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CICCP – Course Description

Did you know that professionals Certified International Commercial Contracts Professional earn upto 20% more than their non-certified peers? With the global supply chain market projected to reach $10.6 trillion by 2025, the demand for certified professionals in international commercial contracts is expected to rise. Our course covers everything, from the fundamentals of contract management to contract types and best practices for effective stakeholder management, ensuring organisations can safeguard their interests. Join our IFPSM-approved course and enjoy additional benefits, including guaranteed internships, scholarships, job assistance, and more.

Course duration 

  • 30 Training Hours
  • 150 Self-Study Hours

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    Recognitions

    The International Commercial Contracts Professional course (CICCP)  at WingsWay Training Institute holds accreditation from the International Federation of Purchasing and Supply Management (IFPSM), based in Finland. The IFPSM is a union of 44 National and Regional Purchasing Associations that sets the quality standards for supply chain and procurement educational programs. Furthermore, the Knowledge and Human Development Authority (KHDA) has endorsed our institution’s commitment to delivering high-quality private education in Dubai.

    Learner’s Profile

    This course is suitable for:

    • Professionals transitioning into supervisory or team-leader roles
    • Professionals currently in supervisory or team-leader roles
    • Individuals seeking training and development in contract management
    • Those in need of a comprehensive understanding of the contract management process
    • Individuals looking to strengthen their foundational knowledge of contracts and contract management
    • Professionals aiming to enhance their existing skill set in contract management

    Course Content

    Unit 1 – Introduction to Contracts

    • Contract and contract management definition
    • Importance of contract management
    • Structure of a contract
    • Stakeholders roles in contract management

    Unit 2 – Contracts

    • Alternative Dispute Resolution
    • Arbitration & Legal Issues
    • Contracts Types & Categories
    • Unilateral and Bilateral

    Unit 3 – Best Practices

    • Strong and Lean structures
    • Value Proposition Evolvement
    • 360-degree Alignment & ROI
    • Early Involvement and Influence
    • Supply Risk Vs Reward
    • Service Delivery Model
    • Opportunism and Deliberation with Full capability

    Unit 4 – Types of Contract

    • Fixed Price with Economic Price Adjustment
    • Blanket Agreement
    • Cost No-Fee & types of Cost sharing and Plus
    • Time and Materials with Labour Hour
    • Letter Contracts & Letter of Credits list

    Learning Outcomes

    Upon completing this course, you will have the skills to:

    • Efficiently manage the Procurement Process.
    • Effectively manage the Supply Base.
    • Handle Operational Requirements effectively.
    • Build strong Supplier Relationships.
    • Foster positive interdepartmental relationships.
    • Gain a comprehensive understanding of procurement responsibilities.
    • Apply acquired knowledge confidently in various roles.

    Entry Qualification

    This course accommodates the following individuals:

    • Under Graduation
    • Associated with contracts
    • New to contract management
    •  

    Key Topics

    In this contract management certification, we have thoughtfully crafted it with the help of industry experts to cater to newcomers and industry novices. Below are some key topics you’ll delve into during this course.

    • Introduction to contract
    • Types of contract
    • Structure of contact
    • Unilateral and bilateral contracts
    • Best practices
    • Procurement Planning & Risk
    • Competitive Bidding
    • Negotiation & Selection
    • Letter of credits
    • Problem-solving and Contract life cycle
    • Supply chain
    • Logistics
    • Contract manager
    • Risk management

    Career Opportunities

    After successfully completing this IFPSM-approved course, you will qualify for various job roles worldwide in procurement, supply chain, and logistics. Below are a few job roles available for certified international commercial contracts professionals.

    • Procurement Manager
    • Chief Procurement Officer (CPO)
    • Supply Chain Manager
    • Supply Chain Analyst
    • Logistics Consultant
    • Strategic Sourcing Manager
    • Customer Relationship Manager
    • Customer Contract Manager

    FAQs

    Commercial contract management involves overseeing and administering the contracts a company enters into with its clients, suppliers, and partners. It encompasses tasks such as negotiation, drafting, monitoring compliance, and resolving disputes to ensure that contracts meet the organisation's objectives and legal requirements.

    The CICCP certification offers increased job opportunities globally, enhances skills and knowledge in commercial contracts, keeps you updated on industry trends, opens up advancement opportunities, and earns professional recognition.

    Yes, CICCP certification is recognized globally and valued by employers in various industries involved in international commercial contracts.

    The course typically covers a range of topics, including contract law, negotiation strategies, contract drafting, risk management, and international trade regulations.

    At WingsWay Training Institute, we proudly offer IFPSM-certified courses that provide students with a global exposure in the supply chain and procurement industry. Our program comes with a range of exclusive benefits, including assured internships, scholarships, interest-free EMI options, and numerous other advantages.

    About The Instructor

    Manish K Dalal

    Manish K Dalal is an engineering graduate with an MBA and MCIPS (UK) and CMILT qualifications, with 20+ years of industry expertise in setting up logistics infrastructure for renowned companies. His teaching method combines real-world case studies and interactive discussions, making complex supply chain, procurement, and logistics concepts easily understandable. Manish conducts workshops, sharing extensive knowledge in supply chain, procurement, logistics, and warehousing, establishing him as an exceptional trainer.