Effective Contract Management

Effective Contract Management

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Our focus 
  • Ingredients for successful contract management
  • Tools for differential contract management Constructing the team and stakeholder management 
  • Risk management
  • Relationship management 
  • Service delivery and performance management 
  • Change management 
  • Exit management
  • Practical application of the lessons learned
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Contract management sometimes referred to as contract administration, refers to the processes and procedures that companies may implement in order to manage the negotiation, execution, performance, modification, and termination of contracts with various parties including customers, vendors, distributors, contractors, and employees. 
While businesspeople often dismiss contract preparation as “lawyer’s work” that has little or nothing to do with the important aspects of the working relationship between the contractual parties, contracting is actually one of the crucial activities in determining the success of any business arrangement.

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