What is Contract Management?
Within construction there is a lot of different parties involved throughout the lifecycle of the project. Therefore, a contract needs to be in place from the projects conception, all the way up until its completion. Through years of experience and practice, it became evident that the best way to tackle construction standards, was to have a contract manager in place to act as an overseer. Contract Management is now an integral part of a construction project and becoming a contract manager comes with many perks. This is why the role of a construction manager is rising in popularity.
What Does Contract Management Involve?
The average day of a construction manager is varied. As a construction manager is involved from the conception of the project, they are there from the very first step. At the start for a new project, they will meet with clients to discuss their initial wants and needs. Next, they shall draw up legal documents that outline any terms of service and what the project with deliver. Following that they then negotiate terms and conditions with the clients and any third parties. Furthermore, they are in charge of studying the legalities of the contract.
With that in mind, it is easy to see that the contract manager has a lot of different responsibilities. Therefore, if you are looking at becoming a contract manager you need to be highly skilled. Due to the level of responsibility involved, as well as the qualifications and skills require, the annual salary of a contract manager is very high. A newly qualified contract manager can expect to earn £25,000 at the start of their career. More experienced construction managers can expect to earn up to £70,000 per year. The expected working hours for construction management average at between 38-40 hours per week.
Training for Contract Management
The role itself is very demanding, and requires a lot of skills and theorical understanding. Therefore, to become a competent contract manager you need to undergo specific training. There are a few potential different routes you can choose when looking to learn about contract management. Each has its own benefits, but this is all learner dependant. It is important that when you are looking to study a course, you decide which course suits you best.
Firstly, it is worth noting that university is the most academic route. If you are good with written work and are better suited to an academic learning environment, university might be a great choice for you. Through university you can study a foundation degree, an undergraduate degree or a Higher National Diploma (HND). These courses cover a wide range of content, and give you the opportunity to meet people with similar interests and ambitions. Be aware that most full time university degrees take years to complete, and can be very costly.
The second route you could take would be to apply for an apprenticeship. These are a more practical route, that involve learning whilst working in an appropriate environment. Your work week will be split between study and training time, and actual work. This gives you the opportunity to see the practical application of what you are learning about. To study contract management you can either enrol in a higher level apprenticeship or a degree level apprenticeship. Although you receive work experience whilst training, the pay can be quite poor depending on who you apply with.
Finally, there is the option to apply for an online course. Although the courses themselves are more academic in delivery, the flexibility of attendance allows you to continue working full time throughout the course duration. The courses vary in length depending on the course you have chosen. The content can differ dependant on the course you decide to take. These are a very popular option due to their accessibility and price. Thanks to the lack of resources needed to deliver online courses, the price is dramatically cheaper than university courses.
Online Learning with the College of Contract Management
For those who are looking to study whilst they work, the College of Contract Management offers a fantastic course. The course itself is hosted on the weekend and in the evenings, allowing you to continue full time working whilst you’re enrolled. The course itself is a 6-9 programme, its comprised of 8 modules. The modules each end with an exam. All lectures are delivered by full qualified contract managers with extensive experience. Once a lecture is delivered, it is also recorded and put on the College’s Moodle platform for later access should you need to recap something. As each module is finished with an assessment, you do have the possibility to revise or resubmit your assignments is the results are not satisfactory.
The job of a contract manager is varied and exciting. There is constantly new projects to work on, and there will always be a need for qualified contract managers. If you are interested in construction, but also enjoy the theorical side of the job, contract management is a perfect option. You need to be skilled within the industry to understand the tasks at hand, but you also need to have a strong background of knowledge. To help you gain such understanding, there are courses available, such as those delivered by the College of Contract Management. These courses help you expand your skillset and increase your capabilities.