How to Become a Contract Manager: Australian Careers in Business Management

2 Courses

Displaying 2 of 2 courses

Filters

Clear all

Location

Industry

Study Mode

Payment Option

Qualification

Course Provider

TLI50221

Diploma of Logistics

Searching for a world-class qualification to help you make it as a logistics professional? The Diploma of Logistics (TLI50221) from the College for Adult Learning is the course you need to unlock your career potential.

No modern business can run without logistics. The experts in charge of this area are responsible for the management of the flow of goods and services from origin to consumption, with the overarching aim of meeting customer requirements at all times. This course prepares you for this responsibility, equipping you with essential skills for overseeing chain management, procurement and purchasing. You’ll also learn how to integrate key business processes while considering the end user as well as managing the original suppliers.

Delivered 100% online, this course will teach you how to manage the logistical functions of an organisation, even if you don’t already have work experience. Through workplace-based assessments and course content created in consultation with industry professionals, you’ll gain a qualification that will enhance not only your employment prospects, but your overall confidence and expertise as a logistics professional.

Online

Contract Manager, Logistics Manager, Logistics Operation Manager, Procurement Manager, Purchasing Manager, Supply Chain Customer Service Manager, Supply Chain Manager

Price may vary

12 months full-time; 14–16 months part-time

BSB50120

Diploma of Business (Procurement)

Are you ready to dive head-first into the next career opportunity in the procurement industry? The Diploma of Business (Procurement) (BSB50120) from the College for Adult Learning is the perfect course to help you take your all-important next step.

Develop, implement and review procurement strategies to analyse and continuously improve your organisation and supply chain. With graduate outcomes in a diverse range of industries, job opportunities include procurement officer, procurement and contract manager, compliance manager and supplier relations manager.

You’ll learn:

Managing resources and the supply chain process
Developing strategies based on ethical procurement
Analysing and implementing strategies to facilitate continuous improvement
Finalising contracts and managing contract performance

So don’t hesitate – commit to yourself and your career and enquire about this online diploma today!

Online

Compliance Manager, Contract Manager, Procurement Manager, Procurement Officer, Procurement Specialist

Price may vary

Part-time: approx. 14-16 months; Full-time: approx. 12 months

On this page

What is a Contract Manager?

What will I do?

What skills do I need?

Resources

What is a Contract Manager?

The role of a Contract Manager is both dynamic and essential in today’s business landscape. These professionals are responsible for overseeing the creation, negotiation, and management of contracts that govern the relationships between organisations and their clients, suppliers, or partners. By ensuring that all parties adhere to the terms of the agreements, Contract Managers play a crucial role in minimising risks and maximising value for their organisations. Their expertise is sought after across various industries, including construction, healthcare, and information technology, making this a versatile and rewarding career choice.

Contract Managers are tasked with a variety of responsibilities that require a keen eye for detail and strong negotiation skills. They develop, review, and negotiate contract terms, ensuring that all agreements align with the organisation’s goals and legal requirements. This involves collaborating with project managers, legal teams, and other stakeholders to address any issues that may arise during the contract lifecycle. Additionally, they are responsible for managing the documentation associated with contracts, which includes tracking amendments and ensuring compliance with regulatory standards.

Daily tasks for a Contract Manager often include responding to inquiries related to contract terms, resolving disputes, and advising senior management on contractual matters that require attention. They must stay informed about industry trends and changes in legislation that could impact their contracts. This proactive approach not only helps in maintaining strong relationships with partners but also positions the organisation for success in its contractual obligations. The role is not just about managing paperwork; it is about fostering collaboration and ensuring that all parties are aligned towards common objectives.

With the increasing complexity of business transactions, the demand for skilled Contract Managers continues to grow. This career offers opportunities for professional development and advancement, as individuals can specialise in various sectors or move into higher management roles. For those who enjoy problem-solving and thrive in a collaborative environment, a career as a Contract Manager can be both fulfilling and impactful, contributing significantly to the success of their organisation.

Career snapshots For Contract Managers

Contract Managers play a crucial role in overseeing and negotiating contracts for various organisations, ensuring compliance and managing risks associated with contractual agreements. This profession is vital across multiple industries, including construction, public administration, and professional services.

Average Age: 41 years
Gender Distribution: 49% female
Hours Worked: Average of 43 hours per week, with 87% working full-time
Employment Numbers: Approximately 21,200 people are employed as Contract Managers
Projected Growth: Employment growth is anticipated to remain steady, although specific annual growth rates are not available
Unemployment Rate: The unemployment rate for this occupation is not specified, but it is generally low due to the demand for skilled professionals

As the demand for effective contract management continues to rise, individuals considering a career in this field can expect a stable job market and opportunities for advancement. With a balanced gender representation and a significant number of professionals employed, Contract Management is an inclusive and rewarding career choice.

Source: ABS, 2021 Census of Population and Housing.

What will I do?

A Contract Manager plays a crucial role in overseeing and managing contracts within an organisation. This position involves preparing, interpreting, and negotiating contracts to ensure compliance and mitigate risks. Contract Managers work closely with various stakeholders, including project managers and senior management, to ensure that contractual obligations are met and that any issues are resolved efficiently. Their expertise is essential in maintaining positive relationships with clients and suppliers while safeguarding the interests of their organisation.

Develops, reviews and negotiates variations to contracts, programs, projects and services – Ensures that all contractual agreements are accurate and reflect the needs of the organisation.
Responds to inquiries and resolves problems concerning contracts, programmes, projects, services provided, and persons affected – Acts as the primary point of contact for any contract-related issues.
Manages paperwork associated with contracts, programmes, projects and services provided – Organises and maintains all documentation to ensure compliance and easy access.
Works with project managers, architects, engineering professionals, owners and others to ensure that goals are met – Collaborates with various teams to align contract terms with project objectives.
Advises senior management on matters requiring attention and implementing their decisions – Provides insights and recommendations to leadership regarding contract management strategies.

What skills do I need?

A career as a Contract Manager requires a diverse set of skills that are essential for effectively managing contracts and ensuring compliance with legal and organisational standards. Strong analytical skills are crucial, as Contract Managers must review and interpret complex contract documents, identify potential risks, and negotiate terms that align with the organisation’s objectives. Additionally, excellent communication skills are necessary to liaise with various stakeholders, including project managers, legal teams, and clients, ensuring that all parties are informed and aligned throughout the contract lifecycle.

Furthermore, a solid understanding of project management principles is beneficial, as Contract Managers often oversee multiple contracts simultaneously, requiring them to prioritise tasks and manage timelines effectively. Attention to detail is paramount, as even minor oversights can lead to significant legal and financial repercussions. Lastly, proficiency in relevant software and tools for contract management can enhance efficiency and accuracy in tracking contract performance and compliance. By developing these skills, individuals can position themselves for success in the dynamic field of contract management.

Skills/attributes

Strong negotiation skills
Attention to detail
Excellent communication abilities
Problem-solving skills
Knowledge of contract law and regulations
Project management experience
Ability to work collaboratively with diverse teams
Organisational skills
Analytical thinking
Time management skills
Proficiency in contract management software
Understanding of financial principles
Ability to manage multiple contracts simultaneously
Adaptability to changing circumstances
Leadership qualities

Resources

NATIONAL

QLD

VIC

ACT

TAS

CourseFinder makes every effort to ensure the information we provide is correct at the time of publication. We welcome your input to help keep our career profiles as accurate and up to date as possible. All queries and feedback will be taken into consideration as we conduct periodic reviews of our content. Add your voice to the conversation!

How to Become a Contract Manager: Australian Careers in Business Management

What is a Contract Manager?

Career snapshots For Contract Managers

What will I do?

What skills do I need?

Skills/attributes

Resources

Career Outcomes