MITSDE brings you a PG Diploma in Construction and Project Management course that will prepare you for challenging roles within the corporate domain, imparting the best theoretical and practical knowledge.
1. MIT School of Distance
Education
Essential Stages of Contract
Management
2. Contract Management
• Contract management is the process of overseeing the
creation, negotiation, execution, and termination of
contracts.
• It is a critical part of business operations, as contracts help
to ensure that all parties involved in a transaction
understand their rights and obligations.
• Construction contract management is a complex and
challenging process, but it is essential for ensuring the
success of a construction project.
• If you are involved in a construction project, having a good
understanding of contract management is essential.
3. 7 Essential Stages of Contract Management
1. Planning: This stage involves identifying the need for a contract, defining the scope of the contract, and
identifying the parties involved.
2. Negotiation: This stage involves bargaining with the other party to reach an agreement on the terms of
the contract.
3. Execution: This stage involves signing the contract and making it legally binding.
4. Administration: This stage involves monitoring the performance of the contract and ensuring that the
terms are being met.
5. Change management: This stage involves managing any changes to the contract.
6. Termination: This stage involves ending the contract per the terms.
7. Dispute resolution: This stage involves resolving any disputes that arise under the contract.
4. Construction has always been a profitable business sector. With the increasing number of players in
this field, systematic execution of the operations becomes detrimental to a successful business.
MIT School of Distance Education (MITSDE) is one such institute that understands the current skills
gap in the market and strives hard to reduce it.
Hence, MITSDE brings you a PG Diploma in Construction and Project Management course that will
prepare you for challenging roles within the corporate domain, imparting the best theoretical and
practical knowledge.
Learning Construction Management
5. Why MITSDE ?
• Develop the planning, organizational and execution skills of a construction manager.
• Learn the latest construction management techniques and technologies
• Understand the global construction and project management practices
• Learn to analyze the issues related to cost, safety, design, operations and logistics
• Learn to communicate effectively, coordinate with teams and make ethical decisions
6. • Facility Operation Specialist
• Program Manager
• Infrastructure Manager
• Project Resource Manager
• Operation Manager
• Infrastructure Administrator
Potential Careers Opportunities
Many medium to large companies working in various sector need knowledgeable work force in the roles of:
7. MIT School of Distance Education is one of the largest distance learning center in India. We offer various Post
Graduate Diploma and Certificate programs & Online MBA Courses across various industry sectors including
Operations Management, Project, Information Technology, Banking and Finance, Digital Marketing, Business
Analytics and many more. MITSDE has an online assessment system, flexi-learning approach and provides state-
of-the-art Learning Management System (LMS), which aligns with its mission of 'flexible learning opportunities
anywhere, anytime, and to provide ultimate convenience, ease, and flexibility to our students.
About US
8. o Regularly updated syllabus
o Industry-relevant course offerings
o Courses taught by Industry Experts
o Affordable courses
o No cost EMI options
o Self-paced learning
o Live webinars and doubt solving sessions
o Quick and highly-responsive student
support
o Dedicated student support team
Advantage of learning with MITSDE
9. Placement Record at MITSDE
MITSDE has a dedicated Placement Cell providing 100% placement, CV building workshops and Career
Counseling.
Our Student Placement :
