How to Become an IT Contracts Manager
Step 1: Understand the job description and responsibilities of an IT Contracts Manager
What does an IT Contracts Manager do?
AN IT Contracts Manager creates, writes, negotiates and reviews hardware or software licensing contracts. Works with the Business Development team in establishing agreements that reflect the interests of partners and the company. Being an IT Contracts Manager also works with legal counsel when drafting licensing agreements. Ensures contract performance and rewrites or amends as necessary. Additionally, IT Contracts Manager requires a bachelor's degree. Must have a solid understanding of web technology. Typically reports to a head of a unit/department. The IT Contracts Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be an IT Contracts Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.
IT organizations put great focus into drawing up their outsourcing contracts, but those agreements alone do not guarantee satisfactory outcomes.
Step 2: Learn best tips to become an IT Contracts Manager
Best tips for those who want to become an IT Contracts Manager
Here are some tips to become an IT Contracts Manager.
Step 3: View best colleges and universities for IT Contracts Manager
Best colleges and universities for IT Contracts Manager
- Butler University
- Carroll College
- Cooper Union
- High Point University
- Princeton University
- Providence College
Step 4: Think about whether is it worth to be an IT Contracts Manager
Is being an IT Contracts Manager Worth it?
The contracts department is usually equipped to handle the majority of these negotiations directly, according to the publisher’s policies and practices.
Construction managers must have the analytic ability to keep their projects running smoothly as well as the ability to inspire workers.
The best construction managers have a number of common traits that keep them engaged with their work and passionate about their projects.
Purchasing Managers plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services.
1 of the main responsibilities as A Purchasing Manager is to Direct and coordinate activities of personnel engaged in buying, selling, and distributing materials, equipment, machinery, and supplies.
Step 5: Prepare relevant skills for being an IT Contracts Manager
What skills do you need to be an IT Contracts Manager?
In order to drive yourself and your team to success, in a management position you need to have a broad base of skills. For success in this position, you effeciency with these skills is key: Contract Lifecycle Management, Contract Negotiation, Contracts Management & Administration, Legal Writing, Licensing Management, Software Licensing, Writing Procedures & Documentation. For this role, you will need to be adept in with: Contract Management Software. Although every company varies in their requirements, these competencies will help you in this role.
Experience in commercial contracts, with particular skills around ICT contract management.
3 years IT Service Delivery / IT Contracts management experience.
Minimum of five years' experience with negotiating and managing contract life cycles, with an emphasis on technology or IT service agreements.
Experience in managing large complex contracts in one or more IT categories, including hardware, software, service and communication.
An ability to determine contractual and financial exposure and negotiate contracts, and ability to participate in the development of the asset management mission, goals and objectives.
Step 6: View average salary for IT Contracts Manager
How much does an IT Contracts Manager make?
The average salary range for an IT Contracts Manager is from $104,277 to $132,731. The salary will change depending on your location, job level, experience, education, and skills.
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Average salary for IT Contracts Manager jobs
- IT Asset and Contracts Manager
- IT Agreements and Contracts Manager
- IT Contracts and Licenses Administrator III
- IT Contracts and Licenses Administrator I
- IT Contracts and Licenses Administrator II
- Contracts Manager
- Contracts Administration Manager