Contract Management: 10. Contract Conclusion or Renewal
Learning objectives
- Gain an understanding of how contracts can draw to a close. Learn about contract renewals, renegotiations, and concluding a contract without renewal. Explore ways to follow up and maintain good relationships with your contract partners.
Course overview
Contracts can come to a close in a variety of ways. They can end once all the terms have been met. They can conclude with a contract renewal or without renewal. They can also end in a breach of the contract. In this course, we'll go through these various scenarios and discuss your role as a contract manager. We'll go over automatic renewals, renegotiations, internal communications, and more.
The individuals involved in the development and promotion of this course do not receive any compensation or financial benefits outside of their regular employment for their work on this course.
