Large projects and programs with complex contractual requirements necessitate the documentation of a contact management plan. This post delineates the various areas that must be addressed in such a plan. They are as follows:

  • Organization’s contract management team
  • Contractual team roles and responsibilities
  • Overview of the project or program contractual administration
  • Relationship of the program’s contract management processes with the organization’s overall contractual framework
  • Contract management processes (e.g. contract approvals, monitoring, etc.)
  • Contractual deliverables (aligned with the organization’s overall process)
  • Enforcing contractual penalties
  • Cost and schedule considerations
  • Contractual quality guidelines and enforcement
  • Invoicing and payments
  • Auditing of contracts
  • etc.

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