Commercial Contractual Due Diligence
This curriculum provides procurement professionals with a disciplined approach to vetting supplier contracts and evaluating financial viability. It focuses on minimizing commercial exposure through rigorous analytical evaluation of terms and conditions.
£450
Certified Procurement Specialist
- Pass mark 70%
- Certificate on completion
- Verifiable public certificate ID
- English · available globally
Commercial Contractual Due Diligence: the short answers
- What is Commercial Contractual Due Diligence?
- This curriculum provides procurement professionals with a disciplined approach to vetting supplier contracts and evaluating financial viability. It focuses on minimizing commercial exposure through rigorous analytical evaluation of terms and conditions.
- Who is Commercial Contractual Due Diligence for?
- It is pitched at Intermediate level for Procurement Specialists working in Business Management Fundamentals, and is studied online from any country.
- How long does Commercial Contractual Due Diligence take?
- Around 20 hours of study, plus the assessed assignments and one applied project.
- How is the certification assessed?
- Every assignment and the final project are assessed automatically against the published criteria. The pass mark is 70%, and an item that does not pass can be resubmitted.
- What do I receive when I pass?
- Certified Procurement Specialist, issued as a certificate with a unique ID that employers can check in the public certificate register.
- How much does it cost?
- £450 once, with no subscription.
What you will be able to do
- Evaluate supplier financial stability metrics
- Identify risks in standard service level agreements
- Negotiate performance-based commercial clauses
- Conduct comparative value-for-money analysis
Written by Marcus Thorne, Procurement Director. Every submission is assessed automatically against the published criteria for Certified Procurement Specialist, and the certificate is issued the moment the assessment is complete.
20 topics in this subject area
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