Outsourcing and Contract Management Training Course

CPD certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. Many organisations look for employees with CPD requirements, which means, that by doing this course, you would be a potential candidate in your respective field.

The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries.

Introduction

• Introduction
• Ground Definitions of Contracts and Outsourcing
• Case Study Pros and Cons of Outsourcing
• IN-House Delivery vs. Insourcing vs. Outsourcing

Behavioral Economics

• Rational Choice Theory
• Practical Excercise in Rational Decision-Making
• Bounded Rationality Theory
• What is Satisficing
• Heuristics in Real Life
• Decision-Making Under Stress

Transactional Cost Economics and Incomplete Contracts

• TCE and Incomplete Contract Theory
• Outsourcing Decisions Explained by the TCE
• Practical Case the Way to Resolve Hold-Up Problem

Formal and Relational Contracts. Outsourcing relationship types and contracts.

• A Theory of Social Contracts by Ian Macneil
• The Agency Theory
• Types of Contracts
• The Evolution of Relational Contracting
• Fort Model to Segment Outsourcing Providers by the Relationship Types
• Applied Fort Model Exercise
• Outsourcing Services and Applicable Contract Types
• The CO-Existence of Formal and Relational Contracts
• Contracting Parties’ Expectations Under the Relational Contract
• The Practical Treatment of Relational Contracts by English Law
• How to Build the Successful Outsourcing Relationships

Outsourcing Strategy

• Types of Outsourcing Services
• Outsourcing Locations
• Outsourcing Strategy

This comprehensive basic online course on contracts and outsourcing course is suitable for anyone looking to improve their job prospects or aspiring to accelerate their career in this sector and want to gain in-depth knowledge of contracts and outsourcing.

• There are no academic entry requirements for this basic online course on contracts and outsourcing course, and it is open to students of all academic backgrounds.
• As long as you are aged seventeen or over and have a basic grasp of English, numeracy and ICT, you will be eligible to enrol.

This course assesses learners through multiple-choice questions (MCQs). Upon successful completion of the modules, learners must answer MCQs to complete the assessment procedure. Through the MCQs, it is measured how much a learner can grasp from each section. In the assessment pass mark is 60%.

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Endorsed Certificate from Quality Licence Scheme

After successfully passing the MCQ exam you will be eligible to order the Endorsed Certificate by Quality Licence Scheme. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. It will give you a competitive advantage in your career, making you stand out from all other applicants and employees. There is a Quality Licence Scheme endorsement fee to obtain an endorsed certificate which is £65.

Certificate of Achievement from Lead Academy

After successfully passing the MCQ exam, you will be eligible to order your certificate of achievement as proof of your new skill. You will get the CPD-accredited PDF certificate free of cost, which is included with the course. There is an additional fee to obtain a printed copy of the CPD-accredited certificate, which is £35.