Contract Management Guide - CIPS

ContractManagementGuideContractManagemen tGuide2 Intr oductionandscope3De fin ition3 Importance of co ntra ct manag eme nt3 Acti vities4Up stre amor pre -award activities4 Downs tr eamor postaward activities26 Ack nowledgements36 Bibliograp hy36 Introdu ct ion and sco peThisgu ideis in ten de d to cover all th oseactivities associatedwi th contra ctma nagementfromth e establishment ofthebu sinesscasean d th e confirmationof need , th roughcontr actadministrati onandre lationshipmanag ement to therev ie w of Contract pe rfo eactivities themselves are dividedin to twodis tin ct butinterdep en de nt phases,ups tr eaman d do wn str eamof theawardof gu id e is generic in tha t its pr in ciplesare int en de d to be applicable to allcontrac ts froma simple or de r, th rou ghfra meworkcontractsto co mplexconstru cti onor servicecontr acts,and itshould be seenas equ all y ap plicabl e tocontrac ts in theprivate as well as th epub lic se fin itionContractlifecycle manag ement is theprocess of sy stematicall y an d ef ficientlyma naging Contract cr eat ion , ex ecutionandanalysi s formaximisingoperationa landfinancialperformanc e andminimisingrisk.

Introductionandscope This guide is intended to cover all those activities associated with contract management from the establishment of the business case and the confirmation

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  Management, Contract, Contract management

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