Loading...

Course Description

Choosing the best contract for a given purchasing situation requires you to skillfully examine the critical characteristics of contracts and understand how certain parameters can help your organization meet its procurement goals. In this lesson, you will explore different types of contracts, including fixed-price contracts and cost-based contracts, along with their common elements. You will also consider several of the risks and benefits of long-term contracts. Finally, you will look at some of the important considerations of contract duration and settling contractual disputes.

Benefits to the Learner

  • Explore the common elements of purchase contracts
  • Identify different types of contracts
  • Examine the important considerations of contract duration and settling contractual disputes
Loading...
Enroll Now - Select a section to enroll in
Type
self-paced (non-instructor led)
Dates
Aug 01, 2022 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
Required fields are indicated by .