Transcription of Contract Management Guide - CIPS
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Contract Management Guide - CIPS
CIPS Knowledge Insight Contract Management Guide Contract life cycle Management is the process of systematically and efficiently managing Contract creation, execution and analysis for maximising operational and financial performance and minimising risk (Aberdeen Group). CIPS members can record one CPD hour for reading a CIPS Intelligence download that displays a CIPS CPD icon. This applies to concept downloads in both the procurement and supply Management and the wider Management discipline areas. Contract Management Guide - Knowledge Insight Introduction and scope This Guide is intended to cover all those activities associated with Contract Management from the establishment of the business case and the confirmation of need, through Contract administration and relationship Management to the review of Contract performance.
affect the decision and the investment. It should seek to establish that the proposed contract ... potential need and secondly to take soundings on such issues as feasibility, capacity, capability, approach and level of interest. 4. ... and normally there will be no direct financial compensation. External SLAs such as those for bought-in or ...
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