CIPS Preparing and Managing Contracts : A8

  • Exam Code: A8
  • Exam Name: Preparing and Managing Contracts
  • Q & A: 144 Questions and Answers

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CIPS A8 Exam Syllabus Topics:

SectionObjectives
Introduction to Contracting Principles- Role and purpose of contracts in procurement
  • 1. Importance of enforceable agreements
    • 2. Legal and commercial context of contracts
      Contract Termination and Risk Management- Ending contracts and managing disputes
      • 1. Dispute resolution mechanisms
        • 2. Contract risk identification and mitigation
          • 3. Termination clauses and exit strategies
            Contract Award and Negotiation- Tendering and evaluation
            • 1. Negotiation strategies and tactics
              • 2. Selection criteria and supplier evaluation
                Types of Contracts and Pricing Arrangements- Common contract types
                • 1. Fixed price contracts
                  • 2. Framework agreements
                    • 3. Cost-reimbursable contracts
                      Contract Management and Performance- Managing contract delivery
                      • 1. Key performance indicators (KPIs)
                        • 2. Monitoring supplier performance
                          • 3. Managing change and variations
                            Contract Formation- Elements of a valid contract
                            • 1. Offer and acceptance
                              • 2. Capacity and legality
                                • 3. Consideration and intention to create legal relations

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