Certified Commercial Contract Manager (CCCM)

Course ID:               GICM520
Course Duration:   40 Hours / 35 PDU

 About CCCM®

 A Certified Commercial Contracts manager (CCCM) shows that you are knowledgeable about the practice of contracts management in the commercial environment. To earn the CCCM, a candidate must take and pass the Commercial Knowledge module exam. Certification is a mark of distinction. It sets the credentialed individual and his/her workplace apart from others in the same profession. A certified individual communicates that he or she has attained a certain level of expertise and is committed to maintaining the highest level of professionalism.

 NCMA’s certification program, in particular, sharpens candidates’ focus. Certification provides a direct link between the individual in the workplace and the rest of the professional community. This link provides support, guidance, and opportunity.

 Certification increases and enhances competition in the labor market. Employers also enjoy a level of assurance with respect to a certified individual’s knowledge, application of that knowledge, and continued professional development.

 Eligibility Requirement for CPCM®

A candidate is required to have:

·         A degree from a regionally or Distance Education Accreditation Council (DEAC) accredited institution at the bachelor's level.

·         Degrees from outside the U.S. must be evaluated by an independent third party such as World Education Services or Foreign Credits.

·         One year of work experience in the contract management field.

·         80 hours of continuing professional education

 

Who should attend?

  • Contract Administrator
  • Contract Manager
  • Procurement Manager

Exam Fee and Membership Fee:

·         NCMA Membership: 175 $

·         Member: 150 $ / Non Member: 325 $ (Including one year complimentary membership)

Exam Details:-

·         Exam Duration: 4 Hours 

·         Question Type: 150 Multiple Question

·         Passing Score: 70 % 

 Course Content

 COURSE MODULE – 1

·         Contract Definition

·         Requirements for a legally valid contract

·         Contract Terminology

·         Contract Types

·         Contract Management

·         Contract Management Profession

·         Contract Life Cycle

·         Contract Stakeholders

 

COURSE MODULE - 2

·         Acquisition Strategy Competencies

·         Acquisition Planning

·         Market Research

·         Pre-award Contract Competencies

·         Requirement Preparation

·         Publicity

·         Proposal Evaluation

·         Source Selection

·         Negotiations

·         Contract Award Competencies

·         General Business Competencies

 COURSE MODULE - 3

·         Contract Agreement & Conditions of Contract

·         Agreement & Contract Information

·         Variation clause

·         Force majeure

·         Priority of Contract Documents

·         Termination by Contractor

·         Contracts Administration

·         What is Contract Administration?

·         Key areas to manage for a Contract Administrator

·         Key actions in Contract Management

·         Valuation of Changes

·         Value Engineering

 

COURSE MODULE - 4

·         Cost and Categories of Cost

·         Cost Management

·         Cost Accounting

·         Budgeting & Managing Budgets

·         Cash Flows

·         Principles of Economics

·         Depreciation Techniques

·         Time value of Money

  COURSE MODULE – 5

·         Time – Essence of any Contract

·         Project - Features

·         Work Breakdown Structure

·         Planning – A need

·         Scheduling Techniques

·         CPM – Network analysis

·         Delay – Causes & Impacts

·         Delay – Types & Categories 

COURSE MODULE - 6

·         Commercial Awareness

·         Key terms

·         Commercial Relationships

·         Competition law

·         Partnerships and Partnering

·         Consortia and Joint venture Companies

·         MOU and Multi-party Agreements

·         Managing the Supply chain

·         Supply Chain Management

·         SWOT and SCOR

·         Supply Chain Design

·         Supply Chain Metrics

·         Lease vs. Buy and International Sourcing

·         Code of Ethics in the Supply Chain

·         Green Procurement 

COURSE MODULE - 7

·         Delay Analysis

·         Acceleration

·         Cost for Crashing

·         Prolongation Costs

·         Claims & Conflicts

·         Disputes & Conflicts

·         Dispute Avoidance

·         Negotiation 

COURSE MODULE - 8

·         Conflicts and Disputes

·         Conflict Management

·         Contract Provision-DAB

·         Amicable Settlement and Arbitration

·         Arbitration

·         Institutional and Ad hoc arbitration

·         Arbitration Procedure

·         Selection of Arbitrators

·         The Award

·         Enforcement of Award

·         Mediation

·         Types of Mediation

·         Facilitative Mediation Process

·         Mediator Skills

 

COURSE MODULE - 9

·         Principles of Commercial Risk Management

·         Commercial Risk Management

·         The Risk Pendulum

·         Contract Risk Management

·         Distribution of risk responsibility

·         Risk tornado chart

·         Project Risk Management Plan

·         Risk Identification

·         Risk Assessment

·         Risk Mitigation

·         Risk Contingency Planning

·         Risk Tracking and Reporting

·         Common Risk Management Errors

·         Claim Avoidance 

COURSE MODULE - 10

·         Uniform Commercial Code

·         Article 1, 2 & 2.A

·         Conditions of Contract

·         Methods of Measurements

·         Managerial Skills.

·         Communication.

·         Doubts & Discussions.

·         CCCM Exam scheduling & Preparation

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