Managing Contractual Risk - L5M3
Purpose: On completion of this module, learners will be able to evaluate the legal and process issues relating to the formation of contracts and the legal implications of contractual nonconformance. They will also assess the impacts of breach of contract and examine coping remedies and provisions that are available under such circumstances.
Aim: As organisations outsource more and more activity it is vital that they ensure that the associated contracts deliver expected services and/or products. Hence, a fundamental area that those who are tasked with managing the procurement and supply function are faced with is the identification, monitoring and management of contractual risk. This module is designed to enable learners to examine the nature of contract risk and the associated legal implications that relate to contract formation and non-conformance. They will also consider the impact of breach of contract and coping strategies to address such breaches.
Summer Cohort 2020 To be announced Winter Cohort 2020 To be announced
You can appear for the L5M3 examination on one of the following dates. Please contact the Certifications Manager to book your examination. Candidates need to pay for the Examination Fee and Centre Fee.
About L5M3 Exam
Our CIPS, UK Approved Faculties can deliver Managing Contractual Risk – L5M3
L5M1 - Managing Teams and Individuals L5M2 - Managing Supply Chain Risk L5M3 - You are on this page L5M4 - Advanced Contract and Financial Management L5M5 - Managing Ethical Procurement and Supply L5M6 - Category Management L5M7 - Achieving Competitive Advantage Through the Supply Chain L5M8 - Project and Change Management L5M9 - Operations Management L5M10 - Logistics Management L5M15 - Advanced Negotiation