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Certified International Commercial Contracts Manager (CICCM)

Contract management is the process of managing contract creation, execution and analysis to maximize operational and financial performance at an organization, all while reducing financial risk. Organizations encounter an ever-increasing amount of pressure to reduce costs and improve company performance.

The US-based International Purchasing and Supply Chain Management Institute (IPSCMI) has tiedup with ITI institute to offer professionals a unique opportunity to upgrade their skills.

PARTICIPANTS WILL LEARN

  • Contract administration concepts
  • Different contract types and their effects on administration
  • Expediting procedures
  • Work control procedures
  • Compliance procedures
  • How to administer contracts which will require use of buyer-provided property
  • Financial responsibility procedures
  • Contract financing and payments
  • Administrative responsibilities
  • Claim avoidance and processing
  • Procedures for termination of contracts
  • Dispute resolution procedures
  • Procedures for closeout of contracts
  • Supplier management concepts

Program Benefits

  • This is a core certification program of The International Purchasing and Supply Chain Management Institute (IPSCMI). This program offers the designation of CICCM (The Certified International Commercial Contracts Manager) to candidates who demonstrate their understanding of the fundamentals of the profession through the successful completion of rigorous professional certification examinations based upon the INTERNATIONAL COMMERCIAL CONTRACTS MANAGEMENT BODY OF KNOWLEDGE (ICCMBOK).
  • A survey done by a Purchasing Magazine revealed that certified professionals earn 48% more salary than non certified professionals.

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