Once a contract has been awarded particularly in capital projects, such as construction how do you ensure that what you contracted for is what gets delivered? How do you monitor a service provider’s performance or a vendor’s product delivery to ensure timely and high quality results? How do you make sure that if your requirements change, that the financial, quality and schedule impacts of change are acceptable?
All employees involved in the contracting process need to be able to deploy best practices in post-award contract administration to enable their organisations to get the full benefit from procurement activity.
Included in this fast paced programme contracts administration to show renewed emphasis on this critical phase of contract management are:
- Effective Contract Administration
- Managing contract risks
- How to interpret Contract wording
- Maintaining Contract Schedules
- Controlling Contract Changes