the examination questions when you are ready to take the exam. Examination comprised of 50 questions; Passing grade is 70%.
Course fee: Includes certified Master Contract Manager certificate, membership, Examination fee, and shipping.
Mandatory Candidate Information : please include the Title of the Certification Course that you wish to apply in the subject line when submitting the following information and attach a latest copy of your C.V. email to email@example.com
1) Full Name 2) Shipping Address 3) Name to print on Certificate 4) Mobile number
The AMERICAN ACADEMY OF PROJECT MANAGEMENT ® International Board of Standards is the first graduate global Board of Standards for project management industry professionals to earn Accreditation under the TUV-OE European Standards for ISO 9001 Certification and ISO 29990 Certification. AAPM is also a chartered member of the CHEA Council for Higher Education Accreditation – International Quality Group (CHEA/CIQG) Memorandum of Affiliation is designed to engage quality assurance and accrediting organizations in a shared effort to affirm and promote fundamental principles for higher education quality.
Founded in 1988, the Accreditation Council for Business Schools and Programs (ACBSP) is a global business education accrediting body and the first organization to offer accreditation to all levels of collegiate business educational degree programs from associate to doctoral. ACBSP ignites a standard of excellence with an accreditation process based on the Baldrige Education Criteria for Performance Excellence. By evaluating aspects of leadership, strategic planning, relationships with stakeholders, quality of academic programs, faculty credentials, and educational support, ACBSP assesses whether or not business programs offer a rigorous educational experience and commitment to continuous quality improvement.