Certified Commercial Contract Manager (CCCM) Exam Preparation Course – NCMA, USA
Certification Body: National Contract Management Association -NCMA, USA
Training Hours: 40 Hours
About:
This intensive certification course is designed to equip professionals with the expertise needed to manage commercial contracts effectively within the scope of contract management principles and practices. The course covers a broad spectrum of topics essential for understanding the complexities of commercial contracts, emphasizing practical applications and best practices in the field. Upon completion, participants will be prepared to take the CCCM exam, demonstrating their knowledge and commitment to excellence in contract management
Target Audience
- Contract managers and administrators
- Procurement and acquisition professionals
- Project managers involved in contract or procurement management
- Legal professionals working in commercial contract law
- Any professional aiming to enhance their contract management skills or seeking to achieve the CCCM certification
Eligibility
- A bachelor’s degree from an accredited institution, plus one year of work experience in contract management or a related field; or
- A high school diploma (or equivalent) with at least three years of work experience in contract management or a related field.
- Members of the NCMA are preferred, but membership is not required for course enrollment or certification.
Course Content
Introduction to Commercial Contract Management
- Understanding the Role of Contract Managers
- Principles of Contract Law
- The Contract Management Process: Overview
Contract Planning and Formation
- Needs Assessment and Specification Development
- Solicitation Process
- Offer and Acceptance
- Consideration and Contract Formation
Contract Administration
- Contract Administration Planning
- Performance Monitoring and Quality Assurance
- Change Management in Contracts
- Risk Management
Procurement and Acquisition
- Procurement Planning
- Supplier Selection and Evaluation
- Ethical and Legal Considerations in Procurement
- Negotiation Techniques and Strategies
Financial Aspects of Contract Management
- Pricing Models and Strategies
- Cost Estimation and Budgeting
- Payment Terms and Conditions
- Financial Analysis and Reporting
Legal and Ethical Issues
- Understanding Commercial Law Impacting Contracts
- Compliance and Regulatory Issues
- Intellectual Property Rights
- Ethics and Professional Conduct
Dispute Resolution
- Conflict Management Strategies
- Negotiation and Mediation Techniques
- Arbitration and Litigation Processes
Exam Preparation
- Overview of the CCCM Exam Structure
- Study Strategies and Tips