Contract Management

Contract management forms the basis of most business relationships. If contracts are managed well, business relationship will flourish. If they are  not, companies face financial loss, relationship harm, and damaged reputations.

Let's have a closer look at the fundamental areas

Defining Contract Management
# Contract Types
# Contract Elements
# Risks of Poor Contract Management

Legal and Ethical Management
# Defining Ethical Contract Management
# Ethical Breaches

Contract Requests
# Choosing Potential Bidders
# RFP's and Technology
# Calculating Value
# Making A Choice

How To Create A Contract
# Templates And Software
# Compliance
# Wording
# Risks of Noncompliance

Contract Negotiations
# Prioritise Terms
# Remain Professional
# Execute The Contract

Assess Performance
# What Performance Can Be Assessed
# Creating Metrics
# Measuring Performance
# Improving Performance

Relationships
# Qualities of Effective Relationships
# Relationship Pitfalls
# Building Trust
# Maintaining Relationships

Amending Contracts
# Red-lines And Strikeouts
# Replacing Clauses
# Describing Amendments
# Amendment Status

Conducting Audits
# Why Audit
# Plan
# Establishing Procedures
# Investigate And Report

Renewing Contracts
# Involve Stakeholders
# Review
# Check For Accuracy And Changes
# Update or Cancel

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This Post Has One Comment

  1. Brock

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