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Contract Management is a very relevant element in the procurement cycle. It is accountable for more than 95% of the managing cost of a project. The risk involved in contract management is significant. Hence, World Bank thinks that enhancing and improving the skills in contract management is very important.
World Bank has launched this MOOC course, Certificate Program in Contract Management (CPCM) with state-of-the-art e-learning tools and technologies. This programme will provide a wonderful opportunity for users to refresh their understanding of the various processes involved in contract management.
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