Contract Operations by the Numbers: Request Intake, Review Cycle Times, Clause Deviations, Renewal & Notice Calendars and Contract Value Under Management
Measure and run a contract desk like an operations team. You will track contract requests by type, measure review cycle times and stage durations, check service levels, score clause deviations against a fictional playbook, build renewal and notice calendars, find auto-renewal exposure and report value and workload per reviewer, with every cell checked as you go.
One-time payment ยท lifetime access ยท lessons, labs, exam and certificate included ยท no subscription.
About this course
In this course you run the contract desk of a fictional group in a spreadsheet, with every formula checked. You count requests by type and month with COUNTIFS and EOMONTH and measure the month-end backlog. You calculate cycle times in calendar and working days, summarise them with the median and the 90th percentile and split them into stages to find the bottleneck. You test requests against service targets, score clause deviations with a fictional playbook, build a renewal and notice calendar with EDATE and WORKDAY, value auto-renewal exposure and savings at risk, and report contract value under management and workload per reviewer.
Lessons
- Request Intake: Requests by Type and Month, Signatures and the Month-End Backlog Pro
- Cycle Times: Calendar and Working Days, the Median and the 90th Percentile Pro
- Stage Durations: Drafting, Review, Negotiation, Signature and the Bottleneck Pro
- Service Levels: Targets by Contract Type, Requests over Target and % Closed within Target Pro
- Clause Deviations: Deviation Rates per Clause, Risk Points from a Playbook and Escalations Pro
- Renewal & Notice Calendar: End Dates with EDATE, Notice Deadlines with WORKDAY and the Next 90 Days Pro
- Auto-Renewal Exposure: Value Renewing Automatically, Missed Notice Windows and Savings at Risk Pro
- Capstone: Contract Value under Management, Workload per Reviewer and a Requests Chart Pro