CM102: Mastering Complete Pre-Award Contract Management from Udemy

Looking to level up your pre-award contract management skills? Look no further than this comprehensive course. With 29 lectures divided into 7 easy-to-follow sections, you'll learn all essentials you need to know in just 1.5 hours. In each lecture video, so you'll get the practical information you need without any lengthy or theoretical explanations.

What's more, you'll get:

high-quality video lectures that explain the different terms and concepts with real-world examples and applications,
downloadable free tools and resources that you can immediately apply on the job,
quizzes to test your knowledge,
1-on-1 expert instructor support to answer your questions or clear up any confusion you might have
lifetime access with no expiration, so you can complete the course at your own pace, anywhere, on any device, and come back for a refresher anytime.
Free course updates so you can continue to benefit from enhancements made to this course.
It comes with Closed Captions (CC) (subtitles in English).
Everything to know under a single course. The course covers the whole spectrum of pre-award contract management in just one course.

And it's not just theory - you'll learn from a contract and commercial expert who applies this daily to his professional projects.

Within the course, you will find handy and popular tools for which you don't need to spend much time designing from scratch, like:

Sample Bid Evaluation Table,
Procurement Routes: Advantages and Disadvantages,
Contracting Plan,
Comprehensive List of Documents in an Invitation to Tender (ITT) Package,
A Typical Agenda for Pre-Bid Meeting,
A Typical Checklist for Site Visit,
Prequalification (PQ) Questionnaire,
Letter of Application for PQ,
Sample Bid Clarification Meeting Agenda,
Confidentiality Form,
Sample Pre-Award Meeting Agenda,
Sample Letter of Award (LoA),
Checklist For Insurance Policy Review,
Sample Letter to Regret, etc. ready-to-use documents in native MS Word and Excel formats are inside the course.

Whether you're new to pre-award contract management or an experienced professional looking to refresh your skills, this course has something for everyone. And with ready-to-use documents in native MS Word and Excel formats, you'll have all essentials you need to manage the whole spectrum of pre-award contract management with confidence. Plus, you can even claim 1.5 PDUs and 1.5 CPDs for renewing your existing PMI-PMP and RICS-MRICS Certificates. Enroll today and take your career to the next level.

What's inside

Learning objectives

Learn pre-award contract management in a single course
Draft effective contracts and develop request for proposal (rfp)
Learn how to develop invitation to tender (itt) package
Learn how to prequalify (pq) bidders in a better way

Discuss bid opening, technical and commercial evaluations
Tips and tactics for effective letter of award (loa) and notice to proceed (ntp)
Learn how and when to receive key submittals from the winning bidder

Learn pre-award contract management in a single course
Draft effective contracts and develop request for proposal (rfp)
Learn how to develop invitation to tender (itt) package
Learn how to prequalify (pq) bidders in a better way
Discuss bid opening, technical and commercial evaluations
Tips and tactics for effective letter of award (loa) and notice to proceed (ntp)
Learn how and when to receive key submittals from the winning bidder

Syllabus

Course Introduction

Welcome to the Course

Course Sections Overview

Welcome to Udemy

This quiz will test your knowledge of the contents of this section.

Traffic lights

Read about what's good

what should give you pause

and possible dealbreakers

Provides downloadable tools and resources, such as sample bid evaluation tables and prequalification questionnaires, that can be immediately applied to real-world projects

Offers the opportunity to claim 1.5 PDUs and 1.5 CPDs for renewing existing PMI-PMP and RICS-MRICS certificates, enhancing professional credentials

Covers the whole spectrum of pre-award contract management, making it suitable for both newcomers and those seeking to refresh their skills

Includes ready-to-use documents in native MS Word and Excel formats, saving time and effort in creating these documents from scratch

Focuses on practical information with real-world examples and applications, avoiding lengthy or theoretical explanations, which may suit professionals seeking actionable insights

Explores topics such as liquidated damages and insurance, which are crucial for managing contractual risks effectively in pre-award contract management

Reviews summary

Practical pre-award contract management essentials

According to learners, this course provides a concise and practical overview of pre-award contract management. Students particularly highlight the value of the ready-to-use documents and templates provided, describing them as extremely helpful and time-saving for real-world application. The course is generally considered a good introduction or refresher for those new to or needing a quick grasp of the subject. While many appreciate the short duration and direct approach, some more experienced professionals note that the course might lack deep dive into complex scenarios, making it potentially better suited for beginners or those needing a quick brush-up rather than advanced practitioners seeking comprehensive mastery. Overall, feedback suggests it effectively covers the essential spectrum of the pre-award process.

Suitable for newcomers, might lack advanced depth.

"This was a great introduction to the pre-award process for someone new like me."

"Experienced users might find this course too basic; it's more of an overview."

"Helpful for beginners and as a quick refresher, but doesn't delve deeply into complex issues."

Addresses all key stages of pre-award process.

"The course covers the entire spectrum of pre-award contract management as promised."

"It provides a good walkthrough of the whole process from RFP to contract awarding."

"Felt it covered everything essential for the pre-award phase adequately."

Covers essentials efficiently in short duration.

"The course is short and to the point, which is perfect for busy professionals."

"Liked how quickly the key topics were covered without unnecessary theoretical explanations."

"Appreciated the conciseness and focus on practical information; no fluff."

Ready-to-use documents save significant time.

"The ready-to-use documents and templates provided in MS Word and Excel formats were extremely helpful and practical."

"Appreciated the included templates and tools; they save a lot of time and effort on the job."

"The course included practical documents that I could immediately apply, which is a major plus."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in CM102: Mastering Complete Pre-Award Contract Management with these activities:

Review Contract Law Basics

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Reinforce your understanding of fundamental contract law principles. This will provide a solid foundation for understanding the nuances of pre-award contract management.

Browse courses on Contract Law

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Review key concepts like offer, acceptance, and consideration.
Study different types of contracts and their legal implications.
Complete practice quizzes on contract law principles.

Read 'Contract Law for Dummies'

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Gain a broader understanding of contract law principles. This will help you better navigate the legal aspects of pre-award contract management.

View Glannon Guide to Sales: Learning Sales Through... on Amazon

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Read the chapters covering contract formation and key terms.
Take notes on important legal concepts and definitions.
Reflect on how these concepts apply to pre-award activities.

Compile a Glossary of Contract Management Terms

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Solidify your understanding of key contract management terminology. This will improve communication and comprehension throughout the course.

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Identify key terms from the course materials.
Research and define each term clearly and concisely.
Organize the terms alphabetically in a glossary format.
Share your glossary with peers for feedback and refinement.

Four other activities

Expand to see all activities and additional details

Show all seven activities

Analyze Sample RFPs and ITTs

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Develop your ability to critically evaluate RFP and ITT documents. This will improve your drafting and evaluation skills.

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Obtain sample RFPs and ITTs from various sources.
Identify strengths and weaknesses in each document.
Assess the clarity and completeness of the requirements.
Compare and contrast different approaches to drafting.

Draft a Sample Invitation to Tender (ITT)

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Apply your knowledge by creating a comprehensive ITT document. This will solidify your understanding of the ITT process.

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Define the scope and objectives of the ITT.
Develop clear and concise requirements for bidders.
Establish evaluation criteria and scoring methodology.
Format the ITT document professionally and consistently.

Create a Presentation on Bid Evaluation Techniques

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Deepen your understanding of bid evaluation by creating a presentation. This will improve your ability to communicate complex concepts.

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Research different bid evaluation techniques.
Organize the information into a logical presentation structure.
Create visually appealing slides with clear explanations.
Practice delivering the presentation effectively.

Read 'The Procurement and Supply Manager's Handbook'

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Expand your knowledge of the broader procurement context. This will help you make more informed decisions in pre-award contract management.

View Putting Knowledge to Work on Amazon

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Focus on chapters related to supplier selection and negotiation.
Identify key takeaways applicable to pre-award activities.
Reflect on how these concepts can improve your practices.

Career center

Learners who complete CM102: Mastering Complete Pre-Award Contract Management will develop knowledge and skills that may be useful to these careers:

Contract Specialist

A contract specialist plays a vital role in the lifecycle of agreements, and this course is certainly beneficial for someone in this role. Contract specialists are involved across the entire spectrum of contract management beginning with pre-award activities. They are tasked with drafting effective contracts and developing requests for proposals, and this mastering complete pre-award contract management course covers these topics. In particular, the sample bid evaluation table and the sample letter of award are useful for a contract specialist.

See salaries and explore the career path for Contract Specialist

Procurement Manager

Procurement managers oversee the acquisition of goods and services, which frequently involves the management of contracts from the pre-award stage onward. For a procurement manager, this course may be quite valuable. A procurement manager often interacts with topics like forming an invitation to tender package and prequalification of bidders, both of which are covered in this course. Learning to handle received bids, organize pre-bid meetings, and conduct technical and commercial bid evaluations are all crucial skills discussed that assist the procurement manager.

See salaries and explore the career path for Procurement Manager

Contracts Manager

This course is highly relevant for a contracts manager who wants to solidify their understanding of pre-award activities. Contracts managers are involved in activities such as planning and drafting contracts, managing contractual risks, and handling the formation of invitations to tender. You may be able to use the tools, such as the sample pre-award meeting agenda, and the course, which focuses on pre-award, will serve to improve overall awareness of the topics that a contracts manager must know.

See salaries and explore the career path for Contracts Manager

Project Manager

Project managers frequently deal with contracts as they outsource work and manage project deliverables; this course may be helpful tool. This is particularly true during the initial stages of a project when contracts are being developed and awarded. This course covers developing requests for proposals, handling received bids, and conducting pre-award meetings; these topics provide a project manager with tools to understand the foundations of the contract. This course also covers how to issue a letter of award.

See salaries and explore the career path for Project Manager

Purchasing Agent

Purchasing agents acquire goods and services for organizations, and this course can certainly help to improve their abilities in the pre-award space. A purchasing agent might be involved in the formation of invitation to tender packages, the prequalification of bidders, and the handling of received bids. This course specifically addresses these topics as they are involved in pre-award contract management. The course is also directly applicable to the work this person does.

See salaries and explore the career path for Purchasing Agent

Subcontracts Administrator

Subcontracts administrators specialize in managing subcontracts, making this course quite useful for managing the initial phases. As the course focuses on pre-award contract management, a subcontracts administrator will be able to draft contracts, manage risks, and form invitation to tender packages with more confidence. Understanding how to handle received bids and conduct pre-award meetings, as covered in the course, is essential for the person in this role.

See salaries and explore the career path for Subcontracts Administrator

Compliance Officer

Compliance officers ensure that organizations adhere to laws, regulations, and internal policies, which includes proper contract management; this course may be useful. This course, by covering topics such as managing contractual risks and ensuring proper documentation in the invitation to tender package, will give a compliance officer a tool to ensure procedures are followed. Compliance officers will become more effective in their role with this course.

See salaries and explore the career path for Compliance Officer

Business Development Manager

Business development managers work to grow an organization, often through strategic partnerships and contracts, and this course may be a complement to their skills. This course on pre-award contract management will help business development managers understand the initial stages of contract formation and management. The course covers developing requests for proposals and understanding bid evaluations which, in turn, can help a business development manager build a foundation for building partnerships.

See salaries and explore the career path for Business Development Manager

Legal Assistant

Legal assistants provide support to lawyers and legal professionals, often assisting with contract preparation and review; this course may be helpful. This course on pre-award contract management may give a legat assistant a solid understanding of the initial stages of contract formation. Learning to draft effective contracts, develop requests for proposals, and handle received bids gives a legal assistant additional context as they work to support their legal team.

See salaries and explore the career path for Legal Assistant

Estimator

Estimators are responsible for calculating the costs associated with a project or contract, and this course may be useful to them. During the pre-award phase, estimators work to understand the scope and requirements of a project. This course addresses topics such as defining bid evaluation criteria and forming invitation to tender packages, which will allow the estimator to better assess the project requirements and develop accurate cost estimates.

See salaries and explore the career path for Estimator

Financial Analyst

Financial analysts analyze financial data and provide insights to guide business decisions, and this course may be useful. The course on pre-award contract management covers topics such as bid evaluation and risk management, which are relevant to financial analysis in contracting. Financial analysts who understand these elements will bring additional knowledge to their role.

See salaries and explore the career path for Financial Analyst

Auditor

Auditors review financial records and processes to ensure accuracy and compliance; this course may be helpful to them. The pre-award contract management course can help an auditor understand the initial stages of contract formation and management. The course material helps an auditor to understand what steps and documentation are expected, which can then inform the audit process when evaluating contracts.

See salaries and explore the career path for Auditor

Operations Manager

Operations managers oversee the day-to-day activities of an organization, and contracts can be a significant part of operations; this course may be useful. The concepts taught in this course may provide operations managers with tools to effectively manage contractual requirements. This will contribute to smooth operations and project success.

See salaries and explore the career path for Operations Manager

Data Analyst

Data analysts interpret data to identify trends and insights, and this course may be useful to them. The course on pre-award contract management may provide data analysts with additional context, particularly if they are involved in analyzing contract-related data. For example, by understanding bid evaluation process, they might develop a new area of analytics for their organization.

See salaries and explore the career path for Data Analyst

Human Resources Generalist

Human resources generalists handle various HR functions. While not directly contract-related, this course may provide indirect benefits. For instance, understanding contract terms and risk management, which are covered in this course, can inform HR policies related to employee agreements or vendor relationships. This may expand skills within the HR function.

See salaries and explore the career path for Human Resources Generalist

Reading list

We've selected two books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in CM102: Mastering Complete Pre-Award Contract Management.

Putting Knowledge to Work

Save

This handbook provides a comprehensive overview of procurement and supply chain management. It covers best practices, strategies, and techniques for effective procurement. While broader than just pre-award, it offers valuable context and insights into the overall procurement process. It useful reference for understanding the strategic implications of pre-award decisions.

Putting Knowledge to Work

Paperback

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Putting Knowledge to Work

Kindle Edition

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Glannon Guide to Sales

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Provides a clear and accessible overview of contract law principles. It's particularly helpful for those new to the field or needing a refresher. The book covers essential topics such as contract formation, interpretation, and enforcement. It serves as a valuable reference for understanding the legal aspects of pre-award contract management.

Glannon Guide to Sales: Learning Sales Through...

Kindle Edition

$$$

CM102

Mastering Complete Pre-Award Contract Management

What's inside

Learning objectives

Syllabus

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Reviews summary

Practical pre-award contract management essentials

Activities

Career center

Reading list

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