Commercial Management

Explore cost control, risk management, and business optimisation techniques effectively.

Overview:

Commercial management is about making business decisions that don’t cause sleepless nights. This course explores strategic frameworks for contract oversight, supplier control, risk assessment, and financial evaluation—all tailored for anyone with their hand near the company purse.

From procurement pathways to contract negotiation, you'll explore the fine art of ensuring profits don’t disappear between line items. Think of it as training your commercial instinct with structured logic and a calculator.

Learning Outcomes:

• Understand the scope and purpose of commercial management.
• Interpret supplier contracts and commercial documentation confidently.
• Monitor cost plans and mitigate financial project risks.
• Evaluate procurement strategies with defined performance metrics.
• Understand risk-based pricing structures in business contracts.
• Support commercial decisions with logical financial reasoning.

Who is this Course For

• Project managers handling financial project responsibilities.
• Procurement officers reviewing supplier terms and pricing.
• Contract administrators working on client negotiations.
• Commercial analysts modelling cashflow or supplier data.
• Quantity surveyors overseeing construction-related contracts.
• Business operations staff monitoring purchasing trends.
• Logistics coordinators assessing supply cost variation.
• Junior executives preparing for budget oversight duties.

Career Path

• Commercial Manager – £58,000 average salary
• Procurement Analyst – £41,000 average salary
• Quantity Surveyor – £45,000 average salary
• Contract Administrator – £32,000 average salary
• Project Coordinator – £36,000 average salary
• Commercial Risk Officer – £42,000 average salary