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IT Contract and Vendor Management
In an era of increased outsourcing and continued deployment of information and communication technologies firms are realizing the importance, volume, and complexity of contractual agreements involving these information technologies (IT). However, they tend to view IT contracts as being similar to the traditional contracts for materials, supplies, construction, defense services etc. Consequently IT contract management even today continues to focus on compliance and to reduce costs. More importantly they fail to understand the unique differences between IT contracts and the traditional contracts. Thus many a firm’s contracting process is fragmented and ad-hoc while value addition is given a low priority leading to poor contract visibility, ineffective monitoring and inadequate analysis of contract performance. But smart organizations are taking a more holistic Enterprise Contract Management (ECM) approach that covers the acquisition phase of the contract all the way to contract closure such that a contract is able to accommodate changing market conditions, risks associated with demand and supply uncertainties while still permitting appropriate reviews in relation to the vision and capabilities of the firm.
This course aims to expose the participants to a variety of concepts, tools and approaches while building capabilities for meeting the challenges that emerge throughout contract life cycle of IT projects, products and services. This would be done through industry examples, case study discussions and practical problem solving exercises.
Who should attend?
IT Analysts, Procurement Managers, Software Engineers, Business Process Managers
|Discounted Course Fee||S$2,400|
|Total Nett Course Fee payable including GST||S$2,568|