Contract Management For Non Specialists
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Contract Management For Non Specialists
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Author : Paul Davies
language : en
Publisher:
Release Date : 2017-04-19
Contract Management For Non Specialists written by Paul Davies and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-19 with categories.
The success of contract management is measured not by how well the contract was understood but by how successfully the goods and services were delivered. This book is dedicated to helping contract managers achieve that success.Contract Management for Non-Specialists, a Bite-Sized Business Book, is aimed at business managers, project managers and sales people who are engaged with clients delivering services and products within a contractual framework. In around forty pages it distils twenty years of experience of developing, negotiating and managing contracts, and it provides an introducction to contracts and managing them for non-lawyers. It is not designed to replace legal advice from qualified practitioners but will enable you to find your way round a contract, understand legal terms or find out what they mean, and allow you to have confidence in managing a contract either with a supplier or on behalf of a supplier. A contract is focused on payment for a promise - and this simple understanding will help you come to terms with the range of issues that you will have to contend with in contract management.This book and the role of the contract manager isn't about dispute resolution, but about dispute prevention or, at least, mitigation. Disputes will arise in any sale of products and services and knowing where they are likely to occur, and how to defuse them if you can't resolve them will be crucial. By reading this book, and then having it at your side, you will be able to understand how to read a contract actively - that is looking for the triggers, flash points and issues, and then manage it over the lifetime of the contract. It clears away some of the mysteries and the mystification that surrounds contracts and is focused on the practical steps you have to take, as a non-lawyer, to be fair, focused and effective.Like all Bite-Sized Books it is deliberately short and to the point, and because it is based on successful practical experience in business, it is there to help you understand not only what to do but why those actions are significant.Underpinning the aim of the book is a strategy of communication with your opposite number - the contract manager for the other party - and with your own company. It is an invaluable guide for all non-specialists and even if you have great experience in the field, you will find it insightful and supportive.
Contract Management And Administration For Contract And Project Management Professionals
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Author : Joseph Corey
language : en
Publisher:
Release Date : 2021-08-04
Contract Management And Administration For Contract And Project Management Professionals written by Joseph Corey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-04 with categories.
The Expanded, Enhanced, and Updated (810 Pages, 2 Volumes) Second Edition of the Must Have Information and Reference Book Designed to Guide Contract and Project Management Professionals to More-Effectively Plan, Prepare, Manage, and Administer RFPs and Contracts and Manage Contractors. - This Book provides discussions of the Legal Basics of Contracts and Contracting and the Theories, Principles, and Strategies of Contracting and Contract Management and Administration and introduces, describes, and discusses the author's unique and breakthrough concept of the Ten Stages of the Contracting Process which is a practical breakdown of the Contracting Process into Ten Interdependent Stages from planning and structuring the Request for Proposal (RFP) to Contract Close Out, Post Contract Requirements, Evaluating the Contract Documents, and Evaluating the Performance of Each Party. The Ten Stages of the Contracting Process provides Contract and Project Management personnel with a structured process to more efficiently and effectively plan, prepare, negotiate, manage, control, and evaluate RFPs and Contracts and manage and administer contracts and manage contractors resulting in well-prepared and well-managed RFPs, Contracts, and Contractors resulting in Successful Contracts and Projects. - This Book Includes - 1) Comprehensive Discussions of Contract Types/Forms, Applications, and Risks; 2) Examples of Check Lists, Forms, Formats, and Agendas used to Plan, Prepare, Manage, Administer, and Evaluate RFPs, Contracts, and Owner and Contractor Performance; 3) Examples of Practical Applications, Best Practices, Analytical Evaluations, and Lessons Learned; 4) Examples of Terms and Conditions and Definitions used in Contracts; - This Book Discusses - 1) The Integration of the Ten Stages of Contract Management with the Six Phases of Project Management and the Seven Phases of Engineering; 2) Contract Cost and Schedule Estimate Risks Based on Scope and Engineering Development; 3) Structuring the Correct Contract Type/Form Based on Scope and Engineering Development; 4) Structuring Contracts for Engineering Services with Example Formats, Agendas, and Terms; 5) Benefits and Pitfalls of Target Cost Contracts and Cost Reimbursable Contracts; 6) Pitfalls of Negotiating a Contract with a Sole or Single Source or Preferred Contractor; 7) Pitfalls of Proceeding with the Contract Work with Insufficient Engineering Documents; 8) Candid Discussions and Examples of How to Structure Effective Contract Incentives and Damages; 9) Warranties and Remedies Applicable to Contracts, Contract Work, and Completed Projects and Items; 10) Claims and the Claims Avoidance, Prevention, Management, Mitigation, and Analyses Processes; 11) Risk Management and Organizational and Human Performance Evaluation and Improvement Programs; 12) Examples of Successful and Not So Successful Contracting Situations; 13) The History of Westinghouse Electric Corporation and Westinghouse Electric Company, LLC, with Significant Contracting Lessons Learned Which Caused the Demise of Westinghouse Electric Corporation and the Bankruptcy of Westinghouse Electric Company, LLC; 14) The History of U.S. Nuclear Technology Development; the Development of Commercial Nuclear Power Plants; and Applicable Contracts and Projects Problems and Lessons Learned with Emphasis on Organizational and Human Performance Improvement Programs. The focus of this book is to improve the Contract Management skills of Project and Contract Managers, Contract Administrators, Project Engineers, Project Controls Managers, and other personnel involved in planning and executing projects requiring large, complex contracts for services, materials, and the design and fabrication of specially engineered components. The concepts, principles, strategies, and formats covered in this book are applicable to developing and managing all types of major contracts and both private and public contracts.
Contract And Risk Management For Supply Chain Management Professionals
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Author : X. Paul Humbert
language : en
Publisher:
Release Date : 2014-01-19
Contract And Risk Management For Supply Chain Management Professionals written by X. Paul Humbert and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-19 with Business logistics categories.
What Will This Book Do for You? This book provides a survival manual for anyone involved in the crafting, structuring, negotiating, supporting or managing contracts involving commercial transactions of goods, services or both. It blends the practical with general legal principles and highlights best practices for supply chain professionals and anyone else involved, directly or indirectly, with the generation or management of contracts from cradle-to-grave. Even commercially wise and sophisticated organizations can be untrained and unaware of certain gaps and traps in the management of their contracts. This book addresses those pitfalls and provides lessons learned and guidance that are not typically taught at the college or even graduate school level. Experience can be hard and expensive to come by and this book provides a concentrated dose of experience that immediately raises the reader's level of sophistication and awareness for gaps and traps while providing practical solutions to pitfalls that can haunt any organization. Left unchecked, these pitfalls can lead to dysfunction and confusion; both of which can be an expensive proposition in today's competitive and uncertain economic environment. Who Should Use this Book? Supply Chain Management Professionals, Risk Managers, Insurance Experts, Project Managers, Purchasing Agents, Contract Administrators, Executives and any business or technical professionals who are involved with developing, managing or implementing projects, purchases or any complex transaction or procurement where cost, schedule and scope certainty are important. What Does This Book Cover? This book covers how the relationship of the parties affects commercial transactions and addresses the importance of upholding the integrity of the process and the contract by understanding key supply chain best practices. The book focuses on contracting strategies and approaches including how to structure requests for proposals and instructions to bidders as well as key considerations in pricing and pricing adjustments, risk management tools and techniques, the importance of defining the deliverables and outcomes, negotiation strategies and techniques, negotiating warranties and remedies, applying leadership and influencing skills to the process, how to implement sound change management as well as capturing and applying past lessons learned. In addition, special attention is given to the importance of sound "kick off" and "close out", including termination for cause or convenience techniques and other best practices.
Contract Management
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Author : Peter Sammons
language : en
Publisher: Kogan Page Publishers
Release Date : 2017-07-03
Contract Management written by Peter Sammons and has been published by Kogan Page Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-03 with Business & Economics categories.
Contract management is a key management skill, yet it is underplayed in most organizations, which usually default to project management skills as a proxy for contract management skills. Whilst project management skills are equally essential, they are not the same thing. Contract Management looks at the wider contract management picture from an industrial-commercial perspective, and helps set-out typical structures and processes that assist the contract management task. The author uses diagramatic representations to depict complex ideas. Contract Management includes "learning points" in each chapter, looking at handling problems, procedural changes and enhancing commercial performance.
Contract Management
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Author : Alain Brunet
language : en
Publisher: Springer Nature
Release Date : 2021-07-30
Contract Management written by Alain Brunet and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-30 with Law categories.
This book presents the latest findings relating to behavioral economics and the digital tools applied to contract management. There has been a decisive change in the role of contracts in the past decade, with contracts being transformed from purely legal necessities designed to protect against worst-case scenarios into tools for optimizing ongoing and mutually profitable business relationships with customers. There is an increasing emphasis on tight contracts, where time-risk and additional costs are passed on to the prime contractor, who may suffer heavy penalties in the event of non-performance. Contracts shape the behavior of the parties involved and as such have a major impact on project success. The contract manager’s goals are to protect the interests of the company and its shareholders by minimizing the company’s financial and contractual liabilities and to maximize its profitability while ensuring end-user satisfaction. The contract is usually written before the design is fully developed, and there is often a mismatch between contractual specifications and what the customer actually wants. Good contract management entails preserving the rights of the contractor by ensuring all parties respect their contractual obligations; providing advice to the project managers and engineering team; preparing profitable amendments to contracts or change requests; maintaining good record-keeping in the event that claims arise; filing notices when necessary; and guiding the project to a profitable conclusion. Like the ancient Chinese game of Go, moves made early in the game (notification of events) can shape the nature of a potential conflict one hundred moves later (arbitration threat). Contract management can also smooth the relationship between partners, allowing well-balanced “don’t-trade-a-dollar-for-a-penny” contracts to be managed through an established process rather than as sporadic events (we cannot claim to be in control of our business if we are not in control of the contracts on which it depends). Managing a contract with a mix of incomplete manuals, fragmented information, and poor planning can drive companies to “reinvent the wheel.” Contract management promotes a three-phase sequence to streamline information flows across the contract lifecycle, from the bid phase to performance, project closeout, and final payments.
Contract Management Body Of Knowledge
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Author : National Contract Management Association
language : en
Publisher: National Contract Management Association
Release Date : 2023-01-07
Contract Management Body Of Knowledge written by National Contract Management Association and has been published by National Contract Management Association this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-07 with Study Aids categories.
A must-have reference for contract management professionals, the CMBOK presents what should be learned by contract managers and how they should learn it. The content was developed through a voluntary consensus process governed and administered by NCMA to promote the fair development of consensus. This consensus was established through a job task analysis survey of contract managers and working groups comprised of subject matter experts in contract management. The CMBOK is not solely for the benefit of contract managers; contract managers are not the only ones involved in contract management activities. Numerous stakeholders measure success or failure by contract performance. Knowledge of contract management and competent contract management processes directly impacts the success of contract performance. The seventh edition of the CMBOK is primarily driven by the changes to the Contract Management Standard™ (CMS™). In June 2022, the American National Standards Institute (ANSI) reaffirmed the NCMA CMS™ as an American National Standard (ANS). This ANS [ANSI/NCMA ASD 1-2019 (R2022)—see Annex] serves as the CMBOK’s foundational document to expand, refine, and reorganize contract management knowledge. The CMBOK provides further definition of the field of contract management; the framework for the body of knowledge; and the practices, lexicon, and processes of contract management. In addition, it provides procedural steps for contract management processes in general, as well as for specialized areas, including government or commercial contracting.
Contract And Commercial Management The Operational Guide
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Author : International Association for Contract and Commercial Management(IACCM)
language : en
Publisher: Van Haren
Release Date : 2011-11-11
Contract And Commercial Management The Operational Guide written by International Association for Contract and Commercial Management(IACCM) and has been published by Van Haren this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-11 with Education categories.
Almost 80% of CEOs say that their organization must get better at managing external relationships. According to The Economist, one of the major reasons why so many relationships end in disappointment is that most organizations 'are not very good at contracting'. This ground-breaking title from leading authority IACCM (International Association for Contract and Commercial Management) represents the collective wisdom and experience of Contract, Legal and Commercial experts from some of the world s leading companies to define how to partner for performance. This practical guidance is designed to support practitioners through the contract lifecycle and to give both supply and buy perspectives, leading to a more consistent approach and language that supports greater efficiency and effectiveness. Within the five phases described in this book (Initiate, Bid, Development, Negotiate and Manage), readers will find invaluable guidance on the whole lifecycle with insights to finance, law and negotiation, together with dispute resolution, change control and risk management. This title is the official IACCM operational guidance and fully supports and aligns with the course modules for Certification.
Fundamentals Of Contract And Commercial Management
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Author : International Association for Contract and Commercial Management
language : en
Publisher: Van Haren
Release Date : 2013-09-23
Fundamentals Of Contract And Commercial Management written by International Association for Contract and Commercial Management and has been published by Van Haren this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-23 with Education categories.
This ground-breaking title from the world’s leading authority on contemporary contracting best practices, the IACCM (International Association for Contract and Commercial Management) delivers a lively and practical complete insight into the contracting process which is useful in both business and personal life. Contracts are the language of business, and this book gives readers the essentials that can make a difference to any deal, no matter how big or small. Designed for the non-contract business professional, this book takes project managers and other professionals through the basic process and gives them a road map to improved results, increased value, and successful outcomes In this book you’ll find sensible guidance and approaches to ensure business success. Case studies showing you what can go wrong – and what can go right -- bring theory into the real world. Checklists give confidence and enable you to be certain that you have asked and answered the right questions as you go through any deal. This real-world approach demonstrates the value of effective contracting. This is not dry, academic prose. It is compelling and dynamic advice and tools to manage business relationships for both buyers and sellers.
Contract Management Specialist
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Author : National Learning Corporation
language : en
Publisher: National Learning Corporation
Release Date : 2020
Contract Management Specialist written by National Learning Corporation and has been published by National Learning Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Study Aids categories.
The Contract Management Specialist Passbook(R) prepares you for your test by allowing you to take practice exams in the subjects you need to study. It provides hundreds of questions and answers in the areas that will likely be covered on your upcoming exam, including but not limited to: contract management; preparing, understanding and interpreting written material; supervision and administration; inter-/intra-agency communication; and other related areas.
Contract Management Specialist
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Author : National Learning Corporation
language : en
Publisher: Passbooks
Release Date : 2014
Contract Management Specialist written by National Learning Corporation and has been published by Passbooks this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Civil service categories.
The Contract Management Specialist Passbook(R) prepares you for your test by allowing you to take practice exams in the subjects you need to study. It provides hundreds of questions and answers in the areas that will likely be covered on your upcoming exam, including but not limited to: contract management; preparing, understanding and interpreting written material; supervision and administration; inter-/intra-agency communication; and other related areas.