Fundamentals of Contract & Commercial Management

CPD Points Available
Gain 10 CPD points by completing this program

IACCM’s Fundamentals or 'Contracting Lite' program is designed specifically for the non-contracts and those Commencing Contract Management as a Career, general business professional. The Fundamentals Program focuses on delivering contemporary best practice information that will equip you to participate effectively in the contract process - in a way that you will find interesting and immediately useful in your personal and professional life.


The cost of the program is $395 per person.

The Fundamentals Program is a 7 hour on-line training course, accompanied by a practical, readable
supporting text (7 hour reading), which provides you with basic insights and understanding of contracting
principles and the impact they have on both your business and personal life. You will have a 12 months license to access the program.

Successful completion of the program and final examination will earn you an IACCM Certificate of Completion. IACCM Associate Level Certification will be awarded to those who successfully complete the program and are IACCM Full Members.

Course Objectives

At the end of this course, you will understand:

  • The significance & role of contracts and contracts professionals in the world of business
  • The contract management lifecycle & the elements essential to each of its phases
  • How to select appropriate approaches and tools from a broad range of contracting knowledge
  • Key concepts in contracts & associated legal considerations
  • Basic contract risk assessment techniques
  • The principles & process of contract negotiation
  • Effective post-contract signature delivery and operations (governance)
  • How to prepare for & take the IACCM Contract & Commercial Management Fundamentals examination
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